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Lease
 6 Months Ended
Dec. 31, 2022
Operating Leases of Lessee Disclosures [Abstract]  
LEASE

12. LEASE

 

Supplemental balance sheet information related to the operating lease was as follows:

 

   As of
December 31,		   As of
June 30,		 
   2022   2022 
Right-of-use assets  $336,356   $461,399 
           
Operating lease liabilities - current  $202,230   $208,926 
Operating lease liabilities - non-current   155,082    250,178 
Total operating lease liabilities  $357,312   $459,104 

   

The weighted average remaining lease terms and discount rates for the operating lease as of December 31, 2022 were as follows:

 

Remaining lease term and discount rate:

 

Weighted average remaining lease term (years)   1.91 
Weighted average discount rate   4.3%

 

During the six months ended December 31, 2022 and 2021, the Company incurred total operating lease expenses of $91,984 and $45,196, respectively.

 

As of December 31, 2022, the future minimum rent payable under the non-cancellable operating lease for fiscal years ended December 31 were:

 

2023  $129,802 
2024   155,785 
Thereafter   93,685 
Total lease payments   379,272 
Less: imputed interest   (21,960)
Present value of lease liabilities  $357,312