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LEASES (Tables)
 6 Months Ended
Dec. 31, 2021
Leases  
SCHEDULE OF BALANCE SHEET INFORMATION RELATED TO LEASE

Supplemental balance sheet information related to leases was as follows:

 

   As of   As of 
   December 31, 2021   June 30, 2021 
Assets          
Operating lease assets, net  $1,029,294   $1,345,869 
           
Liabilities          
Current          
Operating  $770,559   $857,729 
Non-current          
Operating   319,613    564,257 
Total Lease Liabilities  $1,090,172   $1,421,986 
SCHEDULE OF COMPONENTS OF LEASE COST

The components of lease cost were as follows:

 

                 
   For the Three Months   For the Six Months 
   Ended December 31,   Ended December 31, 
   2021   2020   2021   2020 
                 
Amortization of finance lease assets  $21,895   $31,926   $42,928   $77,179 
Interest on finance lease obligation   3,212    6,953    8,148    18,645 
Operating lease cost   97,827    310,740    380,778    630,826 
Short term lease cost   38,781    13,493    38,781    30,071 
Sub lease income   (8,950)   (8,738)   (18,105)   (17,362)
Total lease cost  $152,765   $354,374   $452,530   $739,359 
SCHEDULE OF LEASE TERM AND DISCOUNT RATE

Lease term and discount rate were as follows:

 

   As of   As of 
   December 31, 2021   June 30, 2021 
         
Weighted average remaining lease term - Operating leases    1.65 Years     1.78 Years 
           
Weighted average discount rate - Operating leases   5.9%   5.7%
SCHEDULE OF SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION RELATED TO LEASES

Supplemental disclosures of cash flow information related to leases were as follows:

 

           
   For the Six Months 
   Ended December 31 
   2021   2020 
         
Cash flows related to lease liabilities          
Operating cash flows related to operating leases  $393,765   $529,970 
           
Operating cash flows from finance leases  $3,531   $13,767 
           
Financing cash flows from finance leases  $54,844   $168,624 
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

Maturities of operating lease liabilities were as follows as of December 31, 2021:

 

   Amount 
Within year 1  $809,508 
Within year 2   262,760 
Within year 3   62,912 
Within year 4   744 
Within year 5   744 
Thereafter   1,859 
Total Lease Payments   1,138,527 
Less: Imputed interest   (48,355)
Present Value of lease liabilities   1,090,172 
Less: Current portion   (770,559)
Non-Current portion  $319,613