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LEASES (Tables)
 6 Months Ended
Dec. 31, 2022
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, 2022   June 30, 2022 
Assets          
Operating lease assets, net  $1,246,778   $969,163 
           
Liabilities          
Current          
Operating  $499,455   $548,678 
Non-current          
Operating   789,621    447,260 
Total Lease Liabilities  $1,289,076   $995,938 
SCHEDULE OF COMPONENTS OF LEASE COST

The components of lease cost were as follows:

 

   2022   2021   2022   2021 
   For the Three Months   For the Six Months 
   Ended December 31,   Ended December 31, 
   2022   2021   2022   2021 
                 
Amortization of finance lease assets  $3,099   $21,895   $5,995   $42,928 
Interest on finance lease obligation   1,552    3,212    3,359    8,148 
Operating lease cost   113,079    97,827    231,601    380,778 
Short term lease cost   37,986    38,781    104,622    38,781 
Sub lease income   (7,786)   (8,950)   (15,598)   (18,105)
Total lease cost  $147,930   $152,765   $329,979   $452,530 
SCHEDULE OF LEASE TERM AND DISCOUNT RATE

Lease term and discount rate were as follows:

 

   As of   As of 
   December 31, 2022   June 30, 2022 
         
Weighted average remaining lease term - Operating leases   3.31 Years    3.34 Years 
           
Weighted average discount rate - Operating leases   3.6%   4.2%
SCHEDULE OF SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION RELATED TO LEASES

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

 

    1    2 
   For the Six Months 
   Ended December 31 
   2022   2021 
         
Operating cash flows related to operating leases  $236,311   $369,175 
           
Operating cash flows related to finance leases  $3,358   $3,531 
           
Financing cash flows related finance leases  $16,230   $54,844 
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

Maturities of operating lease liabilities were as follows as of December 31, 2022:

 

   Amount 
Within year 1  $534,010 
Within year 2   373,602 
Within year 3   324,306 
Within year 4   120,543 
Within year 5   583 
Thereafter   874 
Total Lease Payments   1,353,918 
Less: Imputed interest   (64,842)
Present Value of lease liabilities   1,289,076 
Less: Current portion   (499,455)
Non-Current portion  $789,621