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LEASES (Tables)
12 Months Ended
Jun. 30, 2024
Leases  
SCHEDULE OF BALANCE SHEET INFORMATION RELATED TO LEASE

Supplemental balance sheet information related to leases was as follows:

 

   As of   As of 
   June 30, 2024   June 30, 2023 
Assets        
Operating lease assets, net  $1,328,624   $1,151,575 
           
Liabilities          
Current          
Operating  $608,202   $505,237 
Non-current          
Operating   688,749    652,194 
Total Lease Liabilities  $1,296,951   $1,157,431 
SCHEDULE OF COMPONENTS OF LEASE COST

The components of lease cost were as follows:

 

   2024   2023 
   For the Years 
   Ended June 30, 
   2024   2023 
         
Amortization of finance lease assets  $15,061   $10,904 
Interest on finance lease obligation   6,206    4,966 
Operating lease cost   403,438    446,627 
Short term lease cost   297,014    184,526 
Sub lease income   (33,417)   (31,998)
Total lease cost  $688,302   $615,025 
SCHEDULE OF LEASE TERM AND DISCOUNT RATE

Lease term and discount rate were as follows:

 

   As of   As of 
   June 30, 2024   June 30, 2023 
         
Weighted average remaining lease term - Operating leases   1.99 Years    3.09 Years 
           
Weighted average discount rate - Operating leases   4.5%   4.0%
SCHEDULE OF SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION RELATED TO LEASES

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

 

   2024   2023 
   For the Years 
   Ended June 30, 
   2024   2023 
         
Operating cash flows related to operating leases  $322,953   $457,592 
           
Operating cash flows related to finance leases  $6,203   $5,075 
           
Financing cash flows related finance leases  $25,477   $32,536 
SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

Maturities of operating lease liabilities were as follows as of June 30, 2024:

 

   Amount 
Within year 1  $664,131 
Within year 2   422,077 
Within year 3   205,912 
Within year 4   108,550 
Within year 5   474 
Total Lease Payments   1,401,144 
Less: Imputed interest   (104,193)
Present Value of lease liabilities   1,296,951 
Less: Current portion   (608,202)
Non-Current portion  $688,749