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ACCOUNTING POLICIES (Tables)
3 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
SCHEDULE OF FAIR VALUE OF FINANCIAL ASSETS MEASURED ON RECURRING BASIS

The Company’s financial assets that were measured at fair value on a recurring basis as of September 30, 2024, were as follows:

 

   Level 1   Level 2   Level 3   Total Assets 
Revenues in excess of billings - long term  $-   $-   $866,388   $866,388 
Total  $-   $-   $866,388   $866,388 

 

The Company’s financial assets that were measured at fair value on a recurring basis as of June 30, 2024, are as follows:

 

   Level 1   Level 2   Level 3   Total Assets 
Revenues in excess of billings - long term  $-   $-   $954,029   $954,029 
Total  $-   $-   $954,029   $954,029 
SCHEDULE OF FAIR VALUE OF FINANCIAL INSTRUMENTS RECONCILIATION

The reconciliation from June 30, 2024 to September 30, 2024 is as follows:

 

   Revenues in excess of billings - long term   Fair value discount   Total 
Balance at June 30, 2024  $1,106,475   $(152,446)  $954,029 
Amortization during the period   -    18,367    18,367 
Transfers to short term   (206,964)   -    (206,964)
Effect of Translation Adjustment   100,744    212    100,956 
Balance at September 30, 2024  $1,000,255   $(133,867)  $866,388