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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Jun. 30, 2024
Accounting Policies [Abstract] |
Schedule of financial information by geographic area |
Schedule of financial information by geographic area |  |  |  |  |  |  |  |
|  | Fiscal Years Ended June 30, |
Net sales: |  | 2024 |  |  | 2023 |
North America |  | $ | 30,699,727 |  |  | $ | 45,782,084 |
Asia |  |  | 96,963 |  |  |  | 166,432 |
Totals |  | $ | 30,796,690 |  |  | $ | 45,948,516 |
Schedule of long-lived assets, net |
Schedule of long-lived assets, net |  |  |  |  |  |  |  |
Long-lived assets, net (property and equipment and intangible assets): |  | June 30, 2024 |  |  | June 30, 2023 |
North America |  | $ | 1,218,139 |  |  | $ | 2,083,902 |
Asia |  |  | 206,426 |  |  |  | 198,070 |
Totals |  | $ | 1,424,565 |  |  | $ | 2,281,972 |
Schedule of trade receivables |
Schedule of trade receivables |  |  |  |  |  |
|  | June 30, 2024 |  |  | June 30, 2023 |
Accounts Receivable, net |  | $ | 1,155,060 |  |  | $ | 8,949,802 |
Schedule of contract liabilities and advance from customers |
Schedule of contract liabilities and advance from customers |  |  |  |  |  |
|  | June 30, 2024 |  |  | June 30, 2023 |
Undelivered products |  | $ | 158,771 |  |  | $ | 146,488 |
Schedule of estimated useful lives |
Schedule of estimated useful lives |  |
Machinery |  | 6 years
Office equipment |  | 5 years
Molds |  | 3~6 years
Vehicles |  | 5 years
Computers and software |  | 5 years
Furniture and fixtures |  | 7 years
Facilities improvements |  | 5 years or life of the lease, whichever is shorter
Schedule of definite lived intangible assets |
Schedule of definite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Definite lived intangible assets: |  | Expected Life |  | Average Remaining life |  | Gross Intangible Assets |  |  | Less Accumulated Amortization |  |  | Net Intangible Assets |
Complete technology |  | 3 years |  | – |  |  | 18,397 |  |  |  | 18,397 |  |  |  | – |
Technology in progress |  | Not Applicable |  | – |  |  | – |  |  |  | – |  |  |  | – |
Software |  | 5 years |  | 1.6 years |  |  | 489,992 |  |  |  | 365,526 |  |  |  | 124,466 |
Patents |  | 10 years |  | 6.7 years |  |  | 67,373 |  |  |  | 27,345 |  |  |  | 40,028 |
Certifications & licenses |  | 3 years |  | 1.4 years |  |  | 3,924,007 |  |  |  | 2,778,875 |  |  |  | 1,145,132 |
Total as of June 30, 2024 |  |  |  |  |  | $ | 4,499,769 |  |  |  | 3,190,143 |  |  |  | 1,309,626 |
The definite lived intangible assets consisted of the following as of June 30, 2023:
Definite lived intangible assets: |  | Expected Life |  | Average Remaining life |  | Gross Intangible Assets |  |  | Less Accumulated Amortization |  |  | Net Intangible Assets |
Complete technology |  | 3 years |  | – |  |  | 18,397 |  |  |  | 18,397 |  |  |  | – |
Technology in progress |  | Not Applicable |  | – |  |  | 203,838 |  |  |  | – |  |  |  | 203,838 |
Software |  | 5 years |  | 1.6 years |  |  | 423,762 |  |  |  | 347,228 |  |  |  | 76,534 |
Patents |  | 10 years |  | 7.0 years |  |  | 59,975 |  |  |  | 21,108 |  |  |  | 38,867 |
Certifications & licenses |  | 3 years |  | 2.0 years |  |  | 3,759,240 |  |  |  | 1,897,595 |  |  |  | 1,861,645 |
Total as of June 30, 2023 |  |  |  |  |  | $ | 4,465,212 |  |  |  | 2,284,328 |  |  |  | 2,180,884 |
Schedule of amortization expenses of the definite lived intangible assets |
Schedule of amortization expenses of the definite lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | FY2025 |  |  | FY2026 |  |  | FY2027 |  |  | FY2028 |  |  | FY2029 |  |  | Thereafter |
Total |  | $ | 853,077 |  |  | $ | 385,150 |  |  | $ | 45,234 |  |  | $ | 17,913 |  |  | $ | 7,688 |  |  | $ | 564 |

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