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ACCRUED LIABILITIES | 12 Months Ended
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Jun. 30, 2024
Payables and Accruals [Abstract] |
ACCRUED LIABILITIES | NOTE 3 – ACCRUED LIABILITIES Accrued liabilities consist of the following as of:
Schedule of accrued liabilities |  |  |  |  |  |
|  | June 30, 2024 |  |  | June 30, 2023 |
Accrued payroll deductions owed to government entities |  | $ | 49,452 |  |  | $ | 52,923 |
Accrued salaries and bonuses |  |  | 875,000 |  |  |  | 375,000 |
Accrued vacation |  |  | 164,884 |  |  |  | 141,590 |
Accrued commission for service providers |  |  | 15,000 |  |  |  | 32,500 |
Accrued commission to a customer |  |  | 247,592 |  |  |  | 247,592 |
Other accrued liabilities |  |  | 73,218 |  |  |  | 6,556 |
Total |  | $ | 1,425,146 |  |  | $ | 856,161 |
On November 10, 2022, the Company and OC Kim, its President, entered into an amendment of the employment letter agreement dated September 7, 2021. The amendment provides for the payment of an incentive bonus to Mr. Kim of $125,000 for each calendar quarter during the remaining four-year term of the employment letter, which will be total amount of $2M, with the first such bonus accrued on December 31, 2022. For the year ended June 30, 2024 and 2023, $500,000 and $375,000 bonus had been accrued, respectively, with $875,000 and $375,000 accrual bonus balances as of June 30, 2024 and 2023, respectively. The Company accrued a commission of approximately $650,000 to a customer to provide a financial support for its sales program during the 2021 fiscal year. The accrued commission has been paid approximately $400,000 in the form of credit with the remaining balance of approximately $250,000 as of June 30, 2024.

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- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 720 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483384/720-30-45-1 + Details
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