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Accounts Receivable and Other Receivables, Net
 9 Months Ended
Mar. 31, 2026
Accounts Receivable and Other Receivables, Net [Abstract]  
Accounts Receivable and Other Receivables, Net

3. Accounts Receivable and Other Receivables, Net

 

Accounts receivable and other receivables, net consisted of the following:

 

   March 31,
2026		   June 30,
2025		 
   US$   US$ 
Accounts receivable – third parties   18,462,604    22,713,346 
Accounts receivable – a related party   300    912 
Other receivables – third parties*   79,364    88,111 
Other receivables – a related party*   444,876    
-
 
Gross total   18,987,144    22,802,369 
Less: allowance for credit loss   (594,869)   (594,869)
Total   18,392,275    22,207,500 

 

*The balance is comprised primarily of receivables associated with service arrangements that are not within the scope of ASC 606.

 

The allowance for credit loss for the nine months ended March 31, 2026 and the fiscal year ended June 30, 2025 consisted of the following:

 

   March 31,
2026		   June 30,
2025		 
   US$   US$ 
Balance as of beginning   594,869    407,182 
Additional provision   
-
    275,610 
Write-off   
-
    (87,923)
Ending balance   594,869    594,869