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Convertible Note (Tables) | 6 Months Ended
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Dec. 31, 2024
Convertible Note [Line Items] |
Schedule of Fixed Conversion Prices | The holder of the Notes shall have the right, at such holder’s sole discretion, to convert all or any portion of the convertible notes into Class A ordinary shares at anytime after September 23, 2024 at following fixed conversion prices.
|  | Conversion Price |
|  | US$ |
First Closing of First Tranche |  |  | 4.71 |
Second Closing of First Tranche |  |  | 4.47 |
Third Closing of First Tranche |  |  | 3.25 |
Schedule of Fair Value Measurements Inputs | The following table provides quantitative information regarding Level 3 fair value measurements inputs for the Company’s warrants at their measurement dates:
|  | First Closing |  |  | Second Closing |  |  | Third Closing |
Issuance Date |  | On September 24, 2024 |  |  | On October 7, 2024 |  |  | On December 12, 2024 |
Risk-free rate |  |  | 3.62 | % |  |  | 4.00 | % |  |  | 4.37 | %
Estimated volatility rate |  |  | 43.79 | % |  |  | 43.88 | % |  |  | 44.39 | %
Dividend yield |  |  | 0 | % |  |  | 0 | % |  |  | 0 | %
Spot price of underling ordinary share |  |  | 3.87 |  |  |  | 3.86 |  |  |  | 2.53 |
Exercise price |  |  | 4.71 |  |  |  | 4.47 |  |  |  | 3.25 |
Fair value of Purchase Warrant in USD |  |  | 106,000 |  |  |  | 120,000 |  |  |  | 149,000 |
Balance sheet date |  | On December 31, 2024 |
|  | First Closing |  |  | Second Closing |  |  | Third Closing |
Risk-free rate |  |  | 4.56 | % |  |  | 4.57 | % |  |  | 4.58 | %
Estimated volatility rate |  |  | 42.38 | % |  |  | 42.61 | % |  |  | 44.78 | %
Dividend yield |  |  | 0 | % |  |  | 0 | % |  |  | 0 | %
Spot price of underling ordinary share |  |  | 1.57 |  |  |  | 1.57 |  |  |  | 1.57 |
Exercise price |  |  | 2.81 |  |  |  | 2.81 |  |  |  | 2.81 |
Fair value of Purchase Warrant in USD |  |  | 51,000 |  |  |  | 48,000 |  |  |  | 80,000 |
Convertible Note [Member] |
Convertible Note [Line Items] |
Schedule of Fair Value Measurements Inputs | The following table provides quantitative information regarding Level 3 fair value measurements inputs for the Company’s derivate liabilities at their measurement dates:
|  | First Closing |  |  | Second Closing |  |  | Third Closing |
Issuance Date |  | On September 24, 2024 |  |  | On October 7, 2024 |  |  | On December 12, 2024 |
Risk-free rate |  |  | 3.86%~ 4.02 | % |  |  | 4.28%~ 4.41 | % |  |  | 4.34%~ 4.35 | %
Estimated volatility rate |  |  | 37.57%~ 42.09 | % |  |  | 38.86%~ 45.27 | % |  |  | 38.52%~ 43.00 | %
Dividend yield |  |  | 0 | % |  |  | 0 | % |  |  | 0 | %
Bond yield |  |  | 8.32 | % |  |  | 8.62 | % |  |  | 8.66 | %
|  | First Closing |  |  | First Closing |  |  | Second Closing |  |  | Second Closing |  |  | Second Closing |  |  | Third Closing |
Extinguishment date or Balance sheet date |  | On November 22, 2024 |  |  | On December 6, 2024 |  |  | On December 6, 2024 |  |  | On December 23, 2024 |  |  | On December 31, 2024 |  |  | On December 31, 2024 |
Risk-free rate |  |  | 4.53 | % |  |  | 4.32%~4.42 | % |  |  | 4.41 | % |  |  | 4.39%~4.41 | % |  |  | 4.33%~4.41 | % |  |  | 4.30%~4.32 | %
Estimated volatility rate |  |  | 37.60 | % |  |  | 38.04%~43.99 | % |  |  | 39.17%~48.45 | % |  |  | 44.96%~49.86 | % |  |  | 42.25%~45.65 | % |  |  | 41.23%~49.31 | %
Dividend yield |  |  | 0 | % |  |  | 0 | % |  |  | 0 | % |  |  | 0 | % |  |  | 0 | % |  |  | 0 | %
Bond yield |  |  | 8.32 | % |  |  | 8.64 | % |  |  | 8.64 | % |  |  | 8.81 | % |  |  | 8.75 | % |  |  | 8.75 | %

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