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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
SCHEDULE OF COMPONENTS OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH

The components of cash, cash equivalents and restricted cash on the consolidated statements of cash flows as of June 30, 2023 and 2022 are as follows:

 

 

   As of June 30,   As of June 30, 
   2023   2022 
Cash and cash equivalents  $5,619,083   $16,249,666 
Restricted cash   -    2,000,000 
Total  $5,619,083   $18,249,666 
SCHEDULE OF TIMING REVENUE RECOGNITION

The timing of revenue recognition for the years ended June 30, 2023 and 2022 was as follows:

 

 

   2023   2022 
   For the Years Ended 
   June 30, 
   2023   2022 
Products and services transferred at a point in time  $10,479,570   $5,181,482 
Products and services transferred/recognized over time   3,002,794    2,086,131 
Total Revenue  $13,482,364   $7,267,613