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GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF COMPOSITION OF GOODWILL

The composition of goodwill at June 30, 2023 and 2022 is as follows:

 

   AUGGD   XRT   S5D   PulpoAR   BLI   Total 
   Year ended June 30, 2023 
   AUGGD   XRT   S5D   PulpoAR   BLI   Total 
Goodwill - beginning of year  $250,000   $300,000   $12,605,723   $309,037   $-   $13,464,760 
Acquisitions   -    -    -    -    10,473,700    10,473,700 
Adjustments   -    -    -    70,000    83,901    153,901 
Impairments   (250,000)   -    (12,605,723)   -    -    (12,855,723)
Goodwill - end of year  $-   $300,000   $-   $379,037   $10,557,601   $11,236,638 

 

   AUGGD   XRT   S5D   PulpoAR   BLI   Total 
   Year ended June 30, 2022 
   AUGGD   XRT   S5D   PulpoAR   BLI   Total 
Goodwill - beginning of year  $-   $-   $-   $-   $-   $- 
Acquisitions   250,000    300,000    12,605,723    309,037    -    13,464,760 
Goodwill - end of year  $250,000   $300,000   $12,605,723   $309,037   $-   $13,464,760 
SCHEDULE OF INTANGIBLE ASSETS, AMORTIZATION PERIOD AND ACCUMULATED AMORTIZATION

Intangible assets, their respective amortization period, and accumulated amortization at June 30, 2023 and 2022 are as follows:

 

   XR Terra   PulpoAR   BLI   inciteVR   Total     
   As of June 30, 2023 
   Value ($)   Amortization Period (Years) 
   XR Terra   PulpoAR   BLI   inciteVR   Total     
Intangible Assets                        
Customer Relationships  $-   $-   $3,310,000   $-   $3,310,000    5 
Technology   300,000    925,000    880,000    326,435    2,431,435    3 
Less: Accumulated Amortization   (174,995)   (334,025)   (875,722)   (72,542)   (1,457,284)     
Intangible Assets, net  $125,005   $590,975   $3,314,278   $253,893   $4,284,151      

 

   S5D   AUGGD   XR Terra   PulpoAR   Total     
   As of June 30, 2022 
   Value ($)   Amortization Period (Years) 
   S5D   AUGGD   XR Terra   PulpoAR   Total     
Intangible Assets                        
Customer Relationships  $2,820,000   $250,000   $-   $-   $3,070,000    3-5 
Technology   -    250,000    300,000    925,000    1,475,000    3 
Less: Accumulated Amortization   (235,000)   (145,824)   (74,997)   (25,694)   (481,515)     
Intangible Assets, net  $2,585,000   $354,176   $225,003   $899,306   $4,063,485      
SCHEDULE OF INTANGIBLE ASSET AMORTIZATION EXPENSE

Estimated intangible asset amortization expense for the remaining lives are as follows:

 

      
Fiscal Year Ended June 30, 2024  $1,472,000 
Fiscal Year Ended June 30, 2025  $1,372,000 
Fiscal Year Ended June 30, 2026  $723,000 
Fiscal Year Ended June 30, 2027  $662,000 
Fiscal Year Ended June 30, 2028  $55,000