XML 31 R21.htm IDEA: XBRL DOCUMENT v3.23.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Sep. 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 September 30, 2023 and 2022 are as follows:

 

   As of
September 30,
   As of
September 30,
 
   2023   2022 
Cash and cash equivalents  $3,928,836   $10,644,751 
Restricted cash   -    2,000,000 
Total  $3,928,836   $12,644,751 
SCHEDULE OF TIMING REVENUE RECOGNITION

The timing of revenue recognition for the three months ended September 30, 2023 and 2022 was as follows:

 

           
   For the Three Months Ended 
   September 30, 
   2023   2022 
Products and services transferred at a point in time  $2,475,603   $2,996,948 
Products and services transferred/recognized over time   629,277    954,076 
Total Revenue  $3,104,880   $3,951,024