XML 49 R11.htm IDEA: XBRL DOCUMENT
v3.23.3

Prepayments, Deposits and Other Assets, Net | 12 Months Ended
--- | ---
Jun. 30, 2023
Prepayments, Deposits and Other Assets, Net [Abstract] |
PREPAYMENTS, DEPOSITS AND OTHER ASSETS, NET | NOTE 5 – PREPAYMENTS, DEPOSITS AND OTHER ASSETS, NET Prepayments, deposits and other assets, net consisted of the following:
|  | As of June 30, |
|  | 2023 |  |  | 2022 |
Prepaid expenses* |  | $ | 510,462 |  |  | $ | 928,025 |
Contract assets |  |  | 691,025 |  |  |  | 1,461,411 |
Advances and deposits to suppliers* |  |  | 155,179 |  |  |  | 728,238 |
Deferred contract costs |  |  | 114,400 |  |  |  | 714,127 |
Note receivables |  |  | 280,223 |  |  |  | 187,916 |
Advances to employees |  |  | 100,090 |  |  |  | 6,865 |
Government subsidies |  |  | - |  |  |  | 437,288 |
Prepaid VAT |  |  | 74,329 |  |  |  | - |
Less: allowance for credit loss |  |  | (7,316 | ) |  |  | - |
Total |  |  | 1,918,392 |  |  |  | 4,463,870 |
Less: non-current portion |  |  | (252,656 | ) |  |  | (248,456 | )
Prepayments, deposits and other assets – current portion |  | $ | 1,665,736 |  |  | $ | 4,215,414 |
* | Prepaid expenses, advances and deposits to suppliers primarily consists of advances and deposits to suppliers for purchasing goods or services that have not been received or provided.
The movement of the allowance for doubtful accounts is as follows:
|  | Fiscal Year |
|  | 2023 |  |  | 2022 |
Balance as of June 30, 2022 |  | $ | - |  |  | $ | - |
Adoption of ASU 2016-13 |  |  | 13,292 |  |  |  | - |
Recovery of doubtful accounts |  |  | (5,976 | ) |  |  | - |
Balance as of June 30, 2023 |  | $ | 7,316 |  |  | $ | - |

X
- References No definition available. + Details
Name: | clps_PrepaymentsDepositsAndOtherAssetsNetAbstract
Namespace Prefix: | clps_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_OtherAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration