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Intangible Assets, Net
12 Months Ended
Jun. 30, 2023
Intangible Assets, Net [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 9 — INTANGIBLE ASSETS, NET

Intangible assets, net, mainly consist of the following:

 

June 30,
2023

 

June 30,
2022

Capitalized internal-use software development costs

 

$

905,431

 

 

$

905,375

 

Less: accumulated amortization

 

 

(616,995

)

 

 

(527,037

)

Intangible assets, net

 

$

288,436

 

 

$

378,338

 

Amortization expense was $131,762 and $118,184 for the years ended June 30, 2023 and 2022, respectively. Estimated future amortization expense for intangible assets is as follows:

Twelve months ending June 30,

 

Amortization
expense

2024

 

$

88,821

2025

 

 

78,094

2026

 

 

76,316

2027

 

 

30,840

2028

 

 

11,241

Thereafter

 

 

3,124

   

$

288,436