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Accounts Receivable, Net (Tables)
 12 Months Ended
Jun. 30, 2023
Accounts Receivable, Net [Abstract]  
Schedule of Accounts Receivable Accounts receivable consists of the following:
 

June 30,
2023

  

June 30,
2022

Accounts receivable

  

$

76,690,246

  

$

76,119,299

 

Less: allowance for doubtful accounts

  

 

—

  

 

(99,003

)

Accounts receivable, net

  

$

76,690,246

  

$

76,020,296

 
Schedule of Outstanding Accounts Receivable and Subsequent Collection The following table summarizes the Company’s outstanding accounts receivable and subsequent collection by aging bucket:
 

Balance as of
June 30,
2023

  

Subsequent
collection

  

% of
collection

AR aged less than 6 months

  

$

76,401,424

  

48,068,811

  

62.9

%

AR aged from 7 to 12 months

  

 

288,822

  

288,822

  

100.0

%

Accounts Receivable

  

$

76,690,246

  

48,357,633

  

63.1

%
 

Balance as of
June 30,
2022

  

Subsequent
collection

  

% of
collection

AR aged less than 6 months

  

$

74,233,261

  

$

74,233,261

  

100.0

%

AR aged from 7 to 12 months

  

 

1,886,038

  

 

1,886,038

  

100.0

%

Accounts Receivable

  

$

76,119,299

  

$

76,119,299

  

100.0

%
Schedule of Allowance for Doubtful Accounts Movement Allowance for doubtful accounts movement is as follows:
 

June 30,
2023

  

June 30,
2022

Beginning balance

  

$

99,003

 

  

$

133,059

 

Reversal

  

 

(99,003

)

  

 

(30,187

)

Foreign currency translation adjustments

  

 

—

 

  

 

(3,869

)

Ending balance

  

$

—

 

  

$

99,003