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Commitments and Contingencies
 6 Months Ended
Dec. 31, 2025
Commitments and Contingencies [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 20 — COMMITMENTS AND CONTINGENCIES

 

Contractual Commitments

 

As of December 31, 2025, the Company’s contractual obligations consist of the following:

 

Contractual Obligations  Total   Less than
1 year		   1 – 3
years		   3 – 5
years		   More than
5 years		 
Operating lease obligations  $2,923,751   $1,446,467    1,191,374    285,910    
—
 
Finance lease obligations   109,026    47,667    43,312    18,047    
—
 
Vehicle loans   145,413    51,613    67,802    25,998    
—
 
Equipment loans   16,882    15,434    1,448    
—
    
—
 
Other loans   2,497,286    2,469,950    27,336    
—
    
—
 
Convertible debts   105,000    105,000    
—
    
—
    
—
 
Loan payable to a related party   124,176    
—
    124,176    
—
    
—
 
Total  $5,921,534   $4,136,131    1,455,448    329,955    
—
 

 

Contingencies

 

The Company may be involved in certain legal proceedings, claims and disputes arising from the commercial operations, which, in general, are subject to uncertainties and in which the outcomes are not predictable. The Company determines whether an estimated loss from a contingency should be accrued by assessing whether a loss is deemed probable and can be reasonably estimated. Although the Company can give no assurances about the resolution of pending claims, litigation or other disputes and the effect such outcomes may have on the Company, the Company believes that any ultimate liability resulting from the outcome of such proceedings, to the extent not otherwise provided or covered by insurance, will not have a material adverse effect on the Company’s unaudited consolidated financial position or results of operations or liquidity as of December 31, 2025.