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Intangible assets, net | 9 Months Ended
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Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible assets, net | Note 10 – Intangible assets, net As of March 31, 2022, intangible assets, net, consisted of the following:
Schedule of intangible assets |  |  |  |
|  | March 31, 2022 |
Covenant Not to Compete |  |  | 3,459,120 |
Supplier relationship |  |  | 1,179,245 |
Software |  |  | 534,591 |
Accumulated amortization |  |  | (81,171 | )
Total |  |  | 5,091,785 |
The intangible assets were acquired on February 15, 2022 through acquisition of Anivia. The weighted average remaining life for finite-lived intangible assets at March 31, 2022 was approximately 8.57 years, and the amortization expense for the three and nine months ended March 31, 2022 was $81,171. At March 31, 2022, finite-lived intangible assets are expected to be amortized over their estimated useful lives, which ranges from a period of five to 10 years, and the estimated remaining amortization expense for each of the five succeeding years and periods thereafter is as follows:
Schedule of future amortization |  |  |  |  |
Year Ending June 30, | Amount
2022 | $ | 162,343 |
2023 | 649,371 |
2024 | 649,371 |
2025 | 649,371 |
2026 | 649,371 |
Thereafter | 2,331,958 |
| $ | 5,091,785 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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