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Intangible assets, net | 3 Months Ended
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Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible assets, net | Note 10 – Intangible assets, net As of September 30, 2022, intangible assets, net, consisted of the following:
Schedule of intangible assets |  |  |
|  | September 30, 2022 |
Covenant Not to Compete |  | $ | 3,459,120 |
Supplier relationships |  |  | 1,179,246 |
Software |  |  | 534,591 |
Accumulated amortization |  |  | (405,858 | )
Total |  | $ | 4,767,099 |
The intangible assets were acquired on February 15, 2022 through the acquisition of Anivia. The weighted average remaining life for finite-lived intangible assets at September 30, 2022 was approximately 8.07 years, and the amortization expense for the three months ended September 30, 2022 was $162,343. At September 30, 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 thereafter is as follows:
Schedule of future amortization |  |  |
Year Ending June 30, |  | Amount |
2023 |  | $ | 487,028 |
2024 |  |  | 649,371 |
2025 |  |  | 649,371 |
2026 |  |  | 649,371 |
2027 |  |  | 649,371 |
Thereafter |  |  | 1,682,587 |
Intangible assets, net |  | $ | 4,767,099 |

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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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