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Intangible assets, net | 6 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible assets, net | Note 10 – Intangible assets, net As of December 31, 2023 and June 30, 2023, intangible assets, net, consisted of the following:
Schedule of intangible assets, net |  |  |  |  |  |
|  | December 31, 2023 |  |  | June 30, 2023 |
Covenant not to compete |  | $ | 3,459,120 |  |  | $ | 3,459,120 |
Supplier relationships |  |  | 1,179,246 |  |  |  | 1,179,246 |
Software |  |  | 534,591 |  |  |  | 534,591 |
Accumulated amortization |  |  | (1,217,572 | ) |  |  | (892,886 | )
Total |  | $ | 3,955,385 |  |  | $ | 4,280,071 |
The intangible assets were acquired on February 15, 2022 through acquisition of Anivia. The weighted average remaining life for finite-lived intangible assets at December 31, 2023 was approximately 6.7 years. The amortization expense for the three and six months ended December 31, 2023 and 2022 was $162,343 and $324,686, respectively. The amortization expense for the three and six months ended December 31, 2022 was $162,343 and $324,686, respectively. At December 31, 2023, 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 amortization expense |  |  |
Year Ending June 30, |  | Amount |
2024 |  | $ | 324,686 |
2025 |  |  | 649,371 |
2026 |  |  | 649,371 |
2027 |  |  | 609,277 |
2028 |  |  | 468,750 |
Thereafter |  |  | 1,253,930 |
Intangible assets, net |  | $ | 3,955,385 |

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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 -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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