XML 33 R17.htm IDEA: XBRL DOCUMENT v3.25.2

Prepayments and other current assets, net

12 Months Ended

Jun. 30, 2025

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepayments and other current assets, net

Note 7 – Prepayments and other current assets, net

As of June 30, 2025 and 2024, prepayments and other current assets consisted of the following:

Schedule of prepayments and other current assets
		June 30, 2025				June 30, 2024
Advance to suppliers		$	1,787,296			$	1,567,528
Prepaid income taxes			19,072				31,496
Prepaid expenses and other receivables			1,304,842				747,510
Less: Allowance for credit losses			–				–
Total		$	3,111,210			$	2,346,534

Other receivables consisted of delivery fees of $18,699 and $3,995 and receivables from unrelated parties for their use of the Company’s courier accounts at June 30, 2025 and 2024, respectively.

The changes in allowance for credit losses on other receivables are summarized below:

Schedule of changes in allowance for credit losses on other receivables
		Allowance for Credit Losses
Balance at June 30, 2023		$	249,128
Allowance reversed during the year ended June 30, 2024			(249,128	)
Balance at June 30, 2024			–
Allowance recorded during the year ended June 30, 2025			–
Balance at June 30, 2025		$	–

During the year ended June 30, 2024, the Company collected $249,128 of aged other receivables and recorded a reduction of bad debts expense as a reversal of the allowance of credit losses.

X

- References

No definition available.

+ Details

Name:	us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for other current assets.

+ References

No definition available.

+ Details

Name:	us-gaap_OtherCurrentAssetsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration