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Intangible Assets | 12 Months Ended
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Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | NOTE 4 – intangible assets Intangible assets are summarized as follows:
|  | June 30, 2019 |  |  | June 30, 2018 |
Software registration right |  | $ | 37,843 |  |  | $ | 4,929 |
Patent |  |  | 15,286 |  |  |  | 1,203 |
Value-added telecommunications business license |  |  | 11,678 |  |  |  | 12,049 |
Technology development |  |  | 500,000 |  |  |  | - |
Subtotal |  |  | 564,807 |  |  |  | 18,181 |
Less: Accumulated amortization |  |  | 8,996 |  |  |  | 4,294 |
Total |  | $ | 555,811 |  |  | $ | 13,887 |
Amortization expense for the years ended June 30, 2019 and 2018 were $4,864 and $1,687, respectively. On May 28, 2019, the Company entered into an agreement with SDT Trade Co., Ltd.(“SDT”). SDT will assist the Company on intelligent monitoring, smart bayonet, intelligent border warning, intelligent power, intelligent detection and other technical development work. Pursuant to the agreement, SDT will complete the development work in twelve months and maintain the system for thirty-six months. The total amount to be paid under the agreement is $1,200,000. As of June 30, 2019, the Company paid SDT $500,000 recorded as intangible assets. As of the date of the report, the Company paid SDT an additional $500,000, however, the technology development has not commenced yet since the Company has not decided the details of technology development.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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