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Intangible Assets

9 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 4 – INTANGIBLE ASSETS

Intangible assets are summarized as follows:

		March 31, 2021				June 30, 2020
Software registration right		$	57,173			$	36,705
Patent			33,065				22,578
Software development (see Note 5)			1,000,000				-
Value-added telecommunications business license			15,974				14,827
Subtotal			1,106,212				74,110
Less: Accumulated amortization			65,182				53,416
Total		$	1,041,030			$	20,694

Amortization for the nine months ended March 31, 2021 and 2020 were $7,509 and $5,273, respectively. Amortization for the three months ended March 31, 2021 and 2020 were $5,292 and $3,546, respectively.

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- References

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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

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