XML 22 R11.htm IDEA: XBRL DOCUMENT
v3.23.3

Intangible Assets | 3 Months Ended
--- | ---
Sep. 30, 2023
Intangible Assets [Abstract] |
INTANGIBLE ASSETS | NOTE 4 – INTANGIBLE ASSETS Intangible assets are summarized as follows:
|  | September 30, 2023 |  |  | June 30, 2023 |
Software registration or using right |  | $ | 1,636,801 |  |  | $ | 1,635,307 |
Patent |  |  | 14,620 |  |  |  | 14,527 |
Software and technology development costs |  |  | 11,684 |  |  |  | 631,250 |
Value-added telecommunications business license |  |  | 15,472 |  |  |  | 15,374 |
Subtotal |  |  | 1,678,577 |  |  |  | 2,299,458 |
Less: Accumulated amortization |  |  | 963,498 |  |  |  | 1,110,671 |
Total |  | $ | 715,079 |  |  | $ | 1,185,787 |
Software registration or using right represented the purchase cost of customized software with its source code from third party software developer. Software and technology development cost represented development costs incurred internally after the technological feasibility was established and a working model was produced and was recorded as intangible asset. Amortization for the three months ended September 30, 2023 and 2022 was $127,211 and $148,903, respectively. The amortization expense for the next five years as of September 30, 2023 will be $508,844, $206,235, $0, $0 and $0. The Company disposed $0.62 million intangible assets with related accumulated amortization of $0.28 million resulting from the disposal of Zhangxun (see Note 13).

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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