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Other Receivables
 12 Months Ended
Jun. 30, 2024
Other Receivables [Abstract]  
Other receivables

Note 10. Other receivables

  

As of
June 30,
2024

  

As of
June 30,
2023

Receivables with shareholders(i)

  

 

10,149,079

  

 

8,763,027

Total Other receivables – Non-current

  

$

10,149,079

  

$

8,763,027

____________

(i)      Moolec Science Limited issued an aggregate number of Moolec Science Limited ordinary shares equal to 2,354,069 (or 1,500,000 of Moolec Science SA shares after the transaction) to current individual shareholders of Bioceres S.A., and Bioceres Group PLC, (“New shareholders”) Moolec Science and the new shareholders entered into a subscription agreement (the “shareholders’ subscription agreement”) prior to the transaction pursuant to which Moolec Science Limited agreed to issue 2,354,069 of Moolec Science Limited ordinary shares. The subscription agreement was dated December 22, 2022. The new shareholders agreed to pay an aggregate purchase price of $15,000,000 within 5 years from the date of such subscription agreement. Such shareholders’ subscription agreement accrues an internal rate of return of 13.20%.

  

As of
June 30,
2024

  

As of
June 30,
2023

Taxes

  

$

622,614

  

$

952,953

Others

  

 

387,925

  

 

377,224

Total Other receivables – Current

  

$

1,010,539

  

$

1,330,177

The book value is reasonably approximate to the fair value given its short-term nature.