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INTANGIBLE ASSETS, NET (Tables)
 9 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS

Intangible assets, net consist of the following as of March 31, 2025:

 

  

Weighted average useful lives (years)

   Acquisition cost   Effect of foreign currency   Accumulated amortization   Carrying value 
Technology   7 years   $5,119,000   $739,941   $2,208,370   $3,650,571 
Customer relationships   3 years    252,000    36,426    240,355    48,071 
Trade names and trademarks   Indefinite    92,000    13,298    -    105,298 
Total intangible assets       $5,463,000   $789,665   $2,448,725   $3,803,940 

 

Intangible assets, net consist of the following as of June 30, 2024:

 

   Weighted average useful lives (years)    Acquisition cost   Effect of foreign currency   Accumulated amortization   Carrying value 
Technology   7 years   $5,119,000   $593,026   $1,559,822   $4,152,204 
Customer relationships   3 years    252,000    29,194    164,030    117,164 
Trade names and trademarks   Indefinite    92,000    10,658    -    102,658 
Total intangible assets       $5,463,000   $632,878   $1,723,852   $4,372,026 
SCHEDULE OF EXPECTED AMORTIZATION EXPENSES FOR INTANGIBLE ASSETS

Amortization expense for the intangible assets is expected to be as follows over the next five years, and thereafter:

 

Fiscal year  Amount 
Remainder of 2025  $226,844 
2026   835,274 
2027   811,238 
2028   811,238 
2029   811,238 
Thereafter   202,810 
Total  $3,698,642