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INTANGIBLE ASSETS, NET

3 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS, NET

NOTE 7. INTANGIBLE ASSETS, NET

Intangible assets, net consist of the following as of September 30, 2025:

 SCHEDULE OF OTHER INTANGIBLE ASSETS

		Weighted average useful lives (years)		Remaining weighted average useful lives (years)		Acquisition cost				Effect of foreign currency				Accumulated amortization				Carrying value
Technology		7 years		4 years		$	5,119,000			$	955,136			$	2,709,999			$	3,364,137
Customer relationships		3 years		-			252,000				47,020				299,020				-
Trade names and trademarks		Indefinite		Indefinite			92,000				17,166				-				109,166
Total intangible assets						$	5,463,000			$	1,019,322			$	3,009,019			$	3,473,303

Intangible assets, net consist of the following as of June 30, 2025:

		Weighted average useful lives (years)		Remaining weighted average useful lives (years)		Acquisition cost				Effect of foreign currency				Accumulated amortization				Carrying value
Technology		7 years		4.25 years		$	5,119,000			$	1,089,182			$	2,554,906			$	3,653,276
Customer relationships		3 years		0.25 years			252,000				53,619				280,151				25,468
Trade names and trademarks		Indefinite		Indefinite			92,000				19,575				-				111,575
Total intangible assets						$	5,463,000			$	1,162,376			$	2,835,057			$	3,790,319

The cumulative balance of the accumulated amortization as of September 30, 2025 and June 30,2025, was $3,009,019 and $2,835,057, respectively.

Expense related to the amortization of intangible assets charged to the unaudited condensed consolidated statements of operations and other comprehensive income (loss) for the three months ended September 30, 2025 and 2024 was $242,369 and $235,464, respectively.

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

 SCHEDULE OF EXPECTED AMORTIZATION EXPENSES FOR INTANGIBLE ASSETS

Fiscal Year		Amount
Remainder of 2026		$	630,776
2027			841,034
2028			841,034
2029			841,034
2030			210,259
Total		$	3,364,137

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- References

No definition available.

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- Definition

The entire disclosure for goodwill and intangible assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 30
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-30/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 350
-SubTopic 20
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/350-20/tableOfContent

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