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Property and Equipment | 12 Months Ended
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Jun. 30, 2024
Property, Plant and Equipment [Abstract] |
Property and Equipment | 7. Property and Equipment The Company’s property and equipment at June 30, 2024 and 2023 consisted of the following: Schedule of Property and Equipment
|  | Estimated Useful Life |  | June 30, 2024 |  |  | June 30, 2023 |
Motor Vehicle |  | 5 years |  | $ | 51,741 |  |  | $ | 51,741 |
Property and equipment, gross |  |  |  |  | 51,741 |  |  |  | 51,741 |
Less accumulated depreciation |  |  |  |  | (24,608 | ) |  |  | (12,998 | )
Property and equipment, net |  |  |  | $ | 27,133 |  |  | $ | 38,743 |
For the years ended June 30, 2024 and 2023, the Company recorded $10,385 and $12,268, respectively, of depreciation expense. FITELL CORPORATION NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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