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Lease right-of-use assets and lease liabilities (Tables) | 12 Months Ended
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Jun. 30, 2024
Lease Right-of-use Assets And Lease Liabilities |
Schedule of Operating Right of use Assets and Operating Lease Liabilities | Operating right-of- use assets are summarized below: Schedule of Operating Right of use Assets and Operating Lease Liabilities
|  | June 30, 2024 |  |  | June 30, 2023 |
Office lease |  | $ | 836,697 |  |  | $ | 1,541,390 |
Less accumulated amortization |  |  | (278,899 | ) |  |  | (935,596 | )
Right-of-use, net |  | $ | 557,798 |  |  | $ | 605,794 |
Operating lease liabilities are summarized below:
|  | June 30, 2024 |  |  | June 30, 2023 |
Operating lease liabilities |  |  |  |  |  |  |  |
Office lease |  | $ | 580,353 |  |  | $ | 685,077 |
Less: current portion |  |  | 278,432 |  |  |  | 212,062 |
Long term portion |  | $ | 301,921 |  |  | $ | 473,015 |
Schedule of Maturity of Operating Lease Liabilities | Schedule of Maturity of Operating Lease Liabilities
|  | June 30, 2024 |
Year ending June 30, 2025 |  | $ | 301,127 |
Year ending June 30, 2026 |  |  | 310,160 |
Total future minimum lease payments |  |  | 611,287 |
Less imputed interest |  |  | (30,934 | )
PV of Payments |  | $ | 580,353 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
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