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LEASES (Tables)

3 Months Ended

Sep. 30, 2024

Leases [Abstract]

SCHEDULE OF OPERATING LEASE RELATED ASSETS AND LIABILITIES

The table below presents the operating lease related assets and liabilities recorded on the balance sheets.

SCHEDULE OF OPERATING LEASE RELATED ASSETS AND LIABILITIES 

		September 30, 2024				June 30, 2024
ROU lease assets		$	161,693			$	146,035
Operating lease liabilities – current			301,980				272,787
Operating lease liabilities – non-current			25,182				-
Total operating lease liabilities		$	327,162			$	272,787

SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERMS AND DISCOUNT RATES FOR OPERATING LEASES

The weighted average remaining lease terms and discount rates for all of operating leases were as follows as of September 30, 2024 and June 30, 2024:

SCHEDULE OF WEIGHTED AVERAGE REMAINING LEASE TERMS AND DISCOUNT RATES FOR OPERATING LEASES 

		September 30, 2024				June 30, 2024
Remaining lease term and discount rate:
Weighted average remaining lease term (years)			1.11				1.00
Weighted average discount rate			4.33	%			4.38	%

SCHEDULE OF COMPONENTS OF LEASE EXPENSES

The components of lease expenses for continuing operations were as follows:

SCHEDULE OF COMPONENTS OF LEASE EXPENSES 

		For the three months ended September 30,
		2024				2023
Lease cost
Amortization of right-of-use assets		$	38,174			$	15,275
Interest of operating lease liabilities			1,286				2,275
Total lease cost		$	39,460			$	17,550

SCHEDULE OF MATURITIES OF LEASE LIABILITIES

The following is a schedule, by years, of maturities of lease liabilities as of September 30, 2024:

SCHEDULE OF MATURITIES OF LEASE LIABILITIES 

Remainder of 2025		$	298,650
2026			25,660
2027			6,415
Total lease payments			330,725
Less: imputed interest			(3,563	)
Present value of lease liabilities		$	327,162

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Schedule of Weighted Average Remaining Lease Terms and Discount Rate of Operating Lease [Table Text Block]

+ References

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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

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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

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Tabular disclosure of lessor's underlying asset for which right to use has been conveyed to lessee under operating lease.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 840
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481501/840-20-50-4

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479773/842-30-50-13

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 360
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

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