v3.23.3
Property and Equipment, Net
 3 Months Ended
Sep. 30, 2023
Property and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 9. PROPERTY AND EQUIPMENT, NET

 

The Company’s net property and equipment as follows:

 

   September 30,   June 30, 
   2023   2023 
Motor vehicles  $542,904   $542,904 
Computer equipment   87,545    113,097 
Office equipment   67,610    67,699 
Furniture and fixtures   533,547    533,634 
System software   102,728    103,038 
Leasehold improvements   763,991    766,294 
Mining equipment   922,438    922,438 
           
Total   3,020,763    3,049,104 
           
Less: Impairment reserve   (1,223,981)   (1,233,521)
Less: Accumulated depreciation and amortization   (1,408,584)   (1,389,240)
Property and equipment, net  $388,198   $426,343 

 

Depreciation and amortization expenses for the three months ended September 30, 2023 and 2022 were $38,127 and $78,945, respectively. No impairment loss was recorded for the three months ended September 30, 2023 and 2022.