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Intangible Assets, Net | 9 Months Ended
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Mar. 31, 2024
Intangible Assets, Net [Abstract] |
Intangible assets, net | Note 8 – Intangible assets, net Intangible assets, net consisted of the following:
|  | As of March 31, |  |  | As of June 30, |
|  | 2024 |  |  | 2023 |
|  | (Unaudited) |  |  | (Audited) |
Internal use software development |  | $ | 2,752,942 |  |  | $ | - |
Less: accumulated amortization |  |  | (331,422 | ) |  |  | - |
Total intangible assets, net |  | $ | 2,421,520 |  |  | $ | - |
Amortization expense for three and nine months ended of March 31, 2024 was amounted to $199,748 and $331,582, respectively. Amortization expense for three and nine months ended of March 31, 2023 was amounted to $0. The following table sets forth the Company’s amortization expense for the next five years ending:
|  | Amortization |
|  | expenses |
Twelve months ending March 31, 2025 |  | $ | 727,254 |
Twelve months ending March 31, 2026 |  |  | 428,016 |
Twelve months ending March 31, 2027 |  |  | 428,016 |
Twelve months ending March 31, 2028 |  |  | 428,016 |
Twelve months ending March 31, 2029 |  |  | 410,218 |
Total |  | $ | 2,421,520 |

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