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Intangible Assets, Net
9 Months Ended
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