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Income Taxes (Tables)

9 Months Ended

Mar. 31, 2025

Income Taxes [Abstract]

Schedule of United States and Foreign Components of Income (Loss) Before Income Taxes

The United States and foreign components of income (loss) before income taxes were comprised of the following:

		For the three months ended								For the nine months ended
		March 31,								March 31,
		2025				2024				2025				2024
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Tax jurisdictions from:
- Local – United States		$	1,368,933			$	(1,291,148	)		$	362,733			$	(3,748,688	)
- Foreign – Malaysia			(108,968	)			(422,167	)			(264,976	)			(1,275,001	)
Income (loss) before income tax		$	1,259,965			$	(1,713,315	)		$	97,757			$	(5,023,689	)

Schedule of Aggregate Deferred Tax Assets

The following table sets forth the significant components of the aggregate deferred tax assets of the Company as of:

		As of March 31, 2025				As of June 30, 2024
		(Unaudited)
Deferred tax assets:
Net operating loss carry forwards in U.S.		$	2,013,948			$	1,751,481
Net operating loss carry forwards in Malaysia			5,351,754				5,288,159
Allowance for credit losses			75,131				51,157
Unrealized holding loss on marketable securities			209,486				173,957
Change in fair value of derivative liabilities			(374,169	)			-
Amortization of debt discount			156,403				156,403
Less: valuation allowance*			(7,432,553	)			(7,421,157	)
Deferred tax assets		$	-			$	-

* Change in valuation allowance was amounted to $69,954 and $1,665,893 for the nine months ended March 31, 2025 and 2024, respectively.

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- References

No definition available.

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- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-2

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