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Other Long-Term Assets – Deposits, Net
9 Months Ended
Mar. 31, 2025
Other Long-Term Assets – Deposits, Net [Abstract]  
OTHER LONG-TERM ASSETS – DEPOSITS, NET

Note 8. OTHER LONG-TERM ASSETS – DEPOSITS, NET

 

The Company’s other long-term assets – deposits are as follows:

 

   March 31,   June 30, 
   2025   2024 
Rental and utilities deposits  $57,260   $206,692 
Less: allowances for deposits   (8,147)   (8,142)
Other long-term assets- deposits, net  $49,113   $198,550 

 

Movements of allowance for deposits are as follows:

 

   March 31,   June 30, 
   2025   2024 
Beginning balance  $8,142   $8,157 
Allowance for   credit losses, net of recovery   
-
    50,000 
Less: Write-off   
-
    (50,000)
Exchange rate effect   5    (15)
Ending balance  $8,147   $8,142