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LEASES (Tables)
12 Months Ended
Jun. 30, 2024
Leases  
SCHEDULE OF OPERATING AND FINANCE LEASE AGREEMENT

 

  

As of

June 30, 2024

  

As of

June 30, 2023

 
         
Operating lease Right-of-use assets  $-   $42,546 
Finance leases Right-of-use assets   73,461    - 
Total Right-of-use assets  $73,461   $42,546 
           
Operating Lease liabilities – current  $-   $44,167 
Operating Lease liabilities – non-current   -    - 
Finance Lease liabilities – current   18,866    - 
Finance Lease liabilities – non-current   41,686    - 
Total Lease liabilities  $60,552   $44,167 
SCHEDULE OF SUPPLEMENTAL CASH FLOW AND OTHER INFORMATION RELATED TO LEASES

The components of lease expense and supplemental cash flow information related to leases for the years ended June 30, 2024 and 2023 are as follows:

  

Other information for the year ended  June 30, 2024   June 30, 2023 
         
Cash paid for amounts included in the measurement of lease liabilities          
Cash payments for operating lease  $44,518   $109,144 
Cash payments for finance lease   19,364    - 
Weighted average remaining lease term (in years)          
Operating leases   0.17    2.75 
Finance leases   3.27    - 
Weighted average discount rate          
Operating leases   7.31%   7.31%
Finance leases   8.77%   - 
SCHEDULE OF FUTURE MINIMUM PAYMENTS

 

   Operating lease   Finance lease 
         
Year ending          
2024  $-   $22,028 
2025   -    22,028 
2026   -    10,939 
Thereafter   -    11,587 
Total lease payment   -    66,582 
Less: Imputed interest   -    (6,030)
Total lease liabilities  $-    60,552 
Current   -    (18,866)
Long term  $-   $41,686