PROVISION FOR INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

SCHEDULE OF LOSS BEFORE PROVISION FOR INCOME TAXES

The components of loss before provision for income taxes for the years ended June 30, 2024 and 2023 were as follows:

	For the Years ended June 30,
	2024			2023
Loss subject to domestic income taxes	$	(4,195,185	)	$	(25,743,631	)
Loss subject to foreign income taxes		(2,199,110	)		(2,819,652	)
Total loss	$	(6,394,295	)	$	(28,563,283	)

SCHEDULE OF PROVISION FOR FOREIGN INCOME TAXES

The Company recorded provision for foreign income taxes for the years ended June 30, 2024 and 2023 consists of the following:

	For the Years ended June 30,
	2024			2023
Current	$	38,588		$	0
Deferred		(38,588	)		0
Total provision for income taxes	$	0		$	0

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION STATUTORY RATE

The reconciliation of taxes at the U.S. federal statutory rate to our provision for income taxes for the two years ended June 30, 2024 and 2023 were as follows:

	For the Years ended June 30,
	2024			2023
Statutory Federal income tax rate		(21.00	)%		(21.00	)%
State and Local taxes, net of Federal tax benefit		(10.15	)%		(10.15	)%
Stock based compensation expense (ISO)		3.46	%		3.21	%
Foreign tax rate differential		(4.00	)%		(4.00	)%
GAAP to Statutory		13.76	%		(0	)%
Change in valuation allowance		17.93	%		31.94	%
Income Taxes Provision		0.00	%		0.00	%

SCHEDULE OF COMPONENTS OF DEFERRED TAX ASSETS

The Company had deferred tax assets as of June 30, 2024 and 2023 as follows:

	As of			As of
	June 30, 2024			June 30, 2023
Net-operating loss carryforward	$	9,347,624		$	9,243,620
Goodwill and intangible asset impairment		2,949,790			2,399,309
Stock based compensation		306,274			368,831
Other		1,610,589			1,025,503
Total Deferred Tax Assets		14,214,277			13,037,263
Valuation allowance		(14,175,689	)		(13,037,263	)
Deferred Tax Asset, Net	$	38,588		$	-

SCHEDULE OF UNRECOGNIZED TAX BENEFITS

The following table summarizes the activity related to unrecognized tax benefits for the years ended June 30, 2024 and 2023:

	For the Years ended June 30,
	2024		2023
Unrecognized tax benefit -beginning of year	$	0	$	0
Gross increases – prior year tax positions		0		0
Gross decreases – prior year tax positions		0		0
Gross increases – current year tax positions		38,588		0
Gross decreases – current year tax positions		0		0
Statute lapse		0		0
Unrecognized tax benefit – end of year	$	38,588	$	0