XML 38 R11.htm IDEA: XBRL DOCUMENT v3.25.3
Accounts Receivable
 12 Months Ended
Jun. 30, 2025
Accounts Receivable [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 3 — ACCOUNTS RECEIVABLE

 

Accounts receivable consists of the following:

 

   June 30,
2025		   June 30,
2024		 
Accounts receivable  $27,218,260   $28,297,491 
Total Accounts receivable  $27,218,260   $28,297,491 

 

The Company’s accounts receivable (“AR”) primarily includes balance due from customers when the Company’s products are sold and delivered to customers.

 

All of the June 30, 2024 accounts receivable balance has been collected. The following table summarizes the Company’s outstanding accounts receivable and subsequent collection by aging bucket:

 

   Balance as of
June 30,
2025		   Subsequent
collection		   % of
collection		 
AR aged less than 6 months  $27,218,260    24,770,166    91.0%
Total Accounts Receivable  $27,218,260    24,770,166    91.0%

 

   Balance as of
June 30,
2024		   Subsequent
collection		   % of
collection		 
AR aged less than 6 months  $28,297,491   $28,297,491    100.0%
Accounts Receivable  $28,297,491   $28,297,491    100.0%