XML 52 R27.htm IDEA: XBRL DOCUMENT v3.25.3
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jun. 30, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Estimated Depreciation Useful Life Depreciation is provided in amounts sufficient to amortize the cost of the related assets over their useful lives using the straight-line method, as follows:
   Useful life
Office and electronic equipment  3 years
Schedule of Revenues by Revenue Streams

For the years ended June 30, 2025, 2024 and 2023, the disaggregated revenues by revenue streams were as follows:

 

   For the years ended June 30, 
   2025   2024   2023 
Time charter revenue  $19,306,369   $19,613,798   $27,042,943 
Vessel management services revenue   5,829,312    5,913,138    5,402,614 
Total  $25,135,681   $25,526,936   $32,445,557 
Schedule of Revenues by Customer Location

For the years ended June 30, 2025, 2024 and 2023, the disaggregated revenues by customer location were as follows:

 

   For the years ended June 30, 
   2025   2024   2023 
Singapore  $19,306,369   $12,281,701   $18,020,107 
Hong Kong S.A.R.   4,068,128    4,088,106    4,262,950 
BVI   
    4,755,737    6,243,123 
Other countries   1,761,184    4,401,392    3,919,377 
Total  $25,135,681   $25,526,936   $32,445,557