Note 7 – Prepayments Prepayments, current, consisted of the following:
| | |
June 30,
2022 | | |
June 30,
2021 | |
| Prepayment for online concert productions | |
$ | 8,000,000 | | |
$ | 1,648,000 | |
| Prepayment for live concert productions | |
| 5,000,000 | | |
| - | |
| Prepayment for advertisement | |
| 4,666,664 | | |
| - | |
| Prepayment for program license fees | |
| - | | |
| 2,615,527 | |
| Prepayment for rent | |
| - | | |
| 4,300 | |
| Prepayments and advances | |
$ | 17,666,664 | | |
$ | 4,267,827 | |
Prepayments, non-current, consisted of the following:
| | |
June 30,
2022 | | |
June 30,
2021 | |
| Prepayment for software development expenditure | |
$ | - | | |
$ | 52,000,000 | |
|