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PREPAID EXPENSES AND OTHER CURRENT ASSETS
 9 Months Ended
Mar. 31, 2025
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
PREPAID EXPENSES AND OTHER CURRENT ASSETS

Note 5 — PREPAID EXPENSES AND OTHER CURRENT ASSETS

 

Prepaid expenses and other current assets consisted of the following:

 

SCHEDULE OF PREPAID EXPENSES AND OTHER CURRENT ASSETS

       
   As of 
  

March 31,

2025

  

June 30

2024

 
Prepaid expenses  $-   $6,677 
Rental and other deposits   142,867    139,038 
Accounts receivable collected by other third parties   2,433,181    1,885,077 
Others   127,612    10,320 
Total prepaid expenses and other current assets  $2,703,660   $2,041,112 

 

The Company assessed the collectability of prepaid expenses and other current assets, and the Company did not provide any allowance for credit losses. As of the date of these financial statements, approximately 20.7% of the balance of accounts receivable collected by other third parties as of March 31, 2025 had been collected. As of the date of these financial statements, all the accounts receivable collected by other third parties outstanding as of June 30, 2024 had been collected.