v3.25.2
Lease (Tables)
 6 Months Ended
Dec. 31, 2024
Lease [Abstract]  
Schedule of Supplemental Balance Sheet Information Related to the Operating Lease

Supplemental balance sheet information related to the operating lease was as follows:

 

 

   As of
December 31,		   As of
June 30,		 
   2024   2024 
Right-of-use assets  $42,266,949   $35,273 
           
Lease payments accrued *   1,386,988    
-
 
           
Operating lease liabilities - current  $39,730   $45,269 
Operating lease liabilities - non-current   43,817,804    
-
 
Total operating lease liabilities  $43,857,534   $45,269 

 

*Lease payments accrued represent the amount of the discounted lease liability less than the non-current lease liability, which resulted from the significant discount of lease payment during the first year (around 90% of third or fourth year).
Weighted average remaining lease term (years)   18.90 
Weighted average discount rate   4.64%
Schedule of Future Minimum Rent Payable

As of December 31, 2024, the future minimum rent payable under the non-cancellable operating lease for fiscal years ending December 31 were:

 

2025  $617,105 
2026   1,835,386 
2027   3,339,410 
2028   3,447,867 
2029   3,447,867 
Thereafter   53,797,678 
Total lease payments   66,485,313 
Less: imputed interest   (24,014,767)
Add: lease payments accrued   1,386,988 
Present value of lease liabilities  $43,857,534