v3.25.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
 12 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF COMPOSITION OF GOODWILL

The composition of goodwill as of June 30, 2025 and 2024 is as follows:

 

   As of June 30, 2025 
   XRT   BLI   Total 
Goodwill  $300,000   $10,557,600   $10,857,600 

 

   XRT   PulpoAR   BLI   Total 
   As of and for the Year ended June 30, 2024 
   XRT   PulpoAR   BLI   Total 
Goodwill - beginning of year  $300,000   $379,038   $10,557,600   $11,236,638 
Impairments   -    (379,038)   -    (379,038)
Goodwill - end of year  $300,000   $-   $10,557,600   $10,857,600 
SCHEDULE OF INTANGIBLE ASSETS, AMORTIZATION PERIOD AND ACCUMULATED AMORTIZATION

The composition of Intangible assets, their respective amortization period, and accumulated amortization as of June 30, 2025 and 2024 are as follows:

   

   XR Terra   BLI   Glimpse Learning   Total     
   As of June 30, 2025 
   Value ($)   Amortization Period (Years) 
   XR Terra   BLI   Glimpse Learning   Total     
Intangible Assets                         
Technology   300,000    880,000    326,435    1,506,435    3 
Less: Accumulated Amortization   (300,000)   (855,542)   (290,176)   (1,445,718)     
Intangible Assets, net  $-   $24,458   $36,259   $60,717      

 

   XR Terra   Pulpo   BLI   Glimpse Learning   Total     
   As of and for the Year ended June 30, 2024 
   Value ($)   Amortization Period (Years) 
   XR Terra   Pulpo   BLI   Glimpse Learning   Total     
Intangible Assets                              
Customer Relationships - beginning of year  $-   $-   $3,310,000   $-   $3,310,000    5 
Customer Relationships - impairment   -     -     (3,310,000)   -     (3,310,000)     
Customer Relationships - end of year   -    -    -    -    -      
Technology - beginning of year   300,000    925,000    880,000    326,435    2,431,435    3 
Technology impairment   -    (925,000)   -    -    (925,000)     
Technology - end of year   300,000    -    880,000    326,435    1,506,435      
Less: Accumulated Amortization   (274,995)   -    (562,214)   (181,359)   (1,018,568)     
Intangible Assets, net  $25,005   $-   $317,786   $145,076   $487,867      
SCHEDULE OF INTANGIBLE ASSET AMORTIZATION EXPENSE

Estimated intangible asset amortization expense as of June 30, 2025 for the remaining lives are as follows:

 

Years Ended June 30,    
2026  $60,717