CONCENTRATION OF CREDIT RISK |
12 Months Ended |
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Jun. 30, 2025 | |
| Risks and Uncertainties [Abstract] | |
| CONCENTRATION OF CREDIT RISK | NOTE 11 – CONCENTRATION OF CREDIT RISK
As of June 30, 2025 and 2024, all accounts receivables were related to Hotel customers. The Hotel had two customers that accounted for approximately 88%, or $237,000 of accounts receivable at June 30, 2025, and two customers that accounted for 98%, or $307,000 of accounts receivable at June 30, 2024.
The Company maintains its cash and cash equivalents and restricted cash with various financial institutions that are monitored regularly for credit quality. At times, such cash and cash equivalents holdings may exceed the Federal Deposit Insurance Corporation (“FDIC”) or other federally insured limits. Any loss incurred from, or a lack of access to, such funds could have significant adverse impact on the Company’s financial condition, results of operations, and cash flows.
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