v3.25.3
Accounts Receivable, Net
 12 Months Ended
Jun. 30, 2025
Accounts Receivable, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

Note 4. ACCOUNTS RECEIVABLE, NET

 

The Company’s net accounts receivable are as follows:

 

   June 30,   June 30, 
   2025   2024 
Trade accounts receivable  $396,744   $3,554,156 
Less: allowances for expected credit losses   
-
    (3,286,991)
Accounts receivable, net  $396,744   $267,165 

 

Movement of allowance for expected credit losses is as follows:

 

   June 30,   June 30, 
   2025   2024 
Beginning balance  $3,286,991   $3,288,740 
Allowance for credit losses, net of recovery   
-
    17,667 
Write-off   (3,296,961)   (17,303)
Exchange rate effect   9,970    (2,113)
Ending balance   
-
   $3,286,991 

 

For the year ended June 30, 2024, allowance for credit losses and write-off was $17,667 and $17,303 respectively. For the year ended June 30, 2025, write-off was $3.3 million.