v3.25.3
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jun. 30, 2025
Summary of Significant Accounting Policies [Abstract]  
Schedule of Aging Analysis of Accounts Receivable and Allowance for Credit Losses

The following table presents the aging analysis of accounts receivable and allowance for credit losses as of June 30, 2025 and 2024.

 

   Accounts         
   receivable         
   balance as of          
   June 30,          
   2025       Allowance for 
Aging group  (USD)   CECL Rate   credit losses 
<1 year  $396,744    0%   
        -
 
1-2 years   
-
    5%   
-
 
2-3 years   
-
    5%   
-
 
>3 years   
-
    5%   
-
 
Total  $396,744         
-
 

 

Aging group 

Account
receivable balance as of
June 30,
2024

(USD)

   CECL Rate   Allowance for
credit losses
(USD)
 
<1 year   260,265    0.00%   
-
 
1-2 years   7,263    5.00%   363 
2-3 years   
-
    5.00%   
-
 
>3 years   
-
    5.00%   
-
 
Total   267,529         363 
Schedule of Estimated Useful Lives Depreciation is calculated on a straight-line basis over the following estimated useful lives:
Buildings   20 years
Motor vehicles   3–10 years
Computer and office equipment   1–5 years
Furniture and fixtures   3–5 years
System software   5 years
Leasehold improvements   Shorter of lease term or
useful lives
Mining equipment   3 years
Schedule of Disaggregated Revenue Streams

The Company’s disaggregated revenue streams are described as follows:

 

   For the Years Ended 
   June 30,   June 30, 
   2025   2024 
Freight logistic services  $1,813,193   $3,136,681 
Schedule of Revenues by Geographic Locations

Disaggregated information of revenues by geographic locations is as follows:

 

   For the Years Ended 
   June 30,   June 30, 
   2025   2024 
PRC  $1,813,193   $2,686,303 
U.S.   
-
    450,378 
Total revenue  $1,813,193   $3,136,681