v3.25.4
Property and Equipment
 6 Months Ended
Dec. 31, 2025
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4. PROPERTY AND EQUIPMENT

 

As of December 31, 2025 and June 30, 2025, property and equipment, at cost, consisted of:

 

   December 31,   June 30, 
   2025   2025 
Office equipment and furniture  $473,735   $452,187 
Leasehold improvements   45,886    70,404 
Total   519,621    522,591 
Accumulated depreciation   257,771    242,588 
Total property and equipment, net  $261,850   $280,003 

 

The Company recorded depreciation expense of $27,238 for the three months ended December 31, 2025, of which $24,909 was recorded as operating expense and $2,329 was recorded as cost of revenue. The Company recorded depreciation expense of $54,660 for the six months ended December 31, 2025, of which $49,887 was recorded as operating expense and $4,773 was recorded as cost of revenue.

 

The Company recorded depreciation expense of $52,544 for the three months ended December 31, 2024, of which $50,252 was recorded as operating expense and $2,292 was recorded as cost of revenue. The Company recorded depreciation expense of $82,542 for the six months ended December 31, 2024, of which $77,876 was recorded as operating expense and $4,666 was recorded as cost of revenue.

 

The Company disposed of fully depreciated assets with a total value of $14,295 for the quarter ended December 31, 2025.