| SCHEDULE OF ACCOUNTS PAYABLE AND OTHER LIABILITIES |
The
following summarizes the components of accounts payable and other liabilities as of March 31, 2026 and June 30, 2025:
SCHEDULE OF ACCOUNTS PAYABLE AND OTHER LIABILITIES
| As of | |
March 31, 2026 | | |
June 30, 2025 | |
| | |
| | |
| |
| Trade payable | |
$ | 2,032,000 | | |
$ | 2,742,000 | |
| Advance deposits | |
| 826,000 | | |
| 743,000 | |
| Property tax payable | |
| 371,000 | | |
| 563,000 | |
| Payroll and related accruals | |
| 3,465,000 | | |
| 3,038,000 | |
| Mortgage interest payable | |
| 5,695,000 | | |
| 3,568,000 | |
| Withholding and other taxes payable | |
| 1,136,000 | | |
| 1,597,000 | |
| Security deposit | |
| 1,036,000 | | |
| 1,024,000 | |
| Franchise fees | |
| 410,000 | | |
| 1,649,000 | |
| Management fees payable | |
| 250,000 | | |
| 604,000 | |
| Other | |
| 472,000 | | |
| 436,000 | |
| Total accounts payable and other liabilities | |
$ | 15,693,000 | | |
$ | 15,964,000 | |
|