| SCHEDULE OF PROPERTY AND EQUIPMENT |
Property and equipment consisted of the following:
SCHEDULE OF PROPERTY AND EQUIPMENT
| | |
As of | | |
As of | |
| | |
March 31, 2026 | | |
June 30, 2025 | |
| | |
| | |
| |
| Office Furniture and Equipment | |
$ | 2,796,062 | | |
$ | 2,437,002 | |
| Computer Equipment | |
| 9,663,469 | | |
| 9,513,181 | |
| Assets Under Capital Leases | |
| 140,213 | | |
| 145,197 | |
| Building | |
| 3,590,931 | | |
| 3,532,475 | |
| Land | |
| 910,300 | | |
| 894,698 | |
| Autos | |
| 2,088,849 | | |
| 1,603,271 | |
| Improvements | |
| 266,418 | | |
| 217,230 | |
| Subtotal | |
| 19,456,242 | | |
| 18,343,054 | |
| Property and Equipment, Gross | |
| 19,456,242 | | |
| 18,343,054 | |
| Accumulated Depreciation | |
| (13,897,833 | ) | |
| (13,269,682 | ) |
| Property and Equipment, Net | |
$ | 5,558,409 | | |
$ | 5,073,372 | |
|
| SCHEDULE OF FIXED ASSETS HELD UNDER FINANCE LEASES |
Following is a summary of fixed assets held under finance
leases as of March 31, 2026 and June 30, 2025:
SCHEDULE OF FIXED ASSETS HELD UNDER FINANCE LEASES
| | |
As of | | |
As of | |
| | |
March 31, 2026 | | |
June 30, 2025 | |
| Vehicles | |
$ | 140,213 | | |
$ | 145,197 | |
| Total | |
| 140,213 | | |
| 145,197 | |
| Less: Accumulated Depreciation - Net | |
| (71,478 | ) | |
| (47,807 | ) |
| Fixed assets held under
finance leases, Total | |
$ | 68,735 | | |
$ | 97,390 | |
|
| SCHEDULE OF FINANCE LEASE TERM AND DISCOUNT RATE |
Finance lease term and discount rate were as follows:
SCHEDULE
OF FINANCE LEASE TERM AND DISCOUNT RATE
| | |
As of | | |
As of | |
| | |
March 31, 2026 | | |
June 30, 2025 | |
| | |
| | | |
| | |
| Weighted average remaining lease term - Finance leases | |
| 1
Years | | |
| 1.75
Years | |
| | |
| | | |
| | |
| Weighted average discount rate - Finance leases | |
| 11.3 | % | |
| 11.3 | % |
|