v3.26.1
Accounts Receivable, Net
 9 Months Ended
Mar. 31, 2026
Accounts Receivable, Net [Abstract]  
Accounts receivable, net

Note 5 — Accounts receivable, net

 

As of March 31, 2026 and June 30, 2025, accounts receivable consist of the following:

 

    March 31,
2026		     June 30,
2025		  
    (Unaudited)        
Accounts receivable   $ 5,960,799     $ 7,382,699  
Less: allowance for credit losses     (1,848,648 )     (595,907 )
Accounts receivable, net   $ 4,112,151     $ 6,786,792  

 

For the three months ended March 31, 2026 and 2025, the Company recognized $1,252,741 and $401,988 on net provision for allowance on credit losses for accounts receivable, respectively. For the nine months ended March 31, 2026 and 2025, the Company recognized $1,370,122 and $464,988 on net provision for allowance on credit losses for accounts receivable, respectively.

 

Movement of allowance for credit losses consisted of the following for the periods ended indicated:

 

    For the Three Months Ended
March 31,		  
    2026     2025  
    (Unaudited)     (Unaudited)  
Balance as of the beginning of the period   $ 478,526     $ 63,000  
Addition     1,556,534       401,988  
Recovery     (186,412 )     -  
Balance as of the end of the period   $ 1,848,648     $ 464,988  

 

    For the Nine Months Ended
March 31,		  
    2026     2025  
     (Unaudited)     (Unaudited)  
Balance as of the beginning of the period   $ 595,907     $ -  
Addition     1,597,648       464,988  
(Recovery)     (344,907 )     -  
Balance as of the end of the period   $ 1,848,648     $ 464,988