Note 7 — Contract assets The following table presents the Company’s contract assets balances and changes therein: | | | Three Months Ended
March 31 | | | Nine Months Ended
March 31 | | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | | | (Unaudited) | | | (Unaudited) | | | (Unaudited) | | | (Unaudited) | | | Balance as of the beginning of the period | | $ | 138,664 | | | $ | 1,603,267 | | | $ | 454,842 | | | $ | 1,682,289 | | | Add: net increase in current period contract asset | | | - | | | | 434,910 | | | | 41,724 | | | | 1,663,773 | | | Less: inventory received from beginning contract asset | | | (96,940 | ) | | | (374,404 | ) | | | (454,842 | ) | | | (1,682,289 | ) | | Total contract assets as the end of the period | | $ | 41,724 | | | $ | 1,663,773 | | | $ | 41,724 | | | $ | 1,663,773 | |
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