v3.26.1
Prepayments and Other Assets - Schedule of Prepayments and Other Current and Non-current Assets (Details) - USD ($)
Dec. 31, 2025
Jun. 30, 2025
Jun. 30, 2024
Apr. 08, 2023
Schedule of Prepayments and Other Current and Non-current Assets [Abstract]        
Advance to crew $ 215,431 $ 172,133 $ 267,165  
Advance to employee 28,780 57,408 211,375  
Rental deposit 100,000 [1] 500,000 [1],[2] [2]  
Prepaid consulting service fee [3] 7,479,825    
Other 76,743 58,810 76,530  
Total 7,900,779 788,351 555,070  
Loan security deposit 475,000 [3],[4] 475,000 [3],[4] 475,000 [5] $ 475,000
Prepaid research and development expenses 100,000    
Prepaid consulting service fee [3] 960,959    
Total $ 1,535,959 $ 475,000 $ 975,000  
[1] Rental deposit represents a deposit of $100,000 paid to the lessor of Top Advancer (see Note 8). During the six months ended December 31, 2025, the Company received $400,000 of this deposit, and the remaining balance is expected to be received in March 2026.
[2] Rental deposit represents a deposit of $500,000 paid to the lessor of Top Advancer (see Note 8), which is expected to be received in December 2025 upon the lease’s expiration.
[3] This represents prepaid consulting service fees of $8,440,784 paid to third-party service providers for consulting. These services are expected to be rendered over a contractual period of two years. The Company amortizes the prepaid consulting service fees on a straight-line basis over the service period. As of December 31, 2025, $7,479,825 and $960,959 are classified as current and non-current, respectively, based on the expected timing of service delivery.
[4] This is long-term loan security deposit of $475,000, which is expected to be collected at the end of long-term loan agreement (see Note 9).
[5] This is long-term loan security deposit of $475,000, which is expected to be collected at the end of long-term loan agreement (see Note 9).