v3.26.1
Accounts Receivable, Net
 6 Months Ended
Dec. 31, 2025
Accounts Receivable, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

5. ACCOUNTS RECEIVABLE, NET 

 

As of December 31, 2025 and June 30, 2025, accounts receivable consisted of the following:

 

   As of
December 31,		   As of
June 30,		 
   2025   2025 
Accounts receivable        
- third parties  $33,381,381   $56,661,924 
- related parties   
-
    214,557 
Less: allowance for credit losses          
- third parties   (9,852,865)   (20,917,657)
- related parties   
-
    (44,503)
Accounts receivable, net  $23,528,516   $35,914,321 

 

The Company (reversed) a recorded credit loss of ($8,169,151) and ($2,016,645) for the six months ended December 31, 2025 and 2024, respectively.