NOTE 6 — LEASES As of December 31, 2025 and June 30, 2025, the right-of-use assets totaled $189,264, and $255,389, respectively. As of December 31, 2025 and June 30, 2025, lease liabilities consist of the following: | | | As of
December 31,
2025 | | As of
June 30,
2025 | | | | (Unaudited) | | (Audited) | | Operating lease liabilities – current portion | | $ | 111,073 | | $ | 126,227 | | Operating lease liabilities – non-current portion | | | 102,875 | | | 147,587 | | Total | | $ | 213,948 | | $ | 273,814 | A summary of lease cost recognized in the Group’s consolidated statements of income and supplemental cash flow information related to operating leases is as follows | | | For the six months ended
December 31, | | | | 2025 | | 2024 | | | | (Unaudited) | | (Unaudited) | | Total operating lease expense | | $ | 132,231 | | $ | 130,229 | | ROU assets obtained in exchange for operating lease liabilities | | | — | | | 310,842 | | Interest on leases obligations | | | 6,843 | | | 5,446 | Other lease information is as follows: | | | As of
December 31,
2025 | | As of
June 30,
2025 | | Weighted-average remaining lease term – operating leases | | 1.7 years | | | 2.2 years | | | Weighted-average discount rate – operating leases | | 5.625 | % | | 5.625 | % | The following is a schedule of future minimum payments under operating leases as of December 31, 2025: | | | As of
December 31,
2025 | | | | (Unaudited) | | Period ending December 31, 2026 | | $ | 132,821 | | | Period ending December 31, 2027 | | | 91,909 | | | Total undiscounted lease obligations | | | 224,730 | | | Less: imputed interest | | | (10,782 | ) | | Lease liabilities recognized in the consolidated balance sheet | | $ | 213,948 | |
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