INTANGIBLE ASSETS, NET

12 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

INTANGIBLE ASSETS, NET

NOTE 9. INTANGIBLE ASSETS, NET

Intangible assets, net consist of the following as of June 30, 2026:

SCHEDULE OF OTHER INTANGIBLE ASSETS

		Weighted average useful lives (years)		Remaining weighted average useful lives (years)		Acquisition cost				Effect of foreign currency				Accumulated amortization				Carrying value
Technology		7 years		3.25 years		$	5,119,000			$	814,911			$	3,242,250			$	2,691,661
Customer relationships		3 years		-			252,000				42,458				294,458				-
Trade names and trademarks		Indefinite		Indefinite			92,000				15,500				-				107,500
Total intangible assets						$	5,463,000			$	872,869			$	3,536,708			$	2,799,161

Intangible assets, net consist of the following as of June 30, 2025:

		Weighted average useful lives (years)		Remaining weighted average useful lives (years)		Acquisition cost				Effect of foreign currency				Accumulated amortization				Carrying value
Technology		7 years		4.25 years		$	5,119,000			$	1,089,182			$	2,554,906			$	3,653,276
Customer relationships		3 years		0.25 years			252,000				53,619				280,151				25,468
Trade names and trademarks		Indefinite		Indefinite			92,000				19,575				-				111,575
Total intangible assets						$	5,463,000			$	1,162,376			$	2,835,057			$	3,790,319

Intangible assets recognized from the acquisition of IFP were allocated to the United Kingdom operating and reportable segment.

The cumulative balance of the accumulated amortization as of June 30, 2026 and 2025 was $3,536,708 and $2,835,057 respectively.

Expense related to the amortization of intangible assets charged to the consolidated statements of operations and other comprehensive income (loss) for the years ended June 30, 2026 and 2025 was $1,152,537 and $949,288, respectively.

Estimated amortization for future periods is as follows:

Fiscal Year		Amount
2027		$	828,203
2028			828,203
2029			828,203
2030			207,052
Total		$	2,691,661