v3.26.1
INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
SCHEDULE OF OTHER INTANGIBLE ASSETS

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

 

   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 
SCHEDULE OF EXPECTED AMORTIZATION EXPENSES FOR INTANGIBLE ASSETS

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