| SCHEDULE OF INTANGIBLE ASSETS |
Intangible
Assets of the Company at June 30, 2026 and 2025 are summarized as follows:
SCHEDULE
OF INTANGIBLE ASSETS
| | |
| |
June
30, 2026 | |
| | |
Est useful | |
| | |
Accumulated | | |
Impairment | | |
| |
| | |
life | |
Cost | | |
Amortization | | |
of
Asset | | |
Net | |
| | |
| |
| | |
| | |
| | |
| |
| Goodwill | |
Indefinite | |
$ | 6,142,525 | | |
$ | — | | |
$ | — | | |
$ | 6,142,525 | |
| Developed technology | |
10 years | |
| 1,928,800 | | |
| (336,523 | ) | |
| — | | |
| 1,592,277 | |
| Customer Lists | |
12 years | |
| 14,625,000 | | |
| (2,911,644 | ) | |
| — | | |
| 11,713,356 | |
| Intangible Assets | |
| |
$ | 22,696,325 | | |
$ | (3,248,167 | ) | |
$ | — | | |
$ | 19,448,158 | |
| | |
| |
June
30, 2025 | |
| | |
Est useful | |
| | |
Accumulated | | |
Impairment | | |
| |
| | |
life | |
Cost | | |
Amortization | | |
of
Asset | | |
Net | |
| | |
| |
| | |
| | |
| | |
| |
| Goodwill | |
Indefinite | |
$ | 6,142,525 | | |
$ | — | | |
$ | — | | |
$ | 6,142,525 | |
| Developed technology | |
10 years | |
| 1,928,800 | | |
| (143,696 | ) | |
| — | | |
| 1,785,104 | |
| Customer Lists | |
12 years | |
| 14,625,000 | | |
| (1,692,894 | ) | |
| — | | |
| 12,932,106 | |
| Intangible Assets | |
| |
$ | 22,696,325 | | |
$ | (1,836,590 | ) | |
$ | — | | |
$ | 20,859,735 | |
|
| SCHEDULE OF AMORTIZATION OF INTANGIBLE ASSETS |
Below
is a summary of the amortization of intangible assets for the next five years:
SCHEDULE
OF AMORTIZATION OF INTANGIBLE ASSETS
| Year | |
Amount | |
| June 30, 2027 | |
$ | 1,411,577 | |
| June 30, 2028 | |
| 1,414,916 | |
| June 30, 2029 | |
| 1,411,577 | |
| June 30, 2030 | |
| 1,411,577 | |
| June 30, 2031 | |
| 1,411,577 | |
| Thereafter | |
| 6,244,408 | |
|