| SCHEDULE OF PROPERTY AND EQUIPMENT |
Property
and equipment consisted of the following:
SCHEDULE OF PROPERTY AND EQUIPMENT
| | |
As
of | | |
As
of | |
| | |
June
30, 2026 | | |
June
30, 2025 | |
| | |
| | |
| |
| Office
Furniture and Equipment | |
$ | 2,864,962 | | |
$ | 2,437,002 | |
| Computer
Equipment | |
| 9,780,261 | | |
| 9,513,181 | |
| Assets
Under Capital Leases | |
| 140,273 | | |
| 145,197 | |
| Building | |
| 3,606,143 | | |
| 3,532,475 | |
| Land | |
| 914,360 | | |
| 894,698 | |
| Autos | |
| 2,349,412 | | |
| 1,603,271 | |
| Improvements | |
| 267,292 | | |
| 217,230 | |
| Subtotal | |
| 19,922,703 | | |
| 18,343,054 | |
| Property and Equipment, Gross | |
| 19,922,703 | | |
| 18,343,054 | |
| Accumulated
Depreciation | |
| (14,239,201 | ) | |
| (13,269,682 | ) |
| Property
and Equipment, Net | |
$ | 5,683,502 | | |
$ | 5,073,372 | |
|
| SCHEDULE OF FIXED ASSETS HELD UNDER FINANCE LEASES |
Following
is a summary of fixed assets held under capital leases as of June 30, 2026 and 2025:
SCHEDULE OF FIXED ASSETS HELD UNDER FINANCE LEASES
| | |
As
of | | |
As
of | |
| | |
June
30, 2026 | | |
June
30, 2025 | |
| Vehicles | |
$ | 140,273 | | |
$ | 145,197 | |
| Total | |
| 140,273 | | |
| 145,197 | |
| Less:
Accumulated Depreciation - Net | |
| (79,973 | ) | |
| (47,807 | ) |
| Fixed
assets held under finance leases, Total | |
$ | 60,300 | | |
$ | 97,390 | |
|
| SCHEDULE OF FINANCE LEASE TERM AND DISCOUNT RATE |
Finance
lease term and discount rate were as follows:
SCHEDULE OF FINANCE LEASE TERM AND DISCOUNT RATE
| | |
As of | | |
As of | |
| | |
June
30, 2026 | | |
June
30, 2025 | |
| | |
| | |
| |
| Weighted
average remaining lease term - Finance leases | |
| 0.75
Years | | |
| 1.75
Years | |
| | |
| | | |
| | |
| Weighted average discount
rate - Finance leases | |
| 11.3 | % | |
| 11.3 | % |
|