v3.26.3
Loans from Third Parties
12 Months Ended
Jun. 30, 2026
Loans from Third Parties [Abstract]  
LOANS FROM THIRD PARTIES

Note 6. LOANS FROM THIRD PARTIES

 

The Company’s loans from third parties are as follows:

 

    As of     As of  
    June 30,     June 30,  
    2026     2025  
Loans from third parties - current   $ 863,221     $ 999,940  
Loans from third parties - non-current     2,918,200       466,321  
Total loans from third parties   $ 3,781,421     $ 1,466,261  

 

As of June 30, 2026 and 2025, loans from third parties amounted to approximately $3.8 million, and approximately $1.5 million with a weighted average interest rate of 12%, and 12% and a weighted average maturity of 1.83 years and one year, respectively.

 

For the years ended June 30, 2026 and 2025, interest expenses were $306,367 and $146,370, respectively.

 

The aggregate scheduled principal repayments due on the third-party loans for each of the next two fiscal years ending June 30 are as follows:

 

    As of  
    June 30,  
Twelve months ended June 30,   2026  
Fiscal year 2027   $ 863,221  
Fiscal year 2028     2,918,200  
Total   $ 3,781,421