SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
12 Months Ended |
Jun. 30, 2026 |
| Accounting Policies [Abstract] |
|
| SCHEDULE OF DISAGGREGATION REVENUE |
The
Company disaggregates its revenue by geographic region as follows:
SCHEDULE OF DISAGGREGATION REVENUE
| | |
For the Fiscal Years Ended June 30, | |
| | |
2026 | | |
% | | |
2025 | | |
% | | |
2024 | | |
% | |
| Players located in the United States | |
$ | 65,093,289 | | |
| 62.2 | % | |
$ | 74,134,697 | | |
| 62.8 | % | |
$ | 93,241,993 | | |
| 64.2 | % |
| Players located in Europe | |
| 17,790,770 | | |
| 17.0 | % | |
| 18,415,626 | | |
| 15.6 | % | |
| 21,349,802 | | |
| 14.7 | % |
| Players located in other regions | |
| 21,767,531 | | |
| 20.8 | % | |
| 25,498,559 | | |
| 21.6 | % | |
| 30,644,954 | | |
| 21.1 | % |
| Total revenue | |
$ | 104,651,590 | | |
| 100 | % | |
$ | 118,048,882 | | |
| 100 | % | |
$ | 145,236,749 | | |
| 100 | % |
|
| SCHEDULE OF OPENING AND CLOSING BALANCES IN CONTRACT LIABILITIES AND ACCOUNTS RECEIVABLE |
The
following table summarizes the Company’s opening and closing balances in contract liabilities and accounts receivable:
SCHEDULE OF OPENING AND CLOSING BALANCES IN CONTRACT LIABILITIES
AND ACCOUNTS RECEIVABLE
| | |
Accounts Receivable | | |
Contract Liabilities | |
| Balance as of June 30, 2025 | |
$ | 10,423,418 | | |
$ | 1,871,120 | |
| Balance as of June 30, 2026 | |
| 8,042,595 | | |
| 1,471,074 | |
|
| SCHEDULE OF CONTRACT LIABILITIES |
The
table below presents the activity of contract liabilities during the year ended June 30, 2026 and 2025, respectively.
SCHEDULE
OF CONTRACT LIABILITIES
| | |
2026 | | |
2025 | |
| | |
As of June 30, | |
| | |
2026 | | |
2025 | |
| Balance at the beginning of the year | |
$ | 1,871,120 | | |
$ | 2,830,068 | |
| Cash received | |
| 93,934,483 | | |
| 105,350,306 | |
| Revenue recognized | |
| 94,424,013 | | |
| 106,343,226 | |
| Foreign currency translation | |
| 89,484 | | |
| 33,972 | |
| Balance at the end of the year | |
$ | 1,471,074 | | |
$ | 1,871,120 | |
|
| SCHEDULE OF FAIR VALUE HIERARCHY |
The
following tables represent the fair value hierarchy of the Company’s financial assets measured at fair value on a recurring basis
as of June 30, 2026 and 2025:
SCHEDULE OF FAIR VALUE HIERARCHY
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| | |
As of June 30, 2026 | |
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| | |
USD | | |
USD | | |
USD | | |
USD | |
| Short-term investments | |
| | | |
| | | |
| | | |
| | |
| Investment in marketable equity securities | |
$ | 5,102,400 | | |
$ | - | | |
$ | - | | |
$ | 5,102,400 | |
| Short-term
investments | |
$ | 5,102,400 | | |
$ | - | | |
$ | - | | |
$ | 5,102,400 | |
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| | |
As of June 30, 2025 | |
| | |
Level 1 | | |
Level 2 | | |
Level 3 | | |
Total | |
| | |
USD | | |
USD | | |
USD | | |
USD | |
| Short-term investments | |
| | | |
| | | |
| | | |
| | |
| Investment in marketable equity securities | |
$ | 1,345,154 | | |
$ | - | | |
$ | - | | |
$ | 1,345,154 | |
| Short-term
investments | |
$ | 1,345,154 | | |
$ | - | | |
$ | - | | |
$ | 1,345,154 | |
|
| SCHEDULE OF PLANT AND EQUIPMENT |
Plant
and equipment are recorded at cost. Depreciation is provided in amounts sufficient to recognize the cost of the related assets over their
useful lives using the straight-line method, as follows:
SCHEDULE OF PLANT AND EQUIPMENT
| Category | |
Estimated useful lives | |
Residual value | |
| Electronic equipment | |
3 years | |
| 5 | % |
| Transportation equipment | |
5 years | |
| 5 | % |
| Leasehold improvements | |
Shorter of the estimated useful life or remaining lease term | |
| - | % |
|
| SCHEDULE OF INTANGIBLE ASSETS USEFUL LIFE |
Intangible
assets acquired are recorded at cost less accumulated amortization. Amortization is provided in amounts sufficient to recognize the cost
of the related assets over their useful lives using the straight-line method, as follows:
SCHEDULE OF INTANGIBLE ASSETS USEFUL LIFE
| | |
Useful life |
| Game development cost | |
3-7 years |
| Royalties | |
5-8 years |
| Copyright | |
8-10 years |
|
| SCHEDULE OF FOREIGN CURRENCY TRANSLATION |
SCHEDULE OF FOREIGN CURRENCY TRANSLATION
| |
|
As
of June 30, |
|
| |
|
2026 |
|
|
2025 |
|
| Balance
sheet items, except for equity accounts |
|
$ |
1=RMB6.7851 |
|
|
$ |
1=RMB7.1636 |
|
| Balance
sheet items, except for equity accounts |
|
$ |
1=HK$7.8420 |
|
|
$ |
1=HK$7.8499 |
|
| |
|
For
the Years Ended June 30, |
|
| |
|
2026 |
|
|
2025 |
|
|
2024 |
|
| Items
in the statements of operations and comprehensive income (loss), and statements of cash flows |
|
$ |
1=RMB6.9940 |
|
|
$ |
1=RMB7.2143 |
|
|
$ |
1=RMB7.2248 |
|
| Items
in the statements of operations and comprehensive income (loss), and statements of cash flows |
|
$ |
1=HK$7.8118 |
|
|
$ |
1=HK$7.7893 |
|
|
$ |
1=HK$7.8190 |
|
|