Note 6 – Accounts Receivable
Accounts receivable for the Company consisted of the
following as of the dates indicated below:
| Schedule of accounts receivable | |
| | | |
| | |
| | |
June 30, 2026 | | |
June 30, 2025 | |
| Accounts receivable | |
$ | 7,107,396 | | |
$ | 8,048,425 | |
| Less: allowance for credit losses | |
| (2,735,696 | ) | |
| (1,924,417 | ) |
| Total accounts receivable | |
$ | 4,371,700 | | |
$ | 6,124,008 | |
The changes in allowance for credit losses on accounts
receivable are summarized below:
| Schedule of changes in allowance for credit losses on accounts receivable | |
| | |
| | |
Allowance for
Credit Losses | |
| Balance at June 30, 2025 | |
$ | 1,924,417 | |
| Allowance recorded during the year ended June 30, 2026 | |
| 811,279 | |
| Balance at June 30, 2026 | |
$ | 2,735,696 | |
|