v3.26.3
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jun. 30, 2026
Summary of Significant Accounting Policies [Abstract]  
Schedule of Translation of Foreign Currencies

Translation of foreign currencies into US$1 have been made at the following exchange rates for the respective periods:

 

    As of
June 30,
 
    2026     2025  

Period-end MYR: US$1 exchange rate

    4.08       4.21  

 

    For the years ended
June 30,
 
    2026     2025  
Period-average MYR: US$1 exchange rate     4.08       4.40  
Schedule of Estimated Useful Lives of the Assets

Property and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the assets with no residual value. The estimated useful lives are as follows:

 

    Expected
useful lives
Computer and office equipment   5 years
Furniture and fixtures   3-5 years
Motor vehicles   5 years
Leasehold improvement   3 years
Schedule of Disaggregated Information of Revenues by Products/Services

Disaggregated information of revenues by products/services are as follows:

 

    For the years ended
June 30,
 
    2026     2025  
Gift card or “E-voucher” revenue (1)   $ 5,094,944     $ 118,431  
Health care products, computer products, and food and beverage products revenue (1)     45,056       298,722  
Loyalty program revenue (1)     17,597       202,744  
Transaction revenue (1)     12,187       127,127  
Member subscription revenue (2)     -       103,533  
Total revenues from ZCITY platform     5,169,784       850,557  
                 
Revenue from Customized software development (2)     -       1,480,000  
Total revenue   $ 5,169,784     $ 2,330,557  

 

(1) Revenue recognized at a point in time.

 

(2) Revenue recognized over time.
Schedule of Assets that were Measured at Fair Value on a Recurring Basis

The following table presents information about the Company’s assets and liabilities that were measured at fair value on a recurring basis as of June 30, 2026 and 2025:

 

    June 30,
2026
    Quoted
Prices in
Active
Market
(Level 1)
    Significant
Other
Observable
Input
(Level 2)
    Significant
Other
Unobservable
Input
(Level 3)
 
                         
Assets:                        
Crypto assets receivable   $ 299,550     $ 299,550     $ -     $ -  
Crypto assets   $ 148,631     $ 148,631     $ -     $ -  
Derivative assets (Contractual rights to receive shares under Escrow Agreements)   $ 3,665,000     $ -     $ -     $ 3,665,000  
                                 
Liabilities:                                
Derivative liabilities (Warrant issued under Share Purchase Agreement)   $ 1,187,876     $ -     $ -     $ 1,187,876  

 

    June 30,
2025
    Quoted
Prices in
Active
Market
(Level 1)
    Significant
Other
Observable
Input
(Level 2)
    Significant
Other
Unobservable
Input
(Level 3)
 
                         
Liabilities:                        
Derivative liabilities   $ 383,886     $ -     $        -     $ 383,886  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following is a reconciliation of the beginning and ending balance of the assets and liabilities measured at fair value on a recurring basis for the year ended June 30, 2026 and 2025:

 

    Crypto
assets
receivable
 
Balance as of June 30, 2025   $ -  
USDT receivable from crypto asset yield arrangements     299,550  
Change in fair value of crypto assets     -  
Balance as of June 30, 2026   $ 299,550  

 

    Crypto assets  
    USDT     Ethereum     Total  
Balance as of June 30, 2025   $ -     $ -     $ -  
USDT earned from crypto asset yield arrangements     183,698       -       183,698  
USDT used to purchase Ethereum     (176,275 )     176,275       -  
Change in fair value of crypto assets     -       (35,067 )     (35,067 )
Balance as of June 30, 2026   $ 7,423     $ 141,208     $ 148,631  
    Derivative assets  
    (Contractual rights
to receive shares
under Escrow
Agreements)
 
Balance as of June 30, 2025   $ -  
Derivative assets recognized upon settlement of certain receivable (Note 5)     4,400,000  
Change in fair value of derivative assets     (735,000 )
Balance as of June 30, 2026   $ 3,665,000  
Schedule of Liabilities Measured at Fair Value on a Recurring Basis
    Warrant
issued under
Share Purchase
Agreement
 
Balance as of June 30, 2024   $ -  
Derivative liabilities recognized at grant date     2,450,227  
Change in fair value of derivative liabilities     (1,816,917 )
Exercised of warrants     (249,424 )
Balance as of June 30, 2025     383,886  
Derivative liabilities recognized at grant date     10,797,112  
Change in fair value of derivative liabilities     (5,378,137 )
Exercised of warrants     (4,614,985 )
Balance as of June 30, 2026   $ 1,187,876