v3.26.3
Lease
12 Months Ended
Jun. 30, 2026
Leases [Abstract]  
LEASE

11. LEASE

 

Effective on July 1, 2021, the Group adopted Topic 842. At the inception of a contract, the Group determines if the arrangement is, or contains, a lease. The leases of the Group mainly consisted of office leasing and factory leasing.

 

Supplemental balance sheet information related to operating lease was as follows:

 

    AS of June 30,  
    2026     2025  
    USD     USD  
Right-of-use assets     851,652       1,120,202  
                 
Operating lease liabilities – current     425,663       354,123  
Operating lease liabilities – non-current     478,818       838,982  
Total operating lease liabilities     904,481       1,193,105  

 

The components of lease expenses were as follows:

 

    For the years ended
June 30,
 
    2026     2025     2024  
    USD     USD     USD  
Lease cost                  
Amortization of right-of-use assets     410,680       296,047       196,111  
Interest of operating lease liabilities     38,745       41,248       27,051  
Total lease cost     449,425       337,295       223,162  

 

 

The weighted average remaining lease terms and discount rates for the operating lease as of June 30, 2026 were as follows:

 

Weighted average remaining lease term (years):     2.05  
Weighted average discount rate:     3.66 %

 

The following is a schedule of future minimum payments under the Group’s operating leases as of June 30:

 

    Amount  
    USD  
2027     451,655  
2028     488,186  
Total lease payments     939,841  
Less: imputed interest     (35,360 )
Present value of operating lease liabilities     904,481