v3.26.3
Prepaid Expenses and Other Current Assets, Net (Tables)
 3 Months Ended
Sep. 30, 2026
Prepaid Expenses and Other Current Assets, Net [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following:

  

    As of
September 30,
2026		     As of
June 30,
2026		  
    US$     US$  
Other receivables     394,612       490,000  
Amount due from former subsidiaries     15,032,243       15,032,243  
Advances to suppliers     —       2,000  
Total prepaid expenses and other current assets     15,426,855       15,524,243  
Less: Allowance for expected credit losses     (2,772,902 )     (2,160,266 )
Total prepaid expenses and other current assets, net     12,653,953       13,363,977  
Schedule of Allowance for Expected Credit Losses

Movement of allowance for expected credit losses was shown below:

 

    As of
September 30,
2026		     As of
June 30,
2026		  
    US$     US$  
Beginning balance     2,160,266       —  
Provision for allowance for expected credit losses, net     612,636       2,918,909  
Write-offs     —       (758,643 )
Ending balance     2,772,902       2,160,266