| ACCOUNTS PAYABLE AND OTHER LIABILITIES |
NOTE
10 – ACCOUNTS PAYABLE AND OTHER LIABILITIES
The
following summarizes the balances of accounts payable and other liabilities as of December 31, 2022 and June 30, 2022, respectively.
SCHEDULE OF ACCOUNTS PAYABLE AND OTHER LIABILITIES
| As of | |
December 31, 2022 | | |
June 30, 2022 | |
| | |
| | |
| |
| Trade payable | |
$ | 2,731,000 | | |
$ | 2,841,000 | |
| Advance deposits | |
| 1,869,000 | | |
| 493,000 | |
| Payroll and related accruals | |
| 2,334,000 | | |
| 2,223,000 | |
| Management fees payable | |
| 1,030,000 | | |
| 76,000 | |
| Mortgage interest payable | |
| - | | |
| 513,000 | |
| Withholding and other taxes payable | |
| 956,000 | | |
| 920,000 | |
| Security deposit | |
| 52,000 | | |
| 52,000 | |
| Finance leases | |
| 77,000 | | |
| 183,000 | |
| Other payables | |
| 980,000 | | |
| 1,424,000 | |
| Total accounts payable and other liabilities | |
$ | 10,029,000 | | |
$ | 8,725,000 | |
|