v3.25.0.1
Property, Plant and Equipment, Net
 6 Months Ended
Dec. 31, 2024
Property, Plant and Equipment, Net [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

5. PROPERTY, PLANT AND EQUIPMENT, NET

 

As of December 31, 2024 and June 30, 2024, property, plant and equipment consisted of the following:

 

   As of
December 31,		   As of
June 30,		 
   2024   2024 
Leasehold improvements  $1,325,830   $1,363,654 
Office and other equipment   1,587,501    1,466,840 
Furniture and fixtures   345,785    270,983 
Construction-in-progress   18,274    36,483 
    3,277,390    3,137,960 
Less: accumulated depreciation   (912,275)   (555,503)
Total  $2,365,115   $2,582,457 

 

For the three months ended December 31, 2024 and 2023, depreciation expense amounted to $168,248 and $41,848, respectively. For the six months ended December 31, 2024 and 2023, depreciation expense amounted to $356,772 and $70,545, respectively.