v3.26.1
Leases
9 Months Ended
Mar. 31, 2026
Leases [Abstract]  
LEASES

NOTE 9 — LEASES

 

The Company has two lease agreements for offices. The Company’s lease agreements do not contain any material residual value guarantees or material restrictive covenants.

 

Total operating lease expenses on offices for the three months ended March 31, 2026 and 2025 were $29,835 and $28,582, respectively.

 

Total operating lease expenses on offices for the nine months ended March 31, 2026 and 2025 were $87,881 and $51,805, respectively.

The following table includes supplemental cash flow and non-cash information related to leases:

 

   For the Nine Months Ended
March 31,
 
   2026   2025 
Cash paid of amounts included in the measurement of lease liabilities:        
Operating cash flows from operating leases  $70,171   $80,709 
Right-of-use assets obtained in exchange for lease obligations:          
Operating lease liabilities  $
-
   $341,961 

 

The weighted average remaining lease terms and discount rates for all of operating lease is as follows:

 

   March 31,
2026
   June 30,
2025
 
Weighted-average remaining lease term (years):          
Operating lease   3.17 years    3.63 years 
           
Weighted average discount rate:          
Operating lease   4.42%   4.42%

 

The following is a schedule of maturities of operating lease liabilities as of March 31, 2026:

 

Operating leases

 

Twelve months ending March 31,  Repayment 
2027  $83,646 
2028   47,403 
2029   47,403 
2030   35,552 
Total future minimum lease payments   214,004 
Less: imputed interest   (10,579)
Total operating lease liabilities  $203,425