v3.26.1
Accounts Receivable, Net
 9 Months Ended
Mar. 31, 2026
Accounts Receivable, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

NOTE 3 — ACCOUNTS RECEIVABLE, NET

 

Accounts receivable, net consists of the following:

 

   March 31,
2026		   June 30,
2025		 
Accounts receivable  $2,024,803   $1,439,959 
Less: allowance for credit loss   (171,180)   (33,039)
Accounts receivable, net  $1,853,623   $1,406,920 

 

Approximately $0.7 million or 36.2% of the accounts receivable have been collected as of May 11, 2026.

 

The movement of allowance for credit loss for the nine months ended March 31, 2026 and the year ended June 30, 2025 is as follows:

 

   March 31,
2026		   June 30,
2025		 
Beginning balance  $33,039   $
-
 
Provision of expected credit loss allowance   133,772    32,836 
Effect of foreign exchange translation   4,369    203 
Ending balance  $171,180   $33,039 

 

The Company recorded addition of allowance for credit loss of $84,261 and $nil for the three months ended March 31, 2026 and 2025, respectively. The Company recorded addition of allowance for credit loss of $133,772 and $nil for the nine months ended March 31, 2026 and 2025, respectively.