LEASES (Tables)

3 Months Ended

Sep. 30, 2023

Leases

SCHEDULE OF BALANCE SHEET INFORMATION RELATED TO LEASE

Supplemental balance sheet information related to leases was as follows:

	As of September 30, 2023		As of June 30, 2023
Assets
Operating lease assets, net	$	1,359,106	$	1,151,575
Liabilities
Current
Operating	$	538,363	$	505,237
Non-current
Operating		795,935		652,194
Total Lease Liabilities	$	1,334,298	$	1,157,431

SCHEDULE OF COMPONENTS OF LEASE COST

The components of lease cost were as follows:

	For the Three Months Ended September 30,
	2023			2022
Amortization of finance lease assets	$	2,296		$	2,896
Interest on finance lease obligation		869			1,807
Operating lease cost		107,033			118,522
Short term lease cost		41,008			66,636
Sub lease income		(8,406	)		(7,812	)
Total lease cost	$	142,800		$	182,049

SCHEDULE OF LEASE TERM AND DISCOUNT RATE

Lease term and discount rate were as follows:

	As of September 30, 2023			As of June 30, 2023
Weighted average remaining lease term - Operating leases		2.64 Years			3.09 Years
Weighted average discount rate - Operating leases		4.6	%		4.0	%

SCHEDULE OF SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION RELATED TO LEASES

Supplemental disclosures of cash flow information related to leases were as follows:

	For the Three Months Ended September 30
	2023		2022
Operating cash flows related to operating leases	$	61,696	$	122,121
Operating cash flows related to finance leases	$	869	$	1,807
Financing cash flows related finance leases	$	8,078	$	3,679

SCHEDULE OF MATURITIES OF OPERATING LEASE LIABILITIES

Maturities of operating lease liabilities were as follows as of September 30, 2023:

	Amount
Within year 1	$	586,637
Within year 2		520,197
Within year 3		274,418
Within year 4		30,815
Within year 5		459
Thereafter		344
Total Lease Payments		1,412,870
Less: Imputed interest		(78,572	)
Present Value of lease liabilities		1,334,298
Less: Current portion		(538,363	)
Non-Current portion	$	795,935