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PROPERTY AND EQUIPMENT (Tables)
6 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
SCHEDULE OF PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

 

   As of   As of 
  

December 31,

2023

  

June 30,

2023

 
         
Office Furniture and Equipment  $2,427,955   $2,678,664 
Computer Equipment   8,432,290    8,317,131 
Assets Under Capital Leases   47,793    46,554 
Building   3,586,175    3,497,913 
Land   909,031    885,474 
Autos   2,074,702    1,941,063 
Improvements   212,978    205,289 
Subtotal   17,690,924    17,572,088 
Accumulated Depreciation   (12,025,225)   (11,410,902)
Property and Equipment, Net  $5,665,699   $6,161,186 
SUMMARY OF FIXED ASSETS HELD UNDER CAPITAL LEASES

Following is a summary of fixed assets held under finance leases as of December 31, 2023 and June 30, 2023:

 

   As of   As of 
  

December 31,

2023

  

June 30,

2023

 
Vehicles  $47,793   $46,554 
Total   47,793    46,554 
Less: Accumulated Depreciation - Net   (22,607)   (17,366)
Fixed assets held under capital leases, Total  $25,186   $29,188 
SCHEDULE OF FINANCE LEASE TERM

Finance lease term and discount rate were as follows:

 

   As of  As of 
   December 31, 2023  June 30, 2023 
        
Weighted average remaining lease term - Finance leases  0.84 Years  1.21 Years 
        
Weighted average discount rate - Finance leases  16.4%  16.4%