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Taxes (Tables)
12 Months Ended
Jun. 30, 2022
Taxes  
Schedule of significant components of the provision for income taxes

    

For the year

    

For the year

    

For the year

ended 

ended

ended

June 30, 2022

June 30, 2021

June 30, 2020

Cayman

$

(4,936,199)

$

(3,640,018)

$

(3,924,893)

United States

 

(379,349)

 

 

Canada

(2,270)

Singapore

(24,858)

$

(5,342,676)

$

(3,640,018)

$

(3,924,893)

Schedule of reconciliation of statutory tax rates to effective tax rate

    

June 30, 

    

June 30, 

    

June 30, 

 

2022

2021

2020

 

Federal statutory tax rate

21.0

%  

21.0

%  

21.0

%

State statutory tax rate

 

5.75

%  

%  

%

Change in valuation allowance

 

(26.75)

%  

(21.0)

%  

(21.0)

%

Effective tax rate

 

%  

%  

%

Schedule of significant components of deferred tax assets

    

June 30, 

    

June 30, 

2022

2021

Deferred tax assets

Net operating loss carryforward in the U.S.

 

69,066

 

Net operating loss carryforward in Canada

341

Net operating loss carryforward in Singapore

4,226

Valuation allowance

(73,633)

Total net deferred tax assets

$

$