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Taxes (Tables)
12 Months Ended
Jun. 30, 2023
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, 2023

June 30, 2022

June 30, 2021

Cayman

$

(6,034,362)

$

(4,936,199)

$

(3,640,018)

United States

 

(22,024,619)

 

(379,349)

 

Canada

(1,998)

(2,270)

Singapore

(155,373)

(24,858)

$

(28,216,352)

$

(5,342,676)

$

(3,640,018)

Schedule of reconciliation of statutory tax rates to effective tax rate

    

June 30, 

    

June 30, 

    

June 30, 

 

2023

2022

2021

 

Federal statutory tax rate

21.0

%  

21.0

%  

21.0

%

State statutory tax rate

 

5.75

%  

5.75

%  

%

Change in valuation allowance

 

(26.75)

%  

(26.75)

%  

(21.0)

%

Effective tax rate

 

%  

%  

%

Schedule of significant components of deferred tax assets

    

June 30, 

    

June 30, 

2023

2022

Deferred tax assets

Net operating loss carryforward in the U.S.

 

4,704,833

 

69,066

Net operating loss carryforward in Canada

640

341

Net operating loss carryforward in Singapore

30,639

4,226

Valuation allowance

(4,736,112)

(73,633)

Total net deferred tax assets

$

$