Leases (Tables)

6 Months Ended

Dec. 31, 2022

Leases

Schedule of Supplemental Disclosures Related to Operating Lease

As of December 31, 2022
Lease Cost
Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations)	$	154,463
Other Information
Cash paid for amounts included in the measurement of lease liabilities for the period ended December 31, 2022	$	131,124
Remaining lease term – operating leases (in years)		1.25
Average discount rate – operating leases		10	%
The supplemental balance sheet information related to leases for the periods are as follows:
Operating leases
Short-term right-of-use assets	$	155,966
Long-term right-of-use assets	$	199,163
Total operating lease assets	$	355,129
Short-term operating lease liabilities	$	166,483
Long-term operating lease liabilities	$	218,624
Total operating lease liabilities	$	385,108

Schedule of Maturities of Lease Liabilities

Maturities of the Company’s lease liabilities are as follows:

Year Ended December 31, 2022	Operating Lease
2023	$	196,424
2024		175,026
2025		59,506
Total lease payments		430,956
Less: Imputed interest/present value discount		(45,848	)
Present value of lease liabilities	$	385,108