Annual report pursuant to Section 13 and 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

v3.24.3
COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF RIGHT OF USE ASSET

ROU is summarized below:

    June 30, 2024     June 30, 2023  
Office lease   $ 66,201     $ 66,201  
Less: accumulated amortization     (48,402 )     (27,213 )
Right-of-use asset, net   $ 17,799     $ 38,988  
SCHEDULE OF OPERATING LEASE LIABILITY

Operating Lease liabilities are summarized below:

 

    June 30, 2024     June 30, 2023  
Office lease   $ 66,201     $ 66,201  
Reduction of lease liability     (46,839 )     (25,418 )
Less: office lease, current portion     (19,362 )     (21,505 )
Long term portion of lease liability   $ -     $ 19,278  
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

Remaining future minimum lease payments under non-cancelable operating lease at June 30, 2024 are as follows:

 

         
Fiscal Year 2025   $ 20,079  
Imputed interest     (717 )
Total operating lease liability   $ 19,362