Quarterly report pursuant to Section 13 or 15(d)

COMMITMENTS AND CONTINGENCIES (Tables)

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COMMITMENTS AND CONTINGENCIES (Tables)
6 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
SCHEDULE OF RIGHT OF USE ASSET

ROU is summarized below:

 

    December 31, 2023     June 30, 2023  
Office lease   $ 66,201     $ 66,201  
Less: accumulated amortization     (37,212 )     (27,213 )
Right-of-use asset, net   $ 28,989     $ 38,988  
SCHEDULE OF OPERATING LEASE LIABILITY

Operating Lease liabilities are summarized below:

 

    December 31, 2023     June 30, 2023  
Office lease   $ 66,201     $ 66,201  
Reduction of lease liability     (35,280 )     (25,418 )
Less: office lease, current portion     (22,880 )     (21,505 )
Long term portion of lease liability   $ 8,041     $ 19,278  
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS

Remaining future minimum lease payments under non-cancelable operating lease at December 31, 2023 are as follows:

 

         
Fiscal Year 2024   $ 12,263  
Fiscal Year 2025     20,439  
Imputed interest     (1,781 )
Total operating lease liability   $ 30,921