LONG-TERM INVESTMENT (Details Narrative) - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Apr. 25, 2019 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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| Share of net income loss from equity investment | $ (2,113,430) | $ (2,021,480) | |
| Drivemate Co Ltd [Member] | Service [Member] | Drivemate Agreement [Member] | |||
| Number of shares purchased, value | $ 1,300,000 | ||
| Drivemate Co Ltd [Member] | |||
| Share of net income loss from equity investment | 7,510 | ||
| Equity investment impairment | $ (1,041,482) | (651,018) | |
| Drivemate Agreement [Member] | Drivemate Co Ltd [Member] | |||
| Number of shares purchased | 5,469 | ||
| Number of shares purchased, value | $ 1,800,000 | ||
| Related party transaction, description | Pursuant to the agreement, the number of shares to be issued is adjusted as necessary to result in an equity ownership equal to 30% of the issued and outstanding shares at the final payment date. As of June 30, 2023 and 2022, the Company owns 8,178 shares equal to 30% of Drivemate. Per the Drivemate Agreement, the Company appointed two directors to the Drivemate board. The Company determined that it met the significant influence criteria since two of the four directors are appointed by the Company and the Company owns 30% of Drivemate; therefore, the Company accounts for the investment using the equity method of accounting | ||
| Service revenue from related party | 12,528 | ||
| Share of net income loss from equity investment | 7,510 | $ 49,664 | |
| Equity investment impairment | $ 1,041,482 | ||
| Drivemate Agreement [Member] | Drivemate Co Ltd [Member] | Service [Member] | |||
| Number of shares purchased, value | 1,300,000 | ||
| Drivemate Agreement [Member] | Drivemate Co Ltd [Member] | Cash [Member] | |||
| Number of shares purchased, value | $ 500,000 | ||
| Drivemate Agreement [Member] | Drivemate Co Ltd [Member] | |||
| Equity interest, percentage | 30.00% | ||
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- Definition Equity method investment impairment. No definition available.
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- Definition Value of equity interests (such as common shares, preferred shares, or partnership interest) issued or issuable to acquire the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares of equity interests issued or issuable to acquire entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A description of the related party transaction, including transactions to which no amounts or nominal amounts were ascribed and such other information deemed necessary to an understanding of the effects of the transactions on the financial statements. Examples of common related party transactions are, sales, purchases and transfers of realty and personal property, services received or furnished, loans and leases to and from top management and affiliates. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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