| SCHEDULE OF PROPERTY AND EQUIPMENT |
Property and equipment consisted of the following:
SCHEDULE OF PROPERTY AND EQUIPMENT
| |
|
As of |
|
|
As of |
|
| |
|
March 31, 2026 |
|
|
June 30, 2025 |
|
| |
|
|
|
|
|
|
| Office Furniture and Equipment |
|
$ |
2,796,062 |
|
|
$ |
2,437,002 |
|
| Computer Equipment |
|
|
9,663,469 |
|
|
|
9,513,181 |
|
| Assets Under Capital Leases |
|
|
140,213 |
|
|
|
145,197 |
|
| Building |
|
|
3,590,931 |
|
|
|
3,532,475 |
|
| Land |
|
|
910,300 |
|
|
|
894,698 |
|
| Autos |
|
|
2,088,849 |
|
|
|
1,603,271 |
|
| Improvements |
|
|
266,418 |
|
|
|
217,230 |
|
| Subtotal |
|
|
19,456,242 |
|
|
|
18,343,054 |
|
| Property and Equipment, Gross |
|
|
19,456,242 |
|
|
|
18,343,054 |
|
| Accumulated Depreciation |
|
|
(13,897,833 |
) |
|
|
(13,269,682 |
) |
| Property and Equipment, Net |
|
$ |
5,558,409 |
|
|
$ |
5,073,372 |
|
|
| SCHEDULE OF FIXED ASSETS HELD UNDER FINANCE LEASES |
Following is a summary of fixed assets held under finance
leases as of March 31, 2026 and June 30, 2025:
SCHEDULE OF FIXED ASSETS HELD UNDER FINANCE LEASES
| |
|
As of |
|
|
As of |
|
| |
|
March 31, 2026 |
|
|
June 30, 2025 |
|
| Vehicles |
|
$ |
140,213 |
|
|
$ |
145,197 |
|
| Total |
|
|
140,213 |
|
|
|
145,197 |
|
| Less: Accumulated Depreciation - Net |
|
|
(71,478 |
) |
|
|
(47,807 |
) |
| Fixed assets held under
finance leases, Total |
|
$ |
68,735 |
|
|
$ |
97,390 |
|
|
| SCHEDULE OF FINANCE LEASE TERM AND DISCOUNT RATE |
Finance lease term and discount rate were as follows:
SCHEDULE
OF FINANCE LEASE TERM AND DISCOUNT RATE
| |
|
As of |
|
|
As of |
|
| |
|
March 31, 2026 |
|
|
June 30, 2025 |
|
| |
|
|
|
|
|
|
|
|
| Weighted average remaining lease term - Finance leases |
|
|
1
Years |
|
|
|
1.75
Years |
|
| |
|
|
|
|
|
|
|
|
| Weighted average discount rate - Finance leases |
|
|
11.3 |
% |
|
|
11.3 |
% |
|