| SCHEDULE OF PROPERTY AND EQUIPMENT |
Property
and equipment consisted of the following:
SCHEDULE OF PROPERTY AND EQUIPMENT
| |
|
As
of |
|
|
As
of |
|
| |
|
June
30, 2026 |
|
|
June
30, 2025 |
|
| |
|
|
|
|
|
|
| Office
Furniture and Equipment |
|
$ |
2,864,962 |
|
|
$ |
2,437,002 |
|
| Computer
Equipment |
|
|
9,780,261 |
|
|
|
9,513,181 |
|
| Assets
Under Capital Leases |
|
|
140,273 |
|
|
|
145,197 |
|
| Building |
|
|
3,606,143 |
|
|
|
3,532,475 |
|
| Land |
|
|
914,360 |
|
|
|
894,698 |
|
| Autos |
|
|
2,349,412 |
|
|
|
1,603,271 |
|
| Improvements |
|
|
267,292 |
|
|
|
217,230 |
|
| Subtotal |
|
|
19,922,703 |
|
|
|
18,343,054 |
|
| Property and Equipment, Gross |
|
|
19,922,703 |
|
|
|
18,343,054 |
|
| Accumulated
Depreciation |
|
|
(14,239,201 |
) |
|
|
(13,269,682 |
) |
| Property
and Equipment, Net |
|
$ |
5,683,502 |
|
|
$ |
5,073,372 |
|
|
| SCHEDULE OF FIXED ASSETS HELD UNDER FINANCE LEASES |
Following
is a summary of fixed assets held under capital leases as of June 30, 2026 and 2025:
SCHEDULE OF FIXED ASSETS HELD UNDER FINANCE LEASES
| |
|
As
of |
|
|
As
of |
|
| |
|
June
30, 2026 |
|
|
June
30, 2025 |
|
| Vehicles |
|
$ |
140,273 |
|
|
$ |
145,197 |
|
| Total |
|
|
140,273 |
|
|
|
145,197 |
|
| Less:
Accumulated Depreciation - Net |
|
|
(79,973 |
) |
|
|
(47,807 |
) |
| Fixed
assets held under finance leases, Total |
|
$ |
60,300 |
|
|
$ |
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 |
|
| |
|
June
30, 2026 |
|
|
June
30, 2025 |
|
| |
|
|
|
|
|
|
| Weighted
average remaining lease term - Finance leases |
|
|
0.75
Years |
|
|
|
1.75
Years |
|
| |
|
|
|
|
|
|
|
|
| Weighted average discount
rate - Finance leases |
|
|
11.3 |
% |
|
|
11.3 |
% |
|