SCHEDULE OF LONG TERM INVESTMENT (Details) - USD ($) |
Jun. 30, 2022 |
Jun. 30, 2021 |
|---|---|---|
| Gross investment | $ 5,688,889 | $ 5,688,889 |
| Cumulative net loss on investment | (3,979,279) | (1,962,987) |
| Cumulative other comprehensive income (loss) | (650,242) | (570,050) |
| Net investment | 1,059,368 | 3,155,852 |
| Drive Mate [Member] | ||
| Gross investment | 1,800,000 | 1,800,000 |
| Cumulative net loss on investment | (740,632) | (38,853) |
| Cumulative other comprehensive income (loss) | ||
| Net investment | 1,059,368 | 1,761,147 |
| WRLD 3D Inc [Member] | ||
| Gross investment | 3,888,889 | 3,888,889 |
| Cumulative net loss on investment | (3,238,647) | (1,924,134) |
| Cumulative other comprehensive income (loss) | (650,242) | (570,050) |
| Net investment | $ 1,394,705 |
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- Definition Cumulative net loss on investment. No definition available.
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- Definition Cumulative other comprehensive income (loss). No definition available.
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- Definition Equity method investments gross. No definition available.
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- Definition This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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