6. PREPAID EXPENSES AND OTHER RECEIVABLES, NET
Prepayments and other current assets, net, consists of the following:
| | |
As of | |
| | |
December 31, | | |
June 30, | |
| | |
2025 | | |
2025 | |
| Deposits | |
$ | 989 | | |
$ | 40,499 | |
| Prepaid social funds | |
| 25,876 | | |
| 25,323 | |
| Prepaid expenses (1) | |
| - | | |
| 612,500 | |
| Others (2) | |
| 143,329 | | |
| 43,136 | |
| Total | |
$ | 170,194 | | |
$ | 721,458 | |
| Less: allowance for expected credit losses | |
| - | | |
| - | |
| Total prepayments and other receivables, net | |
$ | 170,194 | | |
$ | 721,458 | |
| (1) | The prepaid expenses represent the expenses prepaid and subject to amortization over the service period. | | | | | (2) | Others includes the advances to employees for business purpose and other prepayments. |
|