3. ACCOUNTS RECEIVABLE, NET
Accounts receivable, net, consists of the following:
| | |
As of | |
| | |
December 31, 2025 | | |
June 30, 2025 | |
| Accounts receivable | |
$ | 27,356 | | |
$ | 346,152 | |
| Less: allowance for expected credit losses | |
| (1,368 | ) | |
| (17,308 | ) |
| Accounts receivable, net | |
$ | 25,988 | | |
$ | 328,844 | |
The movement of allowance for expected credit losses consists of
the following:
| | |
For the six months ended
December 31, | |
| | |
2025 | | |
2024 | |
| Balance at beginning of the period | |
$ | 17,308 | | |
$ | 9,117 | |
| (Reversal of) Allowance for expected credit loss | |
| (16,062 | ) | |
| 4,512 | |
| Exchange rate difference | |
| 122 | | |
| (116 | ) |
| Balance at end of the period | |
$ | 1,368 | | |
$ | 13,513 | |
|