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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2022
Jun. 30, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 16,180,701 $ 16,072,955 [1]
Accounts receivable, net 1,007,455 1,070,541 [1]
Accounts receivable - related parties 2,346,570 2,038,054 [1]
Inventories 2,288,099 1,951,792 [1]
Prepaid income tax and tax receivable 705,827 747,343 [1]
Investments, at fair value 2,940,930 1,828,926
Other current assets 948,369 399,524 [1]
Total current assets 26,417,951 24,109,135 [1]
Restricted cash 13,913 13,989 [1]
Total property and equipment, net 1,559,152 1,573,445 [1]
Operating lease right-of-use asset 1,562,908 1,058,199 [1]
Goodwill 1,043,473 1,043,473 [1]
Intangible assets, net 2,105,053 2,341,803 [1]
Deferred tax assets, net - United States 827,476 827,476 [1]
Other assets, long - term 540,160 540,160 [1]
Total assets 34,070,086 31,507,680 [1]
CURRENT LIABILITIES    
Accounts payable and accrued expenses 2,874,286 3,862,874 [1]
Expense waivers – related parties 17,793 69,684 [1]
Operating lease liabilities, current portion 680,223 513,071 [1]
Notes payable - related parties 603,500 603,500 [1]
Loans - property and equipment, current portion 35,896 15,094 [1]
Total current liabilities 4,211,698 5,064,223 [1]
LONG TERM LIABILITIES    
Loans - property and equipment, net of current portion 491,420 379,804 [1]
Operating lease liabilities, net of current portion 935,355 607,560 [1]
Deferred tax liabilities, net - foreign 169,429 169,429 [1]
Total long-term liabilities 1,596,204 1,156,793 [1]
Total liabilities 5,807,902 6,221,016 [1]
STOCKHOLDERS' EQUITY    
Preferred stock, $0.001 par value; 50,000,000 authorized Series B: 49,360 issued and outstanding at September 30, 2021 and at June 30, 2021 49 49 [1]
Common stock, $0.001 par value; 900,000,000 shares authorized; 39,383,459 shares issued and outstanding at March 31, 2022 and 37,485,959 at June 30, 2021 39,383 37,486 [1]
Additional paid-in capital 12,313,206 9,330,843 [1]
Accumulated other comprehensive income 121,365 142,581 [1]
Retained earnings 15,788,181 15,775,705 [1]
Total stockholders' equity 28,262,184 25,286,664 [1]
Total liabilities and stockholders' equity $ 34,070,086 $ 31,507,680 [1]
[1] Derived from audited financial statements