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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
3 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net income $ 165,501 $ 28,973
Adjustment to reconcile net income to net cash provided by (used in) operating activities    
Depreciation and amortization 55,560 27,575
Amortization of stock-based compensation to consultants 71,689 0
(Recovery of) provision for doubtful accounts (147) 108
Deferred tax benefit (28,900) (22,500)
Changes in assets and liabilities    
(Increase) decrease in advances to suppliers (20,130) 101,992
(Increase) decrease in accounts receivable (477,001) 236,660
Increase in other receivables (296,828) (375,498)
Increase in prepaid expenses (113,060) (558)
Decrease in employee loan receivables 0 5,338
Increase in other long-term assets (12,130) (7,522)
Decrease (increase) in due from related parties 1,174,234 (612,000)
Increase (decrease) in advances from customers 124,704 (407,030)
Decrease in accounts payable (156,245) (33,359)
(Decrease) increase in accrued expenses (35,808) 76,096
(Decrease) increase in other current liabilities 72,913 (48,909)
Net cash provided by (used in) operating activities 524,352 (1,030,634)
Investing Activities    
Acquisitions of property and equipment (15,339) (3,399)
Collection of short-term loan from related party 1,119,241 0
Net cash provided by (used in) investing activities 1,103,902 (3,399)
Financing Activities    
Proceeds from issuance of common stock, net 967,820 0
Net cash provided by financing activities 967,820 0
Effect of exchange rate fluctuations on cash and cash equivalents 54,582 (28,261)
Net increase (decrease) in cash and cash equivalents 2,650,656 (1,062,294)
Cash and cash equivalents at beginning of period 902,531 3,048,831
Cash and cash equivalents at end of period 3,553,187 1,986,537
Supplemental information:    
Income taxes paid 8,104 7,949
Non-cash transactions of operating activities:    
Common stock issued for LSM acquisition and stock-based compensation to consultants $ 755,500 $ 0