XML 62 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies (Details Textual) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Jun. 30, 2017
Jun. 30, 2016
Summary of Significant Accounting Policies (Textual)            
Cash $ 6,812,501   $ 6,812,501   $ 6,246,337 $ 1,333,713
Cash balance at U.S. financial institutions, not insured by the FDIC $ 364,722   $ 364,722   $ 2,462,792 $ 43,760
Percentage of business tax     5.00%      
VAT rate, description     Enterprises or individuals who sell commodities, engage in services or selling of goods in the PRC are subject to a value added tax ("VAT") in accordance with PRC laws. All of the Company's revenue generated in the PRC are subject to a VAT on the gross sales price. The VAT rates are 6% and 11%, depending on the type of services provided.      
Corporate tax rates effective during the period, description     Corporate tax rate decreased from 35% to 21%. Since the Company has a June 30 fiscal year-end, the U.S. statutory federal blended rate will be approximately 28% for our fiscal year ending June 30, 2018, and 21% for subsequent fiscal years.      
Percentage of construction taxes     7.00%      
Percentage of education surcharges     3.00%      
Percentage of income tax     25.00%      
Unexercised options included in the computation of diluted earnings per share 48,011 62,335 50,170 38,006    
Reclassified revenue     $ 504,815      
Reclassification of amortization of stock-based compensation     125,755      
Cost of revenue     $ 390,719      
Options [Member]            
Summary of Significant Accounting Policies (Textual)            
Unexercised options included in the computation of diluted earnings per share         38,466
Warrants [Member]            
Summary of Significant Accounting Policies (Textual)            
Unexercised options included in the computation of diluted earnings per share          
Sino-China's [Member]            
Summary of Significant Accounting Policies (Textual)            
Percentage of net income     90.00%