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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2018
Jun. 30, 2018
Current assets    
Cash $ 2,454,226 $ 7,098,259
Accounts receivable, less allowance for doubtful accounts of $3,080,328 and $1,682,228 as of December 31, 2018 and June 30, 2018, respectively 12,148,934 8,428,853
Other receivables, less allowance for doubtful accounts of $145,186 and $145,176 as of December 31, 2018 and June 30, 2018, respectively 35,040 69,239
Advances to suppliers-third parties 934,824 704,878
Advances to suppliers-related party 3,414,619
Prepaid expense and other current assets 354,969 588,439
Due from related party 1,105,775 2,087,994
Total Current Assets 17,033,768 22,392,281
Property and equipment, net 900,455 956,429
Intangible assets, net 121,389 153,056
Prepaid expenses 1,267,005 1,878,258
Other long-term assets - deposits 3,048,586 143,303
Deferred tax assets, net 755,000 634,500
Total Assets 23,126,203 26,157,827
Current Liabilities    
Advances from customers 126,395 415,385
Accounts payable 770,077 3,225,661
Taxes payable 3,015,104 2,700,619
Accrued expenses and other current liabilities 594,082 280,888
Total current liabilities 4,505,658 6,622,553
Total liabilities 4,505,658 6,622,553
Commitments and Contingencies
Equity    
Preferred stock, 2,000,000 shares authorized, no par value, none issued
Common stock, 50,000,000 shares authorized, no par value; 15,421,200 and 13,271,032 shares issued as of December 31, 2018 and June 30, 2018, respectively; 15,245,703 and 13,095,535 outstanding as of December 31, 2018 and June 30, 2018, respectively 25,791,830 23,717,330
Additional paid-in capital 2,045,657 1,755,573
Treasury stock, at cost, 175,497 shares as of December 31, 2018 and June 30, 2018 (417,538) (417,538)
Accumulated deficit (3,225,590) (434,856)
Accumulated other comprehensive loss (894,641) (272,407)
Total Sino-Global Shipping America Ltd. Stockholders' Equity 23,299,718 24,348,102
Non-controlling Interest (4,679,173) (4,812,828)
Total Equity 18,620,545 19,535,274
Total Liabilities and Equity $ 23,126,203 $ 26,157,827