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Prepaid Expenses and Other Assets (Details) - USD ($)
Dec. 31, 2018
Jun. 30, 2018
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Advance to employees $ 168,737 $ 355,294
Prepaid income taxes 800
Other (including prepaid insurance, rent, listing fees) 186,232 232,345
Deposit for leasehold improvement on IT infrastructure facility [1] 421,608 438,151
Deposit for ERP [2] 218,678 437,357
Deposit for IT infrastructure [3] 626,719 1,002,750
Total 1,621,974 2,466,697
Less: current portion (354,969) (588,439)
Total noncurrent portion $ 1,267,005 $ 1,878,258
[1] The Company paid a $421,608 deposit for leasehold improvements on its IT infrastructure facility including upgrading the server room of its Shanghai office. The total project cost is approximately $580,000 and is expected to be completed in October 2019.
[2] On December 27, 2017, with the approval of the Board, the Company signed a contract with Tianjin Anboweiye Technology Ltd Co. ("Tianjin Anboweiye"), to develop a more complete ERP based on the Company's current operations and projected future growth. In March 2018, the Company paid a deposit to start phase one of the development which includes upgraded accounting and human resources modules, new order processing and customer relationship management system. The Company paid a $437,357 deposit to Tianjin Anboweiye. The total contract price for phase one amounted to RMB 4,000,000, approximately $580,000. For the three months ended December 31, 2018, the Company expensed $218,679 of software development cost incurred during the preliminary project stage, which included planning and determining the functionality of the software. The Company plans to integrate the shipping agencies business with the current ERP platform.
[3] On June 22, 2018, the Company entered into contract to improve its IT infrastructure. The total contract consideration for the services is $1.2 million and the Company paid a deposit of approximately $1.0 million. The consideration is allocated as follows: $420,000 for hardware leasing of twelve months; $480,000 for onsite services and IT consulting for a two-year period; $60,000 for operating system set up and $240,000 for continuing integration with the ERP and data management for two years. For the three months ended December 31, 2018, the Company incurred $175,481 in hardware leasing costs, $100,275 IT in consulting costs, $50,137 in system set up costs, and $50,137 for continuing integration of the ERP and data management costs.