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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2019
Jun. 30, 2019
Current assets    
Cash $ 119,667 $ 3,142,650
Notes receivable 383,792
Accounts receivable, net 4,330,551 7,045,846
Other receivables 10,316,228 4,335,715
Advances to suppliers-third parties 193,450 124,140
Prepaid expenses and other current assets 94,912 105,054
Due from related party, net 435,898 807,965
Total Current Assets 15,490,706 15,945,162
Property and equipment, net 666,280 989,910
Right-of-use assets 384,794
Intangible assets, net 58,056 89,722
Prepaid expenses 150,412 519,503
Other long-term assets - deposits 3,005,589 3,054,706
Total Assets 19,755,837 20,599,003
Current Liabilities    
Advances from customers 74,912 68,590
Accounts payable 510,667 567,619
Lease liabilities - current 155,820
Taxes payable 3,157,711 3,184,895
Accrued expenses and other current liabilities 1,190,518 1,418,129
Total current liabilities 5,089,628 5,239,233
Lease liabilities - noncurrent 230,262
Total liabilities 5,319,890 5,239,233
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; 17,289,537 and 16,054,534 shares issued as of December 31, 2019 and June 30, 2019, respectively; 17,289,537 and 15,879,037 shares outstanding as of December 31, 2019 and June 30, 2019, respectively 27,308,992 26,523,830
Additional paid-in capital 2,299,823 2,066,906
Treasury stock, at cost, 0 and 175,497 shares as of December 31, 2019 and June 30, 2019, respectively (417,538)
Accumulated deficit (9,003,386) (6,968,700)
Accumulated other comprehensive loss (967,302) (671,106)
Total Sino-Global Shipping America Ltd. Stockholders' Equity 19,638,127 20,533,392
Non-controlling Interest (5,202,180) (5,173,622)
Total Equity 14,435,947 15,359,770
Total Liabilities and Equity $ 19,755,837 $ 20,599,003