XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]    
Net revenues $ 1,136,799 $ 1,786,226
Cost of revenues (1,095,226) (683,404)
Gross profit 41,573 1,102,822
Selling expenses (68,930) (130,029)
General and administrative expenses (703,434) (1,091,455)
Impairment loss of fixed assets and intangible asset   (327,632)
Provision for doubtful accounts, net of recovery 5,087,732 (889,078)
Stock-based compensation   (414,708)
Total operating expenses 4,315,368 (2,852,902)
Operating income (loss) 4,356,941 (1,750,080)
Other income, net 688 1,456
Net income (loss) before provision for income taxes 4,357,629 (1,748,624)
Income tax expense
Net income (loss) 4,357,629 (1,748,624)
Net income (loss) attributable to non-controlling interest 495,943 (121,271)
Net income (loss) attributable to Sino-Global Shipping America, Ltd. 3,861,686 (1,627,353)
Comprehensive income (loss)    
Net income (loss) 4,357,629 (1,748,624)
Other comprehensive income (loss) - foreign currency 91,082 (503,667)
Comprehensive income (loss) 4,448,711 (2,252,291)
Less: Comprehensive income attributable to non-controlling interest 306,985 21,273
Comprehensive income (loss) attributable to Sino-Global Shipping America, Ltd. $ 4,141,726 $ (2,273,564)
Earnings (Loss) per share    
Basic (in Dollars per share) [1] $ 1.01 $ (0.50)
Diluted (in Dollars per share) [1] $ 1.00 $ (0.50)
Weighted average number of common shares used in computation    
Basic (in Shares) [1] 3,828,354 3,245,083
Diluted (in Shares) [1] 3,880,236 3,245,083
[1] Shares and per share data are presented on a retroactive basis to reflect the 1-for-5 reverse stock split on July 7, 2020.