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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Operating Activities    
Net loss $ (748,456) $ (1,748,624)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 414,708
Depreciation and amortization 83,719 154,577
Non-cash lease expense 37,918 40,426
Provision for doubtful accounts, net of recovery 18,353 889,078
Impairment loss of fixed assets and intangible asset   327,632
Changes in assets and liabilities    
Notes receivable   386,233
Accounts receivable 13,664 2,159,346
Other receivables (114,571) (5,389,083)
Advances to suppliers - third parties (8,678) 67,902
Prepaid expenses and other current assets 19,171 81,209
Other long-term assets - deposits (52,243) 90,016
Due from related parties 100,000 372,500
Deferred revenue 758 (1,525)
Accounts payable 67,788 141,114
Taxes payable 51,265 (443,828)
Lease liabilities (18,855) (39,201)
Accrued expenses and other current liabilities 152,690 (172,838)
Net cash used in operating activities (397,477) (2,670,358)
Investing Activities    
Acquisition of property and equipment (4,538)
Net cash used in investing activities   (4,538)
Financing Activities    
Proceeds from issuance of common stock 1,111,069  
Net cash provided by financing activities 1,111,069  
Effect of exchange rate fluctuations on cash 179,015 (326,316)
Net increase (decrease) in cash 892,607 (3,001,212)
Cash at the beginning of period 131,182 3,142,650
Cash at the end of period $ 1,023,789 141,438
Supplemental information    
Income taxes paid   35,191
Interest paid   $ 11,116