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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2020
Jun. 30, 2020
Current assets    
Cash $ 4,473,000 $ 131,182
Accounts receivable, net 1,262,138 1,155,948
Other receivables, net 583,916 51,034
Advances to suppliers - third parties 80,804 48,875
Prepaid expenses and other current assets 63,125 90,382
Due from related party, net 345,898 435,898
Total Current Assets 6,808,881 1,913,319
Property and equipment, net 424,326 523,290
Right-of-use assets 224,950 300,114
Intangible assets, net 26,389
Other long-term assets - deposits 3,204,323 2,974,990
Total Assets 10,662,480 5,738,102
Current Liabilities    
Deferred revenue 470,996 67,083
Accounts payable 564,495 487,692
Lease liabilities - current 166,572 204,391
Taxes payable 3,561,551 3,280,348
Accrued expenses and other current liabilities 855,188 1,643,319
Loan payable - current 132,468 126,032
Total current liabilities 5,751,270 5,808,865
Lease liabilities - noncurrent 78,660 132,699
Loan payable - noncurrent 148,002 154,438
Total liabilities 5,977,932 6,096,002
Commitments and Contingencies
Equity (Deficiency)    
Preferred stock, 2,000,000 shares authorized, no par value, 860,000 and nil shares issued and outstanding as of December 31, 2020 and June 30, 2020, respectively 1,427,600
Common stock, 50,000,000 shares authorized, no par value; 5,998,788 and 3,718,788 shares issued and outstanding as of December 3, 2020 and June 30, 2020, respectively* [1] 33,788,522 28,414,992
Additional paid-in capital 2,334,962 2,334,962
Subscription receivable (59,869)
Accumulated deficit (25,258,304) (23,421,594)
Accumulated other comprehensive loss (656,914) (1,084,030)
Total Sino-Global Shipping America Ltd. Stockholders' Equity 11,635,866 6,184,461
Non-controlling Interest (6,951,318) (6,542,361)
Total Equity (Deficiency) 4,684,548 (357,900)
Total Liabilities and Equity (Deficiency) $ 10,662,480 $ 5,738,102
[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.