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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2021
Jun. 30, 2020
Current assets    
Cash $ 47,784,277 $ 131,182
Cryptocurrencies 153,205
Accounts receivable, net 137,835 1,155,948
Other receivables, net 580,268 51,034
Advances to suppliers - third parties 612,860 48,875
Prepaid expenses and other current assets 226,836 90,382
Due from related party, net 435,898
Total Current Assets 49,495,281 1,913,319
Property and equipment, net 1,268,938 523,290
Right-of-use assets 381,743 300,114
Intangible assets, net 26,389
Other long-term assets - deposits 3,242,613 2,974,990
Total Assets 54,388,575 5,738,102
Current Liabilities    
Deferred revenue 470,797 67,083
Accounts payable 673,054 487,692
Lease liabilities - current 193,799 204,391
Taxes payable 3,515,438 3,280,348
Accrued expenses and other current liabilities 719,297 1,643,319
Loan payable - current 8,660 126,032
Total current liabilities 5,581,045 5,808,865
Lease liabilities - noncurrent 212,366 132,699
Loan payable - noncurrent 147,240 154,438
Total liabilities 5,940,651 6,096,002
Commitments and Contingencies
Equity (Deficiency)    
Preferred stock, 2,000,000 shares authorized, no par value, no shares issued and outstanding as of March 31, 2021 and June 30, 2020, respectively
Common stock, 50,000,000 shares authorized, no par value; 14,961,999 and 3,718,788 shares issued and outstanding as of March 31, 202 and June 30, 2020, respectively* [1] 82,555,700 28,414,992
Additional paid-in capital 2,334,962 2,334,962
Subscription receivable (59,869)
Accumulated deficit (28,739,565) (23,421,594)
Accumulated other comprehensive loss (733,247) (1,084,030)
Total Sino-Global Shipping America Ltd. Stockholders' Equity 55,417,850 6,184,461
Non-controlling Interest (6,969,926) (6,542,361)
Total Equity (Deficiency) 48,447,924 (357,900)
Total Liabilities and Equity (Deficiency) $ 54,388,575 $ 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.