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Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Jun. 30, 2021
Current assets    
Cash $ 42,948,874 $ 44,837,317
Cryptocurrencies 261,338 261,338
Accounts receivable, net 52,332 113,242
Other receivables, net 131,265 2,558
Advances to suppliers - third parties 306,205 880,000
Prepaid expenses and other current assets 229,029 341,992
Due from related party, net 1,902,624 430,902
Total Current Assets 45,831,667 46,867,349
Property and equipment, net 1,175,278 757,257
Right-of-use assets 1,683,494 417,570
Other long-term assets - deposits 135,117 115,971
Loan receivable-related parties 4,653,587 4,644,969
Investment in unconsolidated entity 210,010  
Total Assets 53,689,153 52,803,116
Current Liabilities    
Deferred revenue 71,391 471,516
Accounts payable 531,224 574,857
Lease liabilities - current 510,629 192,044
Taxes payable 3,586,288 3,572,419
Accrued expenses and other current liabilities 513,474 529,777
Loan payable - current 3,063 3,035
Total current liabilities 5,216,069 5,343,648
Lease liabilities - noncurrent 1,194,156 237,956
Loan payable - noncurrent 150,566 152,370
Total liabilities 6,560,791 5,733,974
Commitments and Contingencies
Equity    
Preferred stock, 2,000,000 shares authorized, no par value, no shares issued and outstanding as of September 30, 2021 and June 30, 2021, respectively
Common stock, 50,000,000 shares authorized, no par value; 16,152,113 and 4,438,788 shares issued and outstanding as of September 30, 2021 and 2020, respectively [1] 85,483,100 82,555,700
Additional paid-in capital 2,334,962 2,334,962
Accumulated deficit (33,099,949) (30,244,937)
Accumulated other comprehensive loss (562,725) (625,449)
Total Sino-Global Shipping America Ltd. Stockholders' Equity 54,155,388 54,020,276
Non-controlling Interest (7,027,026) (6,951,134)
Total Equity 47,128,362 47,069,142
Total Liabilities and Equity $ 53,689,153 $ 52,803,116
[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.