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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Dec. 31, 2021
Jun. 30, 2021
Current assets    
Cash $ 51,401,410 $ 44,837,317
Cryptocurrencies 211,211 261,338
Accounts receivable, net 65,990 113,242
Other receivables, net 3,492,832 2,558
Advances to suppliers - third parties 450,239 880,000
Prepaid expenses and other current assets 148,878 341,992
Due from related party, net 1,772,677 430,902
Total Current Assets 57,543,237 46,867,349
Property and equipment, net 1,060,774 757,257
Right-of-use assets 1,545,550 417,570
Other long-term assets - deposits 133,912 115,971
Loan receivable-related parties 4,762,635 4,644,969
Investment in unconsolidated entity 210,010
Total Assets 65,256,118 52,803,116
Current Liabilities    
Deferred revenue 72,095 471,516
Accounts payable 540,427 574,857
Lease liabilities - current 525,942 192,044
Taxes payable 3,638,541 3,572,419
Accrued expenses and other current liabilities 634,254 529,777
Loan payable - current   3,035
Total current liabilities 5,411,259 5,343,648
Lease liabilities - noncurrent 1,034,756 237,956
Loan payable-noncurrent   152,370
Convertible notes 10,000,000
Total liabilities 16,446,015 5,733,974
Commitments and Contingencies
Equity    
Preferred stock, 2,000,000 shares authorized, no par value, no shares issued and outstanding as of December 31, 2021 and June 30, 2021, respectively
Common stock, 50,000,000 shares authorized, no par value; 17,652,113 and 4,438,788 shares issued and outstanding as of December 31, 2021 and June 30,2021, respectively* [1] 90,424,008 82,555,700
Additional paid-in capital 2,334,962 2,334,962
Accumulated deficit (41,953,051) (30,244,937)
Accumulated other comprehensive loss (843,226) (625,449)
Total Stockholders' Equity attributable to controlling shareholders of the Company 49,962,693 54,020,276
Non-controlling Interest (1,152,590) (6,951,134)
Total Equity 48,810,103 47,069,142
Total Liabilities and Equity $ 65,256,118 $ 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.