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Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2023
Jun. 30, 2022
Current assets    
Cash $ 17,390,156 $ 55,833,282
Cryptocurrencies 72,179 90,458
Accounts receivable, net 198,553 108,381
Other receivables, net 76,814 25,057
Advances to suppliers - third parties 128,032 36,540
Advances to suppliers - related party 6,153,546
Prepaid expenses and other current assets 252,047 365,913
Due from related party 74,935
Loan receivable-related parties,net 552,285
Total Current Assets 18,192,716 63,165,462
Property and equipment, net 426,343 548,956
Right-of-use assets 381,982 732,744
Other long-term assets - deposits 236,766 237,749
Investment in unconsolidated entity 162,829
Total Assets 19,237,807 64,847,740
Current Liabilities    
Deferred revenue 66,531 6,955,577
Refund payable 13,000,000
Accounts payable 494,329 508,523
Accounts payable – related party 63,434 63,434
Lease liabilities - current 330,861 471,976
Taxes payable 3,334,958 3,457,177
Due to related party 104,962
Accrued expenses and other current liabilities 636,694 756,272
Total current liabilities 5,031,769 25,212,959
Lease liabilities - noncurrent 245,171 846,871
Convertible notes 5,000,000 5,000,000
Total liabilities 10,276,940 31,059,830
Commitments and Contingencies
Equity    
Preferred stock, 2,000,000 shares authorized, no par value, no shares issued and outstanding as of June 30, 2023 and June 30, 2022, respectively
Common stock, 50,000,000 shares authorized, no par value; 17,715,526 and 22,244,333 shares issued and outstanding as of June 30, 2023 and June 30,2022, respectively 94,332,048 96,127,691
Additional paid-in capital 2,334,962 2,334,962
Accumulated deficit (85,576,438) (62,579,592)
Accumulated other comprehensive income 90,236 45,739
Total Stockholders’ Equity attributable to controlling shareholders of the Company 11,180,808 35,928,800
Non-controlling Interest (2,219,941) (2,140,890)
Total Equity 8,960,867 33,787,910
Total Liabilities and Equity $ 19,237,807 $ 64,847,740