XML 56 R45.htm IDEA: XBRL DOCUMENT v3.23.3
Segment Reporting (Tables)
12 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Schedule of Tables Present Summary Information by Segment The following tables present summary information by segment for the years ended June 30, 2023 and 2022, respectively:
   For the Year Ended June 30, 2023 
   Shipping
Agency and
Management
Services
   Freight
Logistics
Services
   Sale of
Crypto-mining
Machines
   Total 
Net revenues  $
-
   $3,806,158   $732,565   $4,538,723 
Cost of revenues  $
-
   $3,990,654   $
-
   $3,990,654 
Gross profit  $
-
   $(184,496)  $732,565   $548,069 
Depreciation and amortization  $
-
   $163,635   $713   $164,348 
Total capital expenditures  $
-
   $(38,440)  $2,852   $(35,588)
Gross margin%   
-
%   (4.85)%   100%   12.08%
   For the Year Ended June 30, 2022 
   Shipping
Agency and
Management
Services
   Freight
Logistics
Services
   Sales of
Crypto-mining
Machines
   Total 
Net revenues  $
 -
   $3,830,615   $157,800   $3,988,415 
Cost of revenues  $
-
   $4,136,474   $
-
   $4,136,474 
Gross (loss) profit  $
-
   $(305,859)  $157,800   $(148,059)
Depreciation and amortization  $
-
   $512,586   $21,052   $533,638 
Total capital expenditures  $
-
   $840,319   $34,199   $874,518 
Gross margin%   
-
%   (8.0)%   100%   (3.7)%
Schedule of Total Assets Total assets as of:
   June 30,   June 30, 
   2023   2022 
Shipping Agency and Management Services  $
-
   $
-
 
Freight Logistic Services   19,075,202    44,058,444 
Sales of crypto-mining machines   162,605    20,789,296 
Total Assets   19,237,807   $64,847,740 
Schedule of Disaggregated Information of Revenues by Geographic Locations Disaggregated information of revenues by geographic locations are as follows:
   For the Years Ended 
   June 30,   June 30, 
   2023   2022 
PRC  $2,529,449   $2,982,691 
U.S.   2,009,274    1,005,724 
Total revenues  $4,538,723   $3,988,415