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Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Jun. 30, 2023
Current assets    
Cash $ 14,641,967 $ 17,390,156
Restricted cash 3,094,092
Cryptocurrencies 72,179
Accounts receivable, net 267,165 198,553
Other receivables, net 612 76,814
Advances to suppliers - third parties 51 128,032
Prepaid expenses and other current assets 243,636 252,047
Total Current Assets 18,247,523 18,192,716
Property and equipment, net 183,639 426,343
Right-of-use assets 98,327 381,982
Other long-term assets – deposits 198,550 236,766
Total Assets 18,728,039 19,237,807
Current Liabilities    
Deferred revenue 66,423 66,531
Accounts payable 566,770 494,329
Lease liabilities – current 177,263 330,861
Taxes payable 3,206,893 3,334,958
Due to related party 225,031 104,962
Accrued expenses and other current liabilities 1,037,187 636,694
Total current liabilities 5,343,001 5,031,769
Lease liabilities - noncurrent 131,355 245,171
Convertible notes 5,000,000
Total liabilities 5,474,356 10,276,940
Commitments and Contingencies
Equity    
Preferred stock, 2,000,000 shares authorized, no par value, no shares issued and outstanding as of June 30, 2024 and June 30, 2023, respectively
Common stock, 50,000,000 shares authorized, no par value; 3,503,492 and 17,715,526 shares issued and outstanding as of June 30, 2024 and June 30,2023, respectively 104,192,048 94,332,048
Additional paid-in capital 2,334,962 2,334,962
Accumulated deficit (90,684,966) (85,576,438)
Accumulated other comprehensive income 159,272 90,236
Total Stockholders’ Equity attributable to controlling shareholders of the Company 16,001,316 11,180,808
Non-controlling Interest (2,747,633) (2,219,941)
Total Equity 13,253,683 8,960,867
Total Liabilities and Equity 18,728,039 19,237,807
Related Party    
Current assets    
Due from related party 74,935
Current Liabilities    
Accounts payable – related party $ 63,434 $ 63,434