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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2024
Jun. 30, 2024
Current assets    
Cash $ 14,608,525 $ 14,641,967
Restricted cash 3,132,383 3,094,092
Cryptocurrencies
Accounts receivable, net 622,778 267,165
Other receivables, net 624 612
Advances to suppliers - third parties 54 51
Prepaid expenses and other current assets 242,257 243,636
Total Current Assets 18,606,621 18,247,523
Property and equipment, net 165,914 183,639
Right-of-use assets 56,870 98,327
Other long-term assets – deposits 96,941 198,550
Total Assets 18,926,346 18,728,039
Current Liabilities    
Deferred revenue 68,019 66,423
Accounts payable 1,170,929 566,770
Lease liabilities – current 153,365 177,263
Taxes payable 3,320,624 3,206,893
Due to related party 233,023 225,031
Accrued expenses and other current liabilities 1,705,752 1,037,187
Total current liabilities 6,715,146 5,343,001
Lease liabilities - noncurrent 91,122 131,355
Total liabilities 6,806,268 5,474,356
Commitments and Contingencies
Equity    
Preferred stock, 2,000,000 shares authorized, no par value, no shares issued and outstanding as of September 30, 2024 and June 30, 2024, respectively
Common stock, 50,000,000 shares authorized, no par value; 3,503,492 and 17,715,526 shares issued and outstanding as of September 30, 2024 and June 30,2024, respectively 104,192,048 104,192,048
Additional paid-in capital 2,334,962 2,334,962
Accumulated deficit (91,646,755) (90,684,966)
Accumulated other comprehensive income 49,007 159,272
Total Stockholders’ Equity attributable to controlling shareholders of the Company 14,929,262 16,001,316
Non-controlling Interest (2,809,184) (2,747,633)
Total Equity 12,120,078 13,253,683
Total Liabilities and Equity 18,926,346 18,728,039
Related Party    
Current Liabilities    
Accounts payable – related party $ 63,434 $ 63,434