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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Jun. 30, 2025
Current assets    
Cash $ 17,129,323 $ 14,533,829
Restricted cash 98,153 3,118,067
Notes receivable 2,365 32,548
Accounts receivable 174,803 396,744
Advances to suppliers 60,336 1,084
Prepaid expenses 46,485 52,068
Total current assets 17,511,465 18,134,340
Right-of-use assets 71,677 84,370
Other long-term assets - deposits 10,256 10,192
Total non-current assets 81,933 94,562
Total Assets 17,593,398 18,228,902
Current Liabilities    
Loans from third parties 655,000 999,940
Deferred revenue 44,883
Accounts payable 429,485 701,080
Lease liabilities - current 56,565 53,286
Taxes payable 3,270,354 3,250,473
Judgment debt payable 188,586 488,586
Class action settlement 8,850,000
Accrued expenses and other current liabilities 957,243 1,256,969
Total current liabilities 15,049,866 7,274,565
Loans from third parties 466,321 466,321
Lease liabilities - non-current 15,112 31,084
Total non-current liabilities 481,433 497,405
Total liabilities 15,531,299 7,771,970
Commitments and Contingencies
Shareholders’ Equity:    
Preferred share, 2,000,000 shares authorized, no par value, no shares issued and outstanding as of September 30, 2025 and June 30, 2025, respectively
Common share, 50,000,000 shares authorized, no par value; 4,203,492 shares issued and outstanding as of September 30, 2025 and June 30, 2025, respectively 105,333,048 105,333,048
Additional paid-in capital 2,334,962 2,334,962
Accumulated deficits (104,071,547) (94,597,445)
Accumulated other comprehensive losses (505,450) (596,914)
Total Shareholders’ Equity attributable to controlling shareholders of the Company 3,091,013 12,473,651
Non-controlling Interest (1,028,914) (2,016,719)
Total Equity 2,062,099 10,456,932
Total Liabilities and Equity 17,593,398 18,228,902
Related Party    
Current Liabilities    
Due to related parties $ 597,750 $ 524,231