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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Jun. 30, 2025
Current Assets    
Cash $ 10,986,421 $ 14,533,829
Restricted cash 2,097,225 3,118,067
Notes receivable 43,822 32,548
Accounts receivable 39,299 396,744
Advances to suppliers 8,326,920 1,084
Prepaid expenses 68,968 52,068
Total current assets 21,562,655 18,134,340
Non-Current Assets    
Right-of-use assets 59,144 84,370
Other long-term assets - deposits 10,192
Total non-current assets 59,144 94,562
Total Assets 21,621,799 18,228,902
Current Liabilities    
Loans from third parties 2,955,000 999,940
Deferred revenue 45,691
Accounts payable 400,874 701,080
Lease liabilities - current 59,144 53,286
Taxes payable 3,325,035 3,250,473
Judgment debt payable 150,000 488,586
Class action settlement 8,850,000
Accrued expenses and other current liabilities 1,085,178 1,256,969
Total current liabilities 17,555,937 7,274,565
Non-Current Liabilities    
Loans from third parties 466,321 466,321
Lease liabilities - non-current 31,084
Total non-current liabilities 466,321 497,405
Total liabilities 18,022,258 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 December 31, 2025 and June 30, 2025, respectively
Common share, 50,000,000 shares authorized, no par value; 7,293,492 and 4,203,492 shares issued and outstanding as of December 31, 2025 and June 30, 2025, respectively 107,621,633 105,333,048
Additional paid-in capital 2,334,962 2,334,962
Accumulated deficits (104,737,458) (94,597,445)
Accumulated other comprehensive losses (561,530) (596,914)
Total Shareholders’ Equity attributable to controlling shareholders of the Company 4,657,607 12,473,651
Non-controlling Interest (1,058,066) (2,016,719)
Total Equity 3,599,541 10,456,932
Total Liabilities and Equity 21,621,799 18,228,902
Related Party    
Current Liabilities    
Due to related parties $ 685,015 $ 524,231