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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating Activities    
Net loss $ (10,158,244) $ (1,341,665)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 36,423
Non-cash lease expense 26,783 98,227
Loss on disposal of property and equipment 1,042
Gain on disposal of subsidiaries (47,359) 1,030
Gain on disposal of ROU (354,108)
Changes in assets and liabilities    
Notes receivable (10,288)
Accounts receivable 360,397 (93,944)
Other receivables (426,492) (33,897)
Advances to suppliers (8,324,422) (13,870)
Prepaid expenses (6,106) 1,840
Other long-term assets - deposits 113,102
Deferred revenue 44,855 266
Accounts payable (311,491) 322,881
Taxes payable (2,527) 102,986
Lease liabilities (26,783) 45,590
Judgment debt payable (338,586)
Class action settlement 8,850,000
Accrued expenses and other current liabilities 303,925 1,511,975
Net cash (used in) provided by operating activities (9,877,753) 397,878
Investing Activities    
Proceeds from disposal of subsidiaries, net of cash 108,331
Net cash provided by investing activities 108,331
Financing Activities    
Advance from related party 145,294
Proceeds from issuance of common shares 2,100,000
Proceeds from third parties’ loans 2,955,000
Net cash provided by financing activities 5,200,294
Net (decrease) increase in cash and restricted cash (4,569,128) 397,878
Cash and restricted cash, beginning of period 17,651,896 17,736,059
Effect of changes of foreign exchange rate on cash and restricted cash 878 131,504
Cash and restricted cash, end of period 13,083,646 18,265,441
Representing:    
Cash, end of period 10,986,421 15,248,528
Restricted cash, end of period 2,097,225 3,016,913
Total cash and restricted cash, end of period 13,083,646 18,265,441
Supplemental information    
Income taxes paid
Interest paid
Non-cash operating activities    
Issuance of common shares for judgment debts $ 188,585