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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (584,508) $ 1,839,147
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization expenses 705 718
Stock compensation expenses 332,592
Gain on disposal of subsidiaries (1,859,207)
Changes in operating assets and liabilities:    
Accounts receivable 15,485
Accounts receivable - related party 1,226,980
Note receivable 160,504
Deposit and prepayments 123,404 (211,480)
Deposit and prepayments- related party (312,000)
Other receivables (1,221) (16,254)
Inventory 682,982
Accounts payable (142,981) (34,405)
Accounts payable - related party (903,728)
Accrued liabilities and other payables 14,216 5,620
Deferred revenue (59,224) (782,891)
Tax payables (5,791)
Net cash used in operating activities (129,776) (381,561)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from related parties 77,426 409,169
Repayment to related parties (46,031) (739,861)
Net cash provided by (used in) continuing operations 31,395 (330,692)
Effect of exchange rate change on cash and cash equivalents 781 (115,731)
NET DECREASE IN CASH & CASH EQUIVALENTS (97,600) (827,984)
CASH & CASH EQUIVALENTS, BEGINNING OF THE PERIOD 310,859 899,567
CASH & CASH EQUIVALENTS, END OF THE PERIOD 213,259 71,583
Supplemental Cash Flows Information:    
Cash paid for income tax
Cash paid for interest $ 7,965 $ 6,486