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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (13,065,903) $ (5,980,776) $ (6,618,209)
Adjustments to reconcile net loss to net cash used in operating activities:      
Write-downs for inventory 319,413 894,005 161,495
(Reversal of provision)/Provision for credit losses (43,539) 292,480 38,943
Reserve for warranty costs 327,605
Depreciation of property and equipment 301,159 542,398 446,335
Amortization of right-of-use assets 160,401 210,551 228,237
Share-based compensation expense 1,800,000
Fair value change of long-term investment (336,325)
Fair value change in derivative liability (328,581)
Amortization of debt issuance costs 57,170 97,133 46,924
Loss/(gain) on disposal of property and equipment 45,241 (1,728)
Impairment of long-lived assets 46,185 200,841
Interest expenses from convertible debt 12,546
Issuance of convertible debt to settle accrued service fees 2,518,750
Changes in operating assets and liabilities      
Accounts receivable (541,885) (2,010,852) (34,022)
Contract assets (525,151)
Inventories 324,494 465,401 (1,645,314)
Amounts due from related parties 42,321 (12,179) (17,919)
Prepaid expenses and other current assets (1,847,798) 265,299 (202,358)
Other non-current assets 30,945 14,050
Operating lease liabilities (125,997) (201,331) (238,945)
Accounts payable 2,451,497 (238,050) (18,803)
Contract liabilities (410,290) (607,761) 1,238,984
Amounts due to related parties 276,646 22,622 13,300
Accrued expenses and other payables 2,616,766 (161,850) 1,694,652
Net cash used in operating activities (5,894,330) (6,223,797) (4,892,650)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (13,490) (51,292) (166,170)
Proceeds from disposal of property and equipment 48,792
Purchase of long-term investments (20,000,000)
Collection of loans to third parties 68,434
Loans to third parties (791,122) (1,787,891)
Collection of loans to related parties 242,530
Net cash used in investing activities (20,687,386) (1,596,653) (166,170)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Cash inflow from reverse recapitalization 1,207,171
Proceeds from short-term borrowings 10,257,405 12,318,776 2,372,872
Repayments of short-term borrowings (9,176,219) (6,200,220) (539,389)
Repayments of long-term borrowings (71,136)
Proceeds from PIPE investments 20,000,000
Proceeds from issuance of convertible redeemable preferred shares 889,816 3,799,471
Contribution from a shareholder 143,810
Contribution from a non-controlling interest shareholder 140,934
Contribution from a redeemable non-controlling interest shareholder 2,768,243
Loans provided by third parties 762,395
Repayment of loans provided by third parties (77,373)
Loans provided by related parties 4,080,069 130,107 632,766
Repayment of loans provided by related parties (1,969,916) (551,533) (38,910)
Payments for issuance costs of PIPE investments (50,000)
Payments for listing expenses (376,873) (553,621) (50,000)
Payments for issuance costs for convertible redeemable preferred shares (124,684)
Payments for issuance costs of short-term borrowings and convertible debt (65,054) (86,718)
Net cash provided by financing activities 24,656,659 8,736,514 6,179,016
Effect of exchange rate changes 38,421 (7,679) (128,847)
Net change in cash and restricted cash (1,886,636) 908,385 991,349
Cash and restricted cash, at beginning of the period 1,984,374 1,075,989 84,640
Cash and restricted cash, at end of the period 97,738 1,984,374 1,075,989
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO THE CONSOLIDATED BALANCE SHEET      
Cash 90,758 1,977,494 172,703
Restricted cash 6,980 6,880 903,286
Total cash and restricted cash 97,738 1,984,374 1,075,989
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Income tax paid
Interest paid 262,370 258,380 46,784
Cash paid for amounts included in the measurement of lease liabilities 139,253 217,619 275,890
NON-CASH FINANCING ACTIVITIES      
Accrued payments for issuance costs for PIPE investments 1,850,000
Issuance of convertible redeemable preferred shares converted from convertible debt 733,433
Accretion of change in fair value of non-controlling interests subject to possible redemption 1,851,388
Issuance of convertible debt to settle accrued service fees 2,518,750
Non-cash offset between loans to third parties and amounts due to related parties $ 2,142,799