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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 income $ 3,819,813 $ 8,590,761 $ 4,094,161
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation and amortization 1,155,390 898,505 983,206
Amortization of right-of-use assets 407,029 425,882 413,737
Provision for credit losses 20,123
Plant, equipment and intangible asset written off 180,361 3,695 1,738
Unrealized gain on short-term investments (14,742)
Share of net loss from equity investees 25,955 4,594 23,982
Changes in operating assets and liabilities:      
Accounts receivable 755,819 5,521,910 (5,531,296)
Advanced to suppliers 384,592 2,089,822 (5,496,426)
Prepaid expenses and other current assets (1,050,430) 688,566 (319,561)
Accounts payable (2,453,851) (12,919,042) 8,983,742
Accrued expenses and other current liabilities 337,029 (250,405) (1,348,564)
Contract liabilities (992,919) (150,533) 1,112,621
Lease liabilities (390,432) (430,453) (413,737)
Taxes payable 31,621 (11,124) (31,031)
NET CASH PROVIDED BY OPERATING ACTIVITIES 2,215,358 4,462,178 2,472,572
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchase of plant and equipment (37,619) (104,641) (15,344)
Purchase of intangible assets (921,316) (302,704) (3,642,683)
Payments made for short-term investments, net (1,320,776)
Proceeds from disposal of equity investments 2,206,111
NET CASH USED IN INVESTING ACTIVITIES (2,279,711) (407,345) (1,451,916)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net cash paid on reverse recapitalization (2,495,690)
Net cash paid for public offering (1,113,563) (1,308,598) (282,494)
Repayment made to related parties (108,142) (12,943)
Proceeds of related parties 107,986 1,320,336
Capital contribution from shareholders 2,511
Reinjection from investor for recapitalization 3,210,622
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (3,714,884) (1,200,612) 4,235,521
EFFECT OF EXCHANGE RATE CHANGE ON CASH 193,842 (52,073) (1,122,434)
Net change in cash, cash equivalents and restricted cash (3,585,395) 2,802,148 4,133,743
CASH, CASH EQUIVALENTS AND RESTRICTED CASH — beginning of year 18,820,140 16,017,992 11,884,249
CASH, CASH EQUIVALENTS AND RESTRICTED CASH — end of year 15,234,745 18,820,140 16,017,992
Reconciliation of cash and restricted cash to the consolidated balance sheets:      
Cash and cash equivalents 15,234,745 18,816,535 16,009,655
Restricted cash 3,605 8,337
Total cash, cash equivalents and restricted cash 15,234,745 18,820,140 16,017,992
Supplemental disclosures of cash flow information:      
Cash paid for income tax 130,741 177,190
Cash paid for interest 3,515 1,280
Supplemental disclosures of non-cash flow information:      
Lease liabilities arising from obtaining right-of-use assets $ 215,377 $ 721,633 $ 469,066