Consolidated Balance Sheets - USD ($)	Jun. 30, 2019	Jun. 30, 2018
Current assets:
Cash and cash equivalents	$ 6,447,505	$ 11,975,944
Certificates of deposit account	5,380,226	0
Accounts receivable	4,138,469	7,907,117
Other receivables, net	40,807	125,144
Inventories, net	1,052,740	1,615,332
Prepaid expenses and other current assets	28,042	19,034
Prepaid income taxes	0	28,240
Advance payments to vendors	51,340	78,696
Total current assets	17,139,129	21,749,507
Property and equipment, net	131,879	124,072
Intangible assets, net	1,109,911	996,708
Deferred tax assets, non-current	2,282,975	1,853,429
Goodwill	273,285	273,285
Other assets	258,097	139,637
TOTAL ASSETS	21,195,276	25,136,638
Current liabilities:
Accounts payable	5,672,514	7,609,585
Income tax payable	654	3,750
Advance payments from customers	0	228,598
Accrued liabilities	247,658	259,348
Total current liabilities	5,920,826	8,101,281
Total liabilities	5,920,826	8,101,281
Parent Company stockholders' equity:
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of June 30, 2019 and 2018	0	0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,570,203 shares issued and outstanding as of June 30, 2019 and 2018, respectively	13,972	13,972
Additional paid-in capital	7,442,272	7,442,272
Retained earnings	12,477,441	13,753,565
Treasury stock, 3,472,286 shares as of June 30, 2019 and 2018	(4,513,479)	(4,513,479)
Accumulated other comprehensive loss	(634,802)	(581,983)
Total Parent Company stockholders' equity	14,785,404	16,114,347
Non-controlling interests	489,046	921,010
Total stockholders' equity	15,274,450	17,035,357
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 21,195,276	$ 25,136,638