Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Jun. 30, 2023
Current assets:
Cash and cash equivalents	$ 5,241,868	$ 12,241,286
Short-term investments	27,507,884	26,728,313
Accounts receivable	13,445,440	8,949,802
Advance to vendors	110,666	53,875
Other receivables, prepaid expenses, and other current assets	136,534	51,125
Inventories, net	1,159,955	3,741,637
Prepaid income taxes	124,583	0
Loan to an employee	93,103	91,057
Total current assets	47,820,033	51,857,095
Property and equipment, net	96,539	101,088
Intangible assets, net	1,764,589	2,180,884
Deferred tax assets, non-current	2,501,707	2,235,515
Goodwill	273,285	273,285
Right of use assets	0	152,665
Other assets	138,606	126,546
TOTAL ASSETS	52,594,759	56,927,078
Current liabilities:
Accounts payable	9,081,306	12,950,497
Income tax payable	0	6,556
Contract liabilities	246,056	117,351
Advance from customers	13,213	29,137
Accrued legal contingency expense	2,400,000	2,400,000
Accrued liabilities	1,221,793	849,605
Lease liabilities, current	0	159,104
Total current liabilities	12,962,368	16,512,250
Total liabilities	12,962,368	16,512,250
Commitments and contingencies (Note 6)
Parent Company stockholders’ equity
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; none issued and outstanding as of December 31, and June 30, 2023	0	0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 11,784,280 shares issued and outstanding as of December 31, and June 30, 2023, respectively	14,263	14,263
Additional paid-in capital	14,576,976	14,438,196
Retained earnings	28,078,914	29,101,225
Treasury stock, 2,549,208 shares as of December 31, and June 30, 2023	(3,554,893)	(3,554,893)
Accumulated other comprehensive loss	(1,006,287)	(1,071,930)
Total Parent Company stockholders’ equity	38,108,973	38,926,861
Noncontrolling interests	1,523,418	1,487,967
Total stockholders’ equity	39,632,391	40,414,828
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 52,594,759	$ 56,927,078