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Consolidated Balance Sheets - USD ($)
Mar. 31, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 12,802,614 $ 12,266,556
Short-term investments 25,336,723 25,191,271
Accounts receivable, net 3,004,809 1,155,060
Other receivable due from officer 1,000,000 0
Inventories, net 1,445,620 1,425,685
Other current assets 237,760 107,976
Advance payments to vendors 116,313 73,912
Total current assets 43,943,839 40,220,460
Property and equipment, net 72,569 114,939
Intangible assets, net 868,809 1,309,626
Deferred tax assets, non-current 2,966,841 3,184,240
Goodwill 273,285 273,285
Right of use assets, net 1,460,159 1,486,034
Other assets 126,232 131,245
TOTAL ASSETS 49,711,734 46,719,829
Current liabilities:    
Accounts payable 6,232,919 7,262,195
Contract liabilities and advance from customers 121,660 158,771
Accrued liabilities 3,544,972 1,425,146
Lease liabilities, current 359,198 239,727
Total current liabilities 10,258,749 9,085,839
Lease liabilities, non-current 1,119,012 1,257,992
Total liabilities 11,377,761 10,343,831
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 0 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 11,784,280 shares issued and outstanding 14,263 14,263
Additional paid-in capital 14,903,883 14,733,300
Retained earnings 25,236,350 25,137,209
Treasury stock, 2,549,208 shares (3,554,893) (3,554,893)
Accumulated other comprehensive loss (1,275,780) (1,182,825)
Total Parent Company stockholders’ equity 35,323,823 35,147,054
Non-controlling interests 3,010,150 1,228,944
Total stockholders’ equity 38,333,973 36,375,998
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 49,711,734 $ 46,719,829