XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOW FROM OPERATING ACTIVITIES:    
Net income $ 550,536 $ 648,656
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 8,243 7,859
Amortization of intangible assets 198,296 253,995
Loss (gain) from foreign currency transactions 329,972 (512,311)
Stock based compensation 0 87,384
Forgiveness of debts (15,650) (247,592)
Net change of right use assets and lease liabilities (6,018) (5,843)
Deferred tax benefit 0 47,080
Change in assets and liabilities:    
Accounts receivable (5,487,322) (634,081)
Inventories 1,358,115 (1,127,477)
Other current assets 15,387 75,735
Advance payments to vendors (56,180) (64,493)
Accounts payable 1,521,184 3,550,907
Contract liabilities and advance from customers (9,380) 11,580
Income tax payable 30,870 0
Accrued liabilities 73,039 579,501
Net cash (used in) provided by operating activities (1,488,908) 2,670,900
CASH FLOW FROM INVESTING ACTIVITIES:    
Proceeds (purchases) of short-term investments 197,386 (291,869)
Purchases of property and equipment (904) (21,544)
Payments for capitalized product development costs and intangible assets (53,167) (21,372)
Net cash provided by (used in) investing activities 143,315 (334,785)
Effect of foreign currency translation (15,456) 15,391
Net (decrease) increase in cash and cash equivalents (1,361,049) 2,351,506
Cash and cash equivalents, beginning of year 14,741,173 12,266,556
Cash and cash equivalents, end of year 13,380,124 14,618,062
Cash paid during the periods for:    
Income taxes $ (41,400) $ (800)