XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]        
Net sales $ 11,928,864 $ 17,827,098 $ 24,673,824 $ 31,150,010
Cost of goods sold (9,894,804) (14,585,036) (19,729,994) (25,836,446)
Gross profit 2,034,060 3,242,062 4,943,830 5,313,564
Operating expenses:        
Selling, general and administrative 1,208,525 1,519,593 2,578,163 2,939,566
Research and development 776,818 927,238 1,726,570 1,951,550
Total operating expenses 1,985,343 2,446,831 4,304,733 4,891,116
Income from operations 48,717 795,231 639,097 422,448
Other income (loss), net:        
Interest income 130,592 173,048 282,218 354,852
Gain from the forgiveness of accounts payable and accrued liabilities 397,164 0 412,814 247,592
Loss from foreign currency transactions (192,904) (1,008,538) (483,774) (556,591)
Other income, net 119,362 124,541 245,760 312,517
Total other income (loss), net 454,214 (710,949) 457,018 358,370
Income before provision for income taxes 502,931 84,282 1,096,115 780,818
Income tax provision 36,266 167,727 78,914 215,607
Net income (loss) 466,665 (83,445) 1,017,201 565,211
Less: noncontrolling interests in net loss of subsidiary at 33.7% (80,628) (308,804) (185,792) (175,335)
Less: noncontrolling interests in net income (loss) of subsidiary at 40.0% 13,671 (3,381) 28,893 (3,381)
Net income attributable to Parent Company $ 533,622 $ 228,740 $ 1,174,100 $ 743,927
Earnings per share attributable to Parent Company stockholders - basic $ 0.05 $ 0.02 $ 0.10 $ 0.06
Earnings per share attributable to Parent Company stockholders - diluted $ 0.05 $ 0.02 $ 0.10 $ 0.06
Weighted average common shares outstanding - basic 11,784,280 11,784,280 11,784,280 11,784,280
Weighted average common shares outstanding - diluted 11,816,519 11,838,850 11,810,463 11,823,672
Comprehensive income        
Net income $ 466,665 $ (83,445) $ 1,017,201 $ 565,211
Translation adjustments (89,174) (264,428) (175,934) (136,304)
Comprehensive income 377,491 (347,873) 841,267 428,907
Less: comprehensive loss attributable to non-controlling interest (66,957) (312,185) (156,899) (178,716)
Less: foreign exchange translation attributable to non-controlling interest (30,013) (89,000) (59,214) (45,876)
Comprehensive income attributable to controlling interest $ 474,461 $ 53,312 $ 1,057,380 $ 653,499