Segment Reporting (Tables)

6 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of segment reporting information

	Three Months Ended			Three Months Ended			Six Months Ended			Six Months Ended
	December 31, 2021			December 31, 2020			December 31, 2021			December 31, 2020
Revenues from unaffiliated customers:
Jinong	$	14,966,519		$	14,901,875		$	30,128,261		$	29,431,187
Gufeng		21,573,414			22,436,394			36,361,666			38,264,597
Yuxing		2,819,203			2,682,195			5,708,097			5,105,683
Sales VIEs		3,467,453			3,718,506			5,068,013			8,202,580
Consolidated	$	42,826,589		$	43,738,970		$	77,266,037		$	81,004,047
Operating income (loss):
Jinong	$	(2,424,698	)	$	(6,822,917	)	$	(6,287,310	)	$	(5,064,240	)
Gufeng		(20,807,616	)		(29,684,059	)		(29,898,613	)		(60,820,293	)
Yuxing		154,758			151,213			317,359			288,426
Sales VIEs		(5,203,138	)		(1,672,256	)		(5,057,180	)		(304,179	)
Reconciling item (1)		-			-			-			-
Reconciling item (2)		(46,494	)		(514,193	)		(500,929	)		(970,068	)
Consolidated	$	(28,327,188	)	$	(37,525,972	)	$	(41,426,673	)	$	(66,870,354	)
Net income (loss):
Jinong	$	(2,387,078	)	$	(6,808,850	)	$	(6,205,995	)	$	(5,290,807	)
Gufeng		(20,950,605	)		(29,815,966	)		(30,114,176	)		(61,009,636	)
Yuxing		235,065			167,650			397,004			304,559
Sales VIEs		(5,203,014	)		(1,739,445	)		(5,098,642	)		(704,126	)
Reconciling item (1)		2			2			6			2
Reconciling item (2)		(563,225	)		(1,876,485	)		(1,088,125	)		(3,246,858	)
Reconciling item (3)		451,563			(277	)		451,563			(12,827	)
Consolidated	$	(28,417,290	)	$	(40,073,371	)	$	(41,658,365	)	$	(69,959,694	)
Depreciation and Amortization:
Jinong	$	210,294		$	202,293		$	417,687		$	394,871
Gufeng		205,818			303,556			410,392			608,667
Yuxing		323,648			311,775			643,953			610,571
Sales VIEs		49,163			70,840			97,743			138,688
Consolidated	$	788,923		$	888,465		$	1,569,775		$	1,752,797
Interest expense:
Jinong		-			-			-			-
Gufeng		66,419			67,185			138,429			123,953
Yuxing		-			-			-			-
Sales VIEs		-			-			89			-
Consolidated	$	66,419		$	67,185		$	138,518		$	123,953
Capital Expenditure:
Jinong	$	5,308		$	53,381		$	21,272		$	57,048
Gufeng		7,869			18,308			29,420			35,753
Yuxing		847			-			33,123			-
Sales VIEs		-			-			-			-
Consolidated	$	14,024		$	71,689		$	83,816		$	92,801

	As of
	December 31,			June 30,
	2021			2021
Identifiable assets:
Jinong	$	86,697,581		$	85,585,344
Gufeng		101,171,350			130,346,782
Yuxing		41,858,592			38,516,348
Sales VIEs		18,457,820			43,862,592
Reconciling item (1)		(30,345,409	)		(31,748,448	)
Reconciling item (2)		166,121			166,121
Consolidated	$	218,006,055		$	266,728,738