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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Sales        
Net sales $ 17,800,114 $ 24,539,207 $ 40,197,976 $ 52,136,532
Cost of goods sold        
Cost of goods sold 14,471,627 20,024,790 32,219,635 42,437,306
Gross profit 3,328,487 4,514,417 7,978,341 9,699,226
Operating expenses        
Selling expenses 1,770,860 1,658,654 3,650,014 4,096,008
General and administrative expenses 6,947,810 6,535,402 11,504,417 9,820,517
Total operating expenses 8,718,670 8,194,056 15,154,431 13,916,525
Loss from operations (5,390,183) (3,679,639) (7,176,090) (4,217,299)
Other income (expense)        
Other (expense) 30,926 82,071 40,709 109,861
Interest income 51,125 68,761 106,197 132,761
Interest expense (73,813) (67,739) (141,367) (149,983)
Total other (expense) 8,238 83,093 5,539 92,639
Loss before income taxes (5,381,945) (3,596,545) (7,170,551) (4,124,660)
Provision for income taxes (11,942) (16,355)
Net loss (5,370,003) (3,596,545) (7,154,196) (4,124,660)
Other comprehensive income (loss)        
Foreign currency translation gain (loss) 4,705,400 6,086,889 3,869,023 (4,833,269)
Comprehensive (loss) income $ (664,603) $ 2,490,344 $ (3,285,173) $ (8,957,929)
Basic weighted average shares outstanding (in Shares) 13,380,914 13,306,467 13,380,914 13,118,610
Basic net loss per share (in Dollars per share) $ (0.4) $ (0.27) $ (0.53) $ (0.31)
Diluted weighted average shares outstanding (in Shares) 13,380,914 13,306,467 13,380,914 13,118,610
Diluted net loss per share (in Dollars per share) $ (0.4) $ (0.27) $ (0.53) $ (0.31)
Jinong        
Sales        
Net sales $ 6,811,640 $ 9,842,749 $ 16,100,398 $ 21,990,751
Cost of goods sold        
Cost of goods sold 4,982,284 7,152,122 11,588,897 15,912,292
Gufeng        
Sales        
Net sales 8,209,157 11,849,719 18,630,431 24,428,541
Cost of goods sold        
Cost of goods sold 7,198,290 10,477,612 16,193,611 21,732,489
Yuxing        
Sales        
Net sales 2,452,187 2,846,739 4,794,903 5,717,240
Cost of goods sold        
Cost of goods sold 2,042,241 2,395,056 3,919,768 4,792,525
Antaeus        
Sales        
Net sales 327,130 672,244
Cost of goods sold        
Cost of goods sold $ 248,812 $ 517,359