Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash Flows from Operating Activities
Net loss	$ (28,405,315)	$ (13,281,985)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization	2,721,154	2,403,150
Provision for losses on accounts receivable	17,739,516	10,111,571
Inventories impairment	13,539,221	8,758,775
Fixed assets impairment	1,817,991	0
Change in fair value of Bitcoin	2,701
Changes in operating assets
Digital assets	153,948	(210,342)
Accounts receivable	(17,813,409)	447,487
Amount due from related parties	27,560	(16,176)
Other current assets	169,821	525,285
Inventories	(4,926,296)	(16,592,290)
Advances to suppliers	2,216,094	4,991,682
Other assets	1,831,922	1,935,491
Deferred tax assets	(410,651)	(97,820)
Changes in operating liabilities
Accounts payable	(411,430)	536,882
Customer deposits	(546,035)	(1,971,174)
Amount due to related parties Change in fair value of Bitcoin	(1,003)	(9,971)
Tax payables	(296,952)	(44,055)
Accrued expenses and other payables	2,718,381	2,260,998
Interest payable		(737,630)
Net cash used in operating activities	(9,872,781)	(990,122)
Cash Flows from Investing Activities
Purchase of plant, property, and equipment	(1,662,763)	(1,371,393)
Change in construction in process	9,860
Long-term equity investment	(4,450,000)
Sales of discontinued operations		898,673
Net cash used in investing activities	(6,102,903)	(472,720)
Cash Flows from Financing Activities
Proceeds from the sale of common stock		16,757,130
Proceeds from loans	8,471,483	6,587,971
Repayment of loans	(5,388,419)	(3,913,520)
Advance from related party	191,000	340,000
Net cash provided by financing activities	3,274,064	19,771,581
Effect of exchange rate change on cash and cash equivalents	332,020	(4,936,854)
Net (decrease) increase in cash and cash equivalents	(12,369,600)	13,371,885
Cash and cash equivalents, beginning balance	71,142,188	57,770,303
Cash and cash equivalents, ending balance	58,772,587	71,142,188
Supplement disclosure of cash flow information
Interest expense paid	292,186	295,804
Income taxes paid	426,079	464,342
Supplement Non-Cash Activities
Common stock issued to repay accrued expense	2,736,680	658,000
Nonmonetary sales and purchases	$ 34,074,750	$ 71,040,024