Intangible Assets and Digital Assets (Tables)

6 Months Ended

Dec. 31, 2024

Finite-Lived Intangible Assets [Line Items]

Schedule of Intangible Assets

Intangible assets consisted of the following:

	December 31,		June 30,
	2024		2024
Land use rights, net	$	7,488,399	$	7,624,558
Trademarks		5,669,154		5,688,599
Total	$	13,157,553	$	13,313,157

Schedule of Intangible Assets

The Land Use Rights consisted of the following:

	December 31,			June 30,
	2024			2024
Land use rights	$	11,026,803		$	11,064,624
Less: accumulated amortization		(3,538,404	)		(3,440,066	)
Total land use rights, net	$	7,488,399		$	7,624,558

Schedule of Company Acquired Gufeng and its Wholly-Owned Subsidiary

On July 2, 2010, the Company acquired Gufeng and its wholly-owned subsidiary Tianjuyuan. The preliminary fair value of the acquired trademarks was estimated to be RMB41,371,630 (or $5,669,154) and is subject to an annual impairment test.

	December 31,			June 30,
	2024			2024
Trademarks	$	5,720,448		$	5,740,068
Less: accumulated amortization		(51,294	)		(51,469	)
Total trademarks, net	$	5,669,154		$	5,688,599

Schedule of Company Acquired Gufeng and its Wholly-Owned Subsidiary

Estimated amortization expenses of intangible assets for the next five twelve months periods ended December 31, are as follows:

Twelve Months Ended on December 31,	Expense ($)
2025		247,174
2026		222,121
2027		220,194
2028		220,194
2029		220,194

Schedule of Roll-Forward of Total Digital Assets (Including Digital Assets, Restricted)

The following table presents a roll-forward of total digital assets (including digital assets, restricted) for the six months ended December 31, 2024, based on the fair value model under ASU 2023-08:

	Fair Value
Beginning balance: digital assets at June 30, 2024	$	53,693
Addition of digital assets, mining proceeds		181,377
Addition of digital assets, other		-
Disposition of digital assets		(245,607	)
Realized gain (loss) on digital assets		10,536
Unrealized gain (loss) on digital assets		-
Digital assets at December 31, 2024	$	-