Segment Reporting

9 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE 14 – SEGMENT REPORTING

As of March 31, 2025, the Company was organized into four main business segments based on location and product: Jinong (fertilizer production), Gufeng (fertilizer production), Yuxing (agricultural products production) and Antaeus (Bitcoin). Each of the four operating segments referenced above has separate and distinct general ledgers. The chief operating decision maker (“CODM”) receives financial information, including revenue, gross margin, operating income and net income produced from the various general ledger systems to make decisions about allocating resources and assessing performance; however, the principal measure of segment profitability or loss used by the CODM is net income by segment.

	Three Months Ended			Three Months Ended			Nine Months Ended			Nine Months Ended
	March 31, 2025			March 31, 2024			March 31, 2025			March 31, 2024
Revenues from unaffiliated customers:
Jinong	$	6,645,870		$	7,534,076		$	20,231,251		$	23,634,474
Gufeng		15,674,534			22,544,062			28,867,388			41,174,493
Yuxing		2,465,314			2,467,916			7,218,409			7,262,819
Antaeus		-			392,263			181,746			1,064,507
Consolidated	$	24,785,718		$	32,938,317		$	56,498,794		$	73,136,293
Operating loss:
Jinong	$	(1,982,076	)	$	(3,081,511	)	$	(5,310,209	)	$	(3,587,057	)
Gufeng		1,786,127			(7,366,951	)		(593,131	)		(10,460,423	)
Yuxing		193,484			139,072			633,491			(1,005,290	)
Antaeus		(1,215	)		5,398			(245,776	)		(88,619	)
Reconciling item (1)		(595,543	)		(667,294	)		(1,641,228	)		(3,005,987	)
Consolidated	$	(599,223	)	$	(10,971,286	)	$	(7,156,853	)	$	(18,147,376	)
Net loss:
Jinong	$	(2,017,485	)	$	(3,078,870	)	$	(5,349,938	)	$	(3,509,256	)
Gufeng		1,584,662			(7,406,821	)		(1,152,563	)		(10,586,404	)
Yuxing		155,235			230,907			481,080			(913,113	)
Antaeus		(960	)		20,794			(186,315	)		(40,732	)
Reconciling item (1)		-			-			-			12
Reconciling item (2)		(596,675	)		(667,294	)		(1,642,361	)		(3,005,987	)
Consolidated	$	(875,223	)	$	(10,901,284	)	$	(7,850,097	)	$	(18,055,480	)
Depreciation and Amortization:
Jinong	$	190,714		$	193,079		$	577,218		$	572,897
Gufeng		178,629			183,444			545,030			549,055
Yuxing		188,594			189,812			568,677			561,453
Antaeus		-			125,130			192,466			350,347
Consolidated	$	557,937		$	691,465		$	1,883,391		$	2,033,752
Interest expense:
Jinong	$	36,689		$	35,530		$	112,471		$	91,046
Gufeng		38,153			39,931			113,360			125,782
Yuxing		45,820			-			121,003			-
Antaeus		-			-			-			-
Consolidated	$	120,662		$	75,461		$	346,834		$	216,828
Capital Expenditure:
Jinong	$	837		$	9,037		$	57,916		$	50,861
Gufeng		-			180			-			180
Yuxing		(522	)		34,630			187,448			97,370
Antaeus		-			-			-			1,502,600
Consolidated	$	315		$	43,847		$	245,364		$	1,651,011

	As of
	March 31,		June 30,
	2025		2024
Identifiable assets:
Jinong	$	62,292,063	$	72,411,611
Gufeng		40,354,516		39,063,187
Yuxing		43,565,764		40,535,883
Antaeus		1,573,976		1,612,177
Reconciling item (1)		14,912,602		9,454,754
Reconciling item (2)		169,071		169,071
Consolidated	$	162,867,992	$	163,246,683

(1) Reconciling amounts refers to the unallocated assets or expenses of Green New Jersey.

(2) Reconciling amounts refers to the unallocated assets or expenses of the Parent Company.