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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Sales        
Net sales $ 24,785,718 $ 32,938,317 $ 56,498,794 $ 73,136,293
Cost of goods sold        
Cost of goods sold 19,826,414 26,597,407 44,086,142 58,817,042
Gross profit 4,959,304 6,340,910 12,412,652 14,319,251
Operating expenses        
Selling expenses 1,716,374 1,855,189 5,458,008 5,505,203
General and administrative expenses 3,842,153 15,457,007 14,111,497 26,961,424
Total operating expenses 5,558,527 17,312,196 19,569,505 32,466,627
Loss from operations (599,223) (10,971,286) (7,156,853) (18,147,376)
Other income (expense)        
Other income (expense) (179,827) 108,443 (499,043) 149,152
Interest income 25,374 42,547 104,246 148,744
Interest expense (121,802) (75,461) (347,974) (216,828)
Total other income (expense) (276,255) 75,529 (742,771) 81,068
Loss before income taxes (875,478) (10,895,757) (7,899,624) (18,066,308)
Provision for income taxes (255) 5,527 (49,527) (10,828)
Net loss (875,223) (10,901,284) (7,850,097) (18,055,480)
Other comprehensive loss        
Foreign currency translation gain (loss) 670,071 (2,163,484) 96,499 1,705,539
Comprehensive loss $ (205,152) $ (13,064,767) $ (7,753,598) $ (16,349,941)
Basic weighted average shares outstanding (in Shares) 14,563,347 14,203,877 14,717,928 13,653,240
Basic net loss per share (in Dollars per share) $ (0.06) $ (0.79) $ (0.53) $ (1.32)
Diluted weighted average shares outstanding (in Shares) 14,563,347 14,203,877 14,717,928 13,653,240
Diluted net loss per share (in Dollars per share) $ (0.06) $ (0.79) $ (0.53) $ (1.32)
Jinong        
Sales        
Net sales $ 6,645,870 $ 7,534,076 $ 20,231,251 $ 23,634,474
Cost of goods sold        
Cost of goods sold 4,115,700 4,510,800 12,699,650 16,099,697
Gufeng        
Sales        
Net sales 15,674,534 22,544,062 28,867,388 41,174,493
Cost of goods sold        
Cost of goods sold 13,697,237 19,759,666 25,249,053 35,953,277
Yuxing        
Sales        
Net sales 2,465,314 2,467,916 7,218,409 7,262,819
Cost of goods sold        
Cost of goods sold 2,013,477 2,096,025 5,921,666 6,015,793
Antaeus        
Sales        
Net sales 392,263 181,746 1,064,507
Cost of goods sold        
Cost of goods sold $ 230,916 $ 215,773 $ 748,275