Consolidated Balance Sheets - USD ($)	Jun. 30, 2025	Jun. 30, 2024
Current assets
Cash and cash equivalents	$ 52,519,418	$ 58,772,587
Digital assets		53,693
Accounts receivable, net	19,345,061	16,493,068
Inventories, net	36,975,287	37,826,456
Advances to suppliers, net	12,367,419	12,110,034
Other current assets	10,395,335	2,430,052
Total current assets	131,602,520	127,685,890
Non-current assets:
Plant, property and equipment, net	12,224,583	14,021,292
Intangible assets, net	13,279,462	13,313,157
Other non-current assets	590,483	8,226,344
Total non-current assets	26,094,528	35,560,793
Total assets	157,697,048	163,246,683
Current liabilities
Accounts payable	1,736,031	1,685,725
Customer deposits	4,526,024	4,937,207
Accrued expenses and other payables	22,289,890	14,909,843
Taxes payable	26,528,836	26,781,175
Short term loans	4,720,934	7,466,250
Total Current liabilities	65,687,751	61,291,253
Long-term loans	7,889,627	1,856,250
Total non-current liabilities	7,889,627	1,856,250
Total liabilities	73,577,378	63,147,503
Commitments and Contingencies
Shareholders’ equity
Preferred Stock, $.001 par value, 20,000,000 shares authorized, 0 shares issued and outstanding as of June 30, 2025 and June 30, 2024, respectively
Common stock, $.001 par value, 115,197,165 shares authorized, 16,116,914 and 14,793,538 shares issued as of June 30, 2025 and June 30, 2024, respectively; 15,770,934 and 14,793,538 shares outstanding as of June 30, 2025 and June 30, 2024, respectively	16,117	14,794
Additional paid-in capital	246,306,702	244,825,844
Statutory reserve	26,787,507	26,728,079
Retained earnings	(160,580,590)	(144,919,001)
Less: Treasury Stock	(398,526)
Accumulated other comprehensive loss	(28,011,540)	(26,550,536)
Total Shareholders’ Equity	84,119,670	100,099,180
Total Liabilities and Stockholders’ Equity	157,697,048	163,246,683
Related Party
Current liabilities
Amount due to related parties	$ 5,886,036	$ 5,511,053