Condensed Financial Information of the Parent Company (Details) - Schedule of parent company statements of operations and comprehensive loss - Parent [Member] - USD ($) |
12 Months Ended | ||
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Jun. 30, 2022 |
Jun. 30, 2021 |
Jun. 30, 2020 |
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Condensed Statement of Income Captions [Line Items] | |||
GENERAL AND ADMINISTRATIVE EXPENSES | $ (4,098,934) | $ (2,821,121) | $ (1,402,044) |
STOCK COMPENSATION EXPENSE | (4,732,700) | (5,717,900) | (3,444,617) |
LOSS FROM OPERATIONS | (8,831,634) | (8,539,021) | (4,846,661) |
OTHER INCOME (EXPENSE), NET | |||
Finance expense | (5,507) | (6,480) | (5,007) |
Equity loss of subsidiaries | (68,370,977) | (1,118,204) | (12,562,142) |
Gain on debt settlement | 25,092 | ||
Gain on sale of subsidiaries | 1,400,100 | 5,787,213 | |
TOTAL OTHER INCOME (EXPENSE), NET | (68,376,484) | 300,508 | (6,779,936) |
NET LOSS | $ (77,208,118) | $ (8,238,513) | $ (11,626,597) |
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- Definition The amount of finance expense during the reporting period. No definition available.
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- References No definition available.
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- References No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of gain (loss) on sale or disposal of equity in securities of subsidiaries or equity method investee. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of gain (loss) on sale or disposal of equity in securities of subsidiaries. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of noncash expense for share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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