v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities    
Loss before income tax $ (12,932,043) $ (5,808,572)
Adjustments for:    
Depreciation of property, plant and equipment 19,654 75,270
Amortization of intangible assets 164,299 262,736
Fair value gain on financial asset (16,064) 2,392
Unrealized fair value changes on derivative contract 94,963 (25,918)
Unrealized fair value changes on digital assets (73,377)  
Unrealized fair value changes on amount due to related parties denominated in digital assets 10,034,795 3,782,355
Interest expense 24,690 59,184
Interest income (76,850)  
Gain on disposal of subsidiary (5,004)  
Lease modification   42,597
Net income received or settled in digital assets (1,689,774) 118,855
Amount due from/to related parties in digital asset-trade 1,902,575  
Operating cash flows before working capital changes (2,552,136) (1,465,183)
Changes in working capital:    
Trade and other receivables (73,136) 58,573
Trade and other payables 892,967 263,497
Net cash (used in)/generated from operating activities (1,732,305) (1,143,113)
Cash flows from investing activities    
Interest income 65,919  
Change in fixed deposit (49,339)  
Purchase of intangible assets (75,600)  
Net cash used in investing activities (59,020)  
Cash flows from financing activities    
Proceed paid to related parties, net (2,235,802)  
Proceed received from related parties, net 6,548,274 1,653,203
Lease repayment (10,761) (129,176)
Net cash generated from/(used in) financing activities 4,301,711 1,524,027
Net change in cash and cash equivalents 2,510,386 380,914
Cash and cash equivalents at beginning of period 3,766,347 98,162
Cash and cash equivalents at end of period $ 6,276,733 $ 479,076