v3.25.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 14,741,173 $ 12,266,556
Short-term investments 25,887,028 25,191,271
Accounts receivable, net 1,330,504 1,155,060
Other receivable due from officer 662,596 0
Inventories, net 2,358,335 1,425,685
Other current assets 143,666 107,976
Advance payments to vendors 56,988 73,912
Total current assets 45,180,290 40,220,460
Property and equipment, net 72,882 114,939
Intangible assets, net 1,014,112 1,309,626
Deferred tax assets, non-current 3,273,622 3,184,240
Goodwill 273,285 273,285
Right of use assets, net 1,382,294 1,486,034
Other assets 133,545 131,245
TOTAL ASSETS 51,330,030 46,719,829
Current liabilities:    
Accounts payable 8,119,055 7,262,195
Contract liabilities and advance from customers 125,300 158,771
Accrued liabilities, bonus payable to an officer 2,625,000 875,000
Accrued liabilities, others 1,172,044 550,146
Lease liabilities, current 375,343 239,727
Total current liabilities 12,416,742 9,085,839
Lease liabilities, non-current 1,018,985 1,257,992
Total liabilities 13,435,727 10,343,831
Commitments and contingencies (Note 6)  
Parent Company stockholders’ equity    
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; none issued and outstanding 0 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 11,784,280 shares issued and outstanding 14,263 14,263
Additional paid-in capital 14,337,826 14,733,300
Retained earnings 24,894,108 25,137,209
Treasury stock, 2,549,208 shares (3,554,893) (3,554,893)
Accumulated other comprehensive loss (1,146,862) (1,182,825)
Total Parent Company stockholders’ equity 34,544,442 35,147,054
Non-controlling interests 3,349,861 1,228,944
Total stockholders’ equity 37,894,303 36,375,998
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 51,330,030 $ 46,719,829