v3.25.2
Consolidated Statements of Comprehensive Loss - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]    
Net sales $ 46,086,901 $ 30,796,690
Cost of goods sold (38,171,832) (27,288,340)
Gross profit 7,915,069 3,508,350
Operating expenses:    
Selling, general and administrative 6,676,078 6,041,355
Research and development 4,102,660 3,406,750
Total operating expenses 10,778,738 9,448,105
Loss from operations (2,863,669) (5,939,755)
Other income (expense), net:    
Interest income 695,127 804,148
Income from governmental subsidy 0 16,350
Gain from the forgiveness of accounts payable and accrued liabilities 247,592 0
Gain (loss) from the disposal of property and equipment and intangible assets 3,563 (10,436)
Litigation settlement income 1,000,000 0
Gain (loss) from foreign currency transactions 196,635 (486,497)
Other income, net 535,156 500,219
Total other income (expense), net 2,678,073 823,784
Loss before benefit for income taxes (185,596) (5,115,971)
Income tax benefit (45,167) (949,300)
Net loss (140,429) (4,166,671)
Less: non-controlling interests in net income (loss) of subsidiary at 33.7% 79,070 (202,655)
Less: non-controlling interests in net income (loss) of subsidiary at 40.0% 23,602 0
Net loss attributable to Parent Company $ (243,101) $ (3,964,016)
Loss per share attributable to Parent Company stockholders - basic $ (0.02) $ (0.34)
Loss per share attributable to Parent Company stockholders - diluted $ (0.02) $ (0.34)
Weighted average common shares outstanding - basic 11,784,280 11,784,280
Weighted average common shares outstanding - diluted 11,784,280 11,784,280
Comprehensive loss    
Net loss $ (140,429) $ (4,166,671)
Translation adjustments 54,208 (167,263)
Comprehensive loss (86,221) (4,333,934)
Less: comprehensive income (loss) attributable to non-controlling interest 102,672 (202,655)
Less: Foreign exchange translation attributable to non-controlling interest 18,245 (56,368)
Comprehensive loss attributable to controlling interest $ (207,138) $ (4,074,911)