v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (552,765) $ (2,498,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expenses 294 2,101
Stock compensation expenses 343,661 1,676,659
Changes in operating assets and liabilities:    
Accounts receivable 15,384
Accounts receivable - related party 1,226,980
Note receivable 48,692
Deposit and prepayments 61,710 176,384
Deposit and prepayments- related party 22,833 (480,588)
Other receivables 9,103 (720)
Inventory 4,150
Accounts payable (139,517)
Accounts payable - related party (1,215,728)
Accrued liabilities and other payables 42,830 54,455
Deferred revenue (154,257) 622,675
Tax payables (82,137) 89
Net cash used in operating activities (304,578) (511,134)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from related parties 1,539,785 556,048
Repayment to related parties (711,574) (278,535)
Repayment to loans (552,257) (138,457)
Proceeds from loans 123,073
Net cash provided by financing activities 275,954 262,129
Effect of exchange rate change on cash and cash equivalents 706 (231)
NET DECREASE IN CASH & CASH EQUIVALENTS (27,918) (249,236)
CASH & CASH EQUIVALENTS, BEGINNING OF THE PERIOD 41,903 310,859
CASH & CASH EQUIVALENTS, END OF THE PERIOD 13,985 61,623
Supplemental Cash Flows Information:    
Cash paid for income tax
Cash paid for interest $ 5,850 $ 22,142