v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities          
Net (loss)/income $ (209,487) $ 1,069,327 $ 764,919 $ 1,548,347 $ 996,157
Net (loss)/income from discontinued operation, net of tax 0 271,048 (712,887) 845,743 982,135
Net (loss)/income from continuing operation (209,487) 798,279 1,477,806 702,604 14,022
Adjustment to reconcile net (loss)/income to net cash used in operating activities          
Depreciation and amortization 299,564 0      
Amortization of operating lease right-of-use assets 330        
Allowance for doubtful accounts 3,423 37,768 190,786 0 0
Investment income (91,235) 0 (31,251) 0 0
Gain disposal of joint ventures (174,551) 0      
Loss on extinguishment of debt 22,925 0      
Share-based compensation expense 42,740 0      
Loss on disposal of subsidiaries     880,707 0 0
Amortization of Convertible Note issuance cost 167,231 0 21,844 0 0
Deferred Tax (32,232) 0 0 0 0
Accounts receivable, net (1,185,408) (2,195,195) (2,679,313) (539,261) 0
Advance to suppliers, net (863,591) 0      
Prepaid expenses and other current assets (23,782) 275,836 (1,167,355) 0 0
Accounts payable (3,000) 798,020 3,000 0 0
Due from related party 0 1 0 (25,316) 1,887
Amount due to related parties 0 63,000      
Accrued salaries and benefits 162,858 0 108,407 0 0
Tax payables 88,065 132,180 427,191 114,958 1,767
Other liabilities 62,395 (250,724) 582,899 (2,209) (90,201)
Operating lease Liabilities 935 0      
Net cash used in operating activities from continuing operations (1,732,820) (340,835) (376,065) 250,776 (72,525)
Net cash provided by operating activities from discontinued operations 0 730,285 389,897 678,427 973,813
Net cash used in/(provided by) operating activities (1,732,820) 389,450 13,832 929,203 901,288
Cash flows from investing activities          
Purchase of short-term investment     (2,352,941) 0 0
Proceeds of long-term investment     (625,505) 0 0
Interest-free loan lent to related parties     (58) 0 0
Interest-free loan repaid by related parties     25,614 0 0
Deposits on Property and Equipment (1,591,667) 0      
Net cash used in investing activities from continuing operations (1,591,667) 0 (2,952,890) 0 0
Net cash provided by/ (used in) investing activities from discontinued operations 0 0 0 0 (11,482)
Net cash used in investing activities (1,591,667) 0 (2,952,890) 0 (11,482)
Cash flows from financing activities          
Issuance of ordinary shares for cash, net of issuance costs     1,695,597 0 0
Proceeds from issuance of convertible bonds, net of issuance costs 3,051,600 0 1,058,422 0 0
Proceeds from issuance of warrants     354,589 0 0
Proceeds from interest-free loan from a related party 25,000 50,859 63,000 0 0
Repayment of interest-free loan to a related party (25,800) (370,541) 0 (191,703) 0
Capital contribution     0 1,000 0
Deferred IPO cost 0 (35,928) 0 (740,645) (329,405)
Net cash provided by/ (used in) financing activities from continuing operations 3,050,800 (355,610) 3,171,608 (931,348) (329,405)
Net cash provided by / used in financing activities from discontinued operations 0 0 0 42,416 (542,082)
Net cash provided by / (used in) financing activities 3,050,800 (355,610) 3,171,608 (888,932) (871,487)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (4,595) (14,059) 29,207 (7,858) (45,688)
Net change in cash, cash equivalents and restricted cash (278,282) 19,781 261,757 32,413 (27,369)
Cash, cash equivalents and restricted cash, beginning of period 313,566 51,809 51,809 19,396 46,765
Cash, cash equivalents and restricted cash, end of the period 35,284 71,590 313,566 51,809 19,396
Less cash, cash equivalents and restricted cash of discontinued operations–end of period 0 69,553 0 40,692 4,005
Cash, cash equivalents and restricted cash of continuing operations–end of period 35,284 2,037 313,566 11,117 15,391
Reconciliation of cash, cash equivalents and restricted cash, beginning of the year          
Cash, cash equivalents 313,566 51,809 51,809 19,396 46,765
Reconciliation of cash, cash equivalents and restricted cash, end of year          
Cash, cash equivalents 35,284 71,590 313,566 51,809 19,396
Restricted cash 0 0 0 0 0
Cash, cash equivalents and restricted cash, end of the period 35,284 71,590 313,566 51,809 19,396
Reconciliation of cash, cash equivalents and restricted cash, beginning of the year          
Cash, cash equivalents 313,566 51,809 51,809 19,396 46,765
Restricted cash 0 0 0 0 0
Cash, cash equivalents and restricted cash, beginning of period 313,566 51,809 51,809 19,396 46,765
Reconciliation of cash, cash equivalents and restricted cash, end of year          
Cash, cash equivalents 35,284 71,590 313,566 51,809 19,396
Restricted cash 0 0 0 0 0
Cash, cash equivalents and restricted cash, end of the period 35,284 $ 71,590 313,566 51,809 19,396
Supplemental cash flow information          
Entity to offset the payable due to the same related party     134,459 248,754 1,199,610
Income tax paid 26,272   $ 0 $ 0 $ 39
Supplemental disclosures of non-cash activities:          
Ordinary share issued in connection with conversion of convertible notes payable 2,858,071        
Share-based compensation capitalized in long-term unamortized expenses 515,000        
Obtaining right-of-use assets in exchange for operating lease liabilities and prepaid expenses 265,771        
Reclassification of related party payables $ 1,619,884