v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:        
Net loss $ (2,366,700) $ (3,485,994) $ (4,783,013) $ (3,187,774)
Adjustments to reconcile net loss to net cash used in operating activities        
Depreciation of property, plant and equipment 170,611 194,347 248,940 417,517
Amortization 77,143 77,143 102,857 115,359
Finance cost interest element of promissory notes (non-cash) 84,718 84,718 103,380
Operating lease expense 42,310 27,214 42,848 28,240
Impairment on property 137,632    
Deposit paid for acquisition of subsidiary written off     21,316
Impairment on accounts receivable     27,481
Impairment on other receivables     29,842
Impairment on property, plant and equipment     137,632 134,042
Impairment on advance to supplier     177,200
Impairment on assets held for sale 5,867 5,866
Gain on forgiveness of debts (162,266)    
Write down of inventories     15,587
Unrealized foreign exchange gain (276,351) (320,488) (582,034)
Gain from insurance claim (481,513) (481,513)
Loss from disposal of asset held for sale 2,876 2,877
Gain on disposal of property, plant and equipment (163,644) (164,624)
Inventories written off     5,978
Property, plant and equipment written off     3,979
Changes in operating assets and liabilities:        
Accounts receivable (276,547) (121,401) (121,278) (81,427)
Other receivables (deposits) 6,496 (51,237) (34,867) (22,918)
Prepayments (38,549) (10,130) (20,098) (6,656)
Inventories 1,299 31,358 32,733 (235,677)
Accounts payables (3,000) (11,408) (44,368) 19,725
Accrued liabilities and other payables (397,911) (8,643) 277,467 (38,160)
Advances (to) from director (206,319) 327,169 205,581 (5,472)
Advances from (to) related parties 943 (89,390) (61,206) 30,640
Repayment of operating lease liabilities (36,319) (27,214) (38,442) (28,240)
Net cash used in operating activities (2,603,025) (2,591,258) (3,410,771) (2,087,990)
Cash flows from investing activities:        
Proceeds from disposal of assets held for sale 943,300 943,300
Proceeds from disposal of property, plant and equipment 947,015 947,995
Proceeds from insurance recoveries 541,221 541,221
Withdrawal of deposit with bank     750,000
Placement of deposit with bank     (2,000,000)
Withdrawal of short-term investments, net 1,276,484 250,000    
Purchase of property, plant and equipment (361) (378) (16,646)
Net cash provided by investing activities 1,276,484 2,681,175 3,182,138 (2,016,646)
Cash flows from financing activities:        
Repayments of lease liabilities (712,140) (712,140) (138,156)
Proceeds of bank loan     50,000
Repayments of bank loan (211,440) (211,440) (29,560)
Advanced from other payables     136,983
Proceeds from issuance of common stock 2,448,000 1,319,000 1,983,000 4,108,379
Cash outflow arising from cancellation of common stock (65,000) (80,000)
Net cash provided by financing activities 2,448,000 330,420 979,420 4,127,646
Net cash provided by operating, investing and financing 1,121,459 420,337 750,787 23,010
Foreign currency translation adjustment (12,995) (10,111) (8,812) 55,718
Net change in cash and cash equivalents 1,108,464 410,226 741,975 78,728
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD 1,021,112 279,137 279,137 200,409
CASH AND CASH EQUIVALENTS, AT END OF PERIOD 2,129,576 689,363 1,021,112 279,137
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:        
Cash paid for income taxes
Cash paid for interest 16,247 16,247 59,566
SUPPLEMENTAL NONCASH DISCLOSURE:        
Shares issuance for employee compensation 18,000 294,012 392,903
Promissory note to related party settled by Company’s common stock 675,888 675,888  
Non-employee [Member]        
Adjustments to reconcile net loss to net cash used in operating activities        
Stock-based compensation 708,367 997,468 1,341,373 252,369
Employee [Member]        
Adjustments to reconcile net loss to net cash used in operating activities        
Stock-based compensation 128,913 294,012 432,246 135,679
Director [Member]        
Adjustments to reconcile net loss to net cash used in operating activities        
Stock-based compensation $ 24,855 $ 5,534