v3.26.1
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash Flows from Operating Activities    
Net income (loss) $ 861,105 $ (499,046)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation 8,374 11,091
Loss on disposal of property and equipment 8,538 0
Write-off of account payable (1,395,000) 0
Payment of lease and rent (62,022) (61,916)
Changes in operating Assets and Liabilities:    
Right of use asset – net 16,068 16,107
Lease liabilities – net 1,501 1,356
Accounts receivable – net 0 18,200
Customer advance (69,786) 17,239
Prepaid expenses and other assets (7,500) 0
Inventory 67,112 (24,215)
Accounts payable and accrued expense 82,423 48,277
Supplier advances 16,410 5,810
Accrued interest for short term loan 46,948 45,934
Accrued interest for long term loan 198,652 176,459
Wage and wage tax payable 117,055 86,456
Other payable 28,743 96,224
Tax payable 1,107 1,727
Net cash used in operating activities (80,272) (60,297)
Cash Flows from Investing Activities    
Proceeds from disposal of property and equipment 11,000 0
Net cash provided (used) by Investing Activities 11,000 0
Cash Flows from Financing Activities    
Proceeds from issuance of common stock 0 102,116
Proceeds of short term loan 50,000 0
Repayment of short term loan 0 (10,750)
Interest payment to short term loan 0 (55,941)
Proceeds from long-term loan 0 50,000
Advance from related party 205,478 136,527
Repayment to related party (203,003) (178,638)
Net cash provided (used) by financing activities 52,475 43,314
Effect of exchange rate change on cash 2,087 (1,080)
Net decrease in cash (14,710) (18,063)
Cash beginning of period 44,056 54,943
Cash end of period 29,346 36,880
Interest paid 3,832 55,941
Taxes paid $ 3,200 $ 1,600