v3.26.3
Consolidated Statements of Cash Flow - USD ($)
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (11,701,941) $ (3,584,213) $ (4,363,221)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 80,908 77,692 305,780
Amortization of right-of-use asset 323,635 315,051 439,808
Share-based compensation 3,225,583 244,808 449,311
Interest income (22,520) (185,772) (248,000)
Change in operating assets and liabilities      
Prepayments and other receivables (28,522) 146,980 (96,230)
Long-term deposits 17,280 4,734 10,815
Accrued expenses 725,242 223,026 (32,753)
Operating lease liabilities (323,443) (349,978) (465,070)
Other payables – related parties 8,248 (5,904) (2,127)
Net cash used in operating activities (7,695,530) (3,113,576) (4,001,687)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (152,689) (5,376)
Proceeds from maturity of short-term investments 2,504,038 35,316,805 10,248,000
Placements of short-term investments (32,477,900) (5,000,000)
Net cash provided by investing activities 2,504,038 2,686,216 5,242,624
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from exercise of share option 102,561
Proceeds from registered direct offering, net of transaction cost 18,622,144
Repurchase of share option (1,778,780)
Capital contribution from non-controlling interest of a subsidiary, net 102,282
Net cash provided by financing activity 16,945,925 102,282
EFFECT OF EXCHANGE RATE ON CASH 18,907 (114,760) 53,221
NET CHANGE IN CASH 11,773,340 (542,120) 1,396,440
CASH, beginning of year 2,419,115 2,961,235 1,564,795
CASH, end of year 14,192,455 2,419,115 2,961,235
SUPPLEMENTAL CASH FLOW INFORMATION:      
Cash paid for income tax
Cash paid for interest
Supplemental disclosure of non-cash financing activities:      
Right-of-use assets obtained in exchange of lease liabilities $ 74,344 $ 778,625 $ 71,122