v3.26.3
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Loss $ (11,087,582) $ (23,377,488)
Adjustments to reconcile net loss to net cash used in operating activities:    
Interest income on short-term investment (183,698)
Depreciation 98,600 76,970
Amortization of intangible assets 796,684
Amortization of operating right-of-use assets 40,913 22,344
Allowance for credit losses 3,434,769 854,849
Long-lived assets impairment 3,044,877 19,517,303
Loss (gain) from disposal of equipment and motor vehicle 319,879 (19,646)
Stock-based compensation 1,845,923 208,445
Change in fair value of derivative assets and derivative liabilities (4,643,137) (1,816,917)
Change in fair value of crypto assets 35,067
Gain from disposal of subsidiaries (1,013,977)
Net loss on marketable securities 170,817
Changes in operating assets and liabilities:    
Accounts receivable 622,399 (1,596,297)
Inventories (13,908) 16,829
Other receivables and other assets (69,271) (7,110,970)
Other receivable, a related party (2,567)
Prepayments 32,264 92,751
Accounts payable 25,086 (5,740)
Customer deposits 122 (75,108)
Contract liability 16,699 (201,457)
Other payables and accrued liabilities 570,003 2,901,795
Operating lease liabilities (36,967) (23,073)
Income tax payables 80,055 86,410
Net cash used in operating activities (6,884,451) (9,481,499)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (1,052,587) (14,818)
Proceeds from sales of motor vehicle 38,864
Investment in crypto asset yield arrangement (crypto assets receivable) (300,957)
Purchases of intangible asset (1,684,129)
Prepayment of purchase consideration for business combination (223,768)
Net cash received from business combination 15,014
Cash release from disposal of subsidiaries (2,226)
Collaboration deposit (53,310) (5,572,287)
Proceeds from sale of investment in marketable securities 816
Net cash used in investing activities (3,078,195) (5,771,193)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock in market offering 12,739 2,458,453
Proceeds from issuance of common stock and warrant under share purchase agreement 7,088,118 11,737,271
Proceeds from issuance of common stock under subscription agreements 1,000,000 1,177,000
Proceeds from exercise of warrants into common stock 1,357,577 63,567
Proceeds from direct offering 2,500,000
Payments of offering costs (340,000)
Proceeds from insurance loan 72,625 51,211
Principal payments of insurance loan (75,482) (49,092)
Payments of related party loan (5,289) (4,823)
Cash paid in acquired additional controlling interest from a subsidiary (10)
Net cash provided by financing activities 11,610,278 15,433,587
EFFECT OF EXCHANGE RATE ON CASH AND CASH EQUIVALENTS (293,165) (144,013)
INCREASE IN CASH AND CASH EQUIVALENTS 1,354,467 36,882
CASH AND CASH EQUIVALENTS, beginning of year 236,895 200,013
CASH AND CASH EQUIVALENTS, end of year 1,591,362 236,895
SUPPLEMENTAL CASH FLOWS INFORMATION    
Income taxes paid 121,200 183,222
Interest paid 3,752 2,062
SUPPLEMENTAL NON-CASH FLOWS INFORMATION    
Vesting of employee stock compensation 208,445
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 113,243
Financing insurance premium paid by insurance loan 56,669
Issuance of common stock for software development 17,408,579
Issuance of common stock for acquiring intangible assets 3,870,000
Issuance of common stock for prepaid consulting fee 3,000,000
Acquisition of intangible assets through settlement of other receivables 620,000
Allocation of fair value of derivative liabilities for issuance of common stock 10,797,112 2,450,227
Fair value of derivative liabilities upon exercise of warrants $ 4,614,985 $ 249,424