v3.26.3
Note 3 - Discontinued Operations (Tables)
 12 Months Ended
Jun. 30, 2026
Notes Tables  
Disposal Groups, Including Discontinued Operations [Table Text Block]
   

Year Ended

June 30

    

Two Months

Ended

August 31,

  
   

2024

    

2024

  
   

US$

    

US$

  
                 

Discontinued operations

                
                 

Net revenues

                

Wealth management

     2,286       11  

Asset management

     3,919       1,170  

Total net revenues

     6,205       1,181  
                 

Operating cost and expenses

                

Compensation and benefits

     1,451       602  

Sales and marketing expenses

     359       -  

General and administrative expenses

     1,969       266  

Asset impairment loss

     2,158       -  

Total operating cost and expenses

     5,937       868  
                 

Income from operations

     268       313  
                 

Other expense, net

     (16 )     (1 )
                 

Income before income tax expense

     252       312  

Income tax expense

     (230 )     (29 )

Net income from discontinued operations

     22       283  
                 

Gain on disposal of subsidiaries from discontinued operations, net

     -       138  
                 

Income for the year from discontinued operations, net of income taxes

     22       421  
                 

Summarized cash flow information for discontinued operations is as follows:

                

Net cash flows used in operating activities

     (587 )     (1,265 )

Net cash flows provided by investing activities

     -       33  
                 

The following table summarizes significant non-cash operating items and capital expenditures of discontinued operations included in the consolidated statements of cash flows for the periods presented.

                
                 

Significant non-cash operating items

                

Amortization of intangible asset

     51       -  

Asset impairment loss

     2,158       -  
   

As of June 30,

2024

    

As of August 31,

2025

  
   

US$

    

US$

  

Assets

                

Cash and cash equivalents

     1,873       608  

Deposits, prepayments and other current assets

     -       256  

Due from related parties

     -       93  

Income tax receivable

     -       220  
                 

Total Assets

     1,873       1,177  
                 

Liabilities

                

Commission payable

     859       378  

Income tax payable

     91       210  

Due to related parties

     1,970       86  

Other payable and accrued liabilities

     7       -  
                 

Total Liabilities

     2,927       674  
                 

Net (liabilities)/assets

     (1,054 )     503  
Disposal Groups, Including Discontinued Operations, Change From Disposal of Subsidiaries [Table Text Block]
   

Wealth

management

business

    

Asset

management

business

    

Total

  
   

US$

    

US$

    

US$

  
                         

Considerations received

     -       641       641  

Less: Net assets disposed of

     (134 )     (369 )     (503 )
                         

(Loss)/gain from disposal of subsidiaries

     (134 )     272       138