v3.26.1
Unaudited Interim Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (9,499,348) $ (484,013)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 114,231 70,412
Amortization 25,323 26,773
Noncash operating lease expense 376,211 263,020
Deferred tax benefits (669)
(Reversal of) Allowance for expected credit loss (16,062) 4,512
Loss on disposal of property and equipment 5,586 6,137
Changes in assets and liabilities    
Accounts receivable 321,245 (104,892)
Advance to suppliers 7,337,309 (312,374)
Prepaid expenses and other current assets 552,510 (66,613)
Lease liabilities (363,908) (289,770)
Other non-current assets (10,402) 17,203
Other non-current liabilities (8,815) (17,876)
Accounts payable (14,946) (56,045)
Contract liabilities (560,782) 364,300
Accrued expenses and other liabilities 307,032 (155,021)
Net cash used in operating activities (1,434,816) (734,916)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (586,462)
Loan to a third party (6,120,587)  
Proceeds from disposals of equity investments 173
Loan to related parties (819,681)
Net cash used in investing activities (7,526,557)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from bank loans 1,263,424 1,254,058
Repayment of bank loans (1,268,983) (1,343,236)
Advance payment from investors for subscription 6,331,157
Proceeds from FPO exercise 8,000,000
Offering cost paid (1,050,000)
Borrowing from related parties 2,149,613
Repayment to related parties (833,751) (1,174,207)
Net cash provided by financing activities 12,441,847 886,228
Effect of exchange rate changes 48,896 (3,541)
Total cash flows 3,529,370 147,771
Cash at beginning of period 389,348 227,826
Cash at end of period 3,918,718 375,597
Net increase in cash 3,529,370 147,771
Supplementary Cash Flows Information    
Cash paid for interest 58,515 71,596
Cash paid for income taxes 494 1,393
Non-cash investing and financing activities:    
Lease liability arising from obtaining right-of-use assets 610,975
Equipment obtained to offset accounts receivable $ 3,785