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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net loss $ (549,461) $ (1,356,406)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities    
Depreciation of property, plant and equipment 102,598 27,952
Amortization 25,714 32,919
Stock-based compensation 13,123 232,500
Finance cost interest element of promissory notes (non-cash) 24,147 526,227
Lease interest expense 11,435 3,885
Deposit paid for acquisition of subsidiaries written off 21,610 0
Impairment on trade receivables (3,001) 0
Impairment on other receivables (30,254) 0
Change in operating assets and liabilities:    
Accounts receivable (1,153) (8,141)
Other receivables, deposits and prepayments (32,494) (70,165)
Inventories 148 (462)
Accounts payables 17,341 (11,912)
Accrued liabilities and other payables (12,466) 9,413
Advanced from director (10,543) 0
Advanced from related parties 6,262 17,091
Net cash used in operating activities (350,484) (597,099)
Cash flows from investing activity:    
Purchase of property, plant and equipment 0 (424,248)
Net cash used in investing activity 0 (424,248)
Cash flows from financing activities:    
Repayments to lease liabilities (32,877) (11,814)
Drawdown of bank loan 0 50,000
Repayment of bank loan (29,560) (50,000)
Lease interest paid (11,435) (3,885)
Advanced from related parties 55,375 0
Advanced from other payables 138,233 0
Proceeds from common stock and common stock to be issued 1,276,828 1,323,200
Net cash provided by financing activities 1,396,564 1,307,501
Net change in cash and cash equivalent 1,046,080 286,154
Foreign currency translation adjustment 2,246 43,280
Net change in cash and cash equivalents 1,048,326 329,434
CASH AND CASH EQUIVALENTS, AT BEGINNING OF PERIOD 200,409 418,917
CASH AND CASH EQUIVALENTS, AT END OF PERIOD 1,248,735 748,351
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for income taxes 0 0
Cash paid for interest $ 0 $ 0