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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from Operating Activities    
Net loss $ (962,900) $ (7,366,118)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 51,071 46,973
Amortization 1,282
Operating lease expense 57,687 65,968
Stock compensation expense 6,739,128
Changes in operating assets and liabilities:    
Accounts receivable (3,397)
Other receivables 10,776 (27,428)
Prepayments (78,131) (30,820)
Inventories 848 (22,963)
Due from related parties (9,758) 35,889
Accounts payable 224,965 (169,066)
Deposits received 585,035 290,030
Accrued expenses (26,813)  
Due to related parties 374,589 159,754
Security deposits 27,188 121,311
Other payables 260,836 95,683
Payment of operating lease liabilities (21,633) (24,982)
Other current liabilities 12,900 (2,550)
Net cash provided by (used in) operating activities 507,942 (92,588)
Cash Flows from Investing Activities    
Purchase of property, plant and equipment (69,584) (108,130)
Purchase of intangible asset (5,769)
Net cash used in investing activities (75,353) (108,130)
Cash Flows from Financing Activities    
Shares issued for cash 31,228
Repayment of short-term borrowing from third party (138,450) 54,648
Net cash (used in) provided by Financing Activities (138,450) 85,876
Effect of exchange rate fluctuation on cash and cash equivalents (6,189) 3,539
Net increase (decrease) in cash and cash equivalents 287,950 (111,303)
Cash and cash equivalents, beginning of period 356,672 273,116
Cash and cash equivalents, end of period 644,622 161,813
Supplemental Non-Cash Investing and Financing Activities    
Share issuance for lease payment 106,680
Share issuance in exchange for equipment 15,240
Right-of-use assets obtained in exchange for new operating lease liabilities 70,914
Supplemental disclosure of cash flow information    
Cash paid for income taxes 11,678
Cash paid for interest expense