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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2019
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 4,943,614 $ 6,447,505
Certificates of deposit account 5,352,890 5,380,226
Accounts receivable 8,100,930 4,138,469
Other receivables, net 94,184 40,807
Inventories, net 2,206,313 1,052,740
Prepaid expenses and other current assets 25,148 28,042
Advance payments to vendors 22,615 51,340
Total current assets 20,745,694 17,139,129
Property and equipment, net 189,334 131,879
Intangible assets, net 1,390,719 1,109,911
Deferred tax assets, non-current 2,271,800 2,282,975
Goodwill 273,285 273,285
Right of use asset 1,423,313 0
Other assets 281,487 258,097
TOTAL ASSETS 26,575,632 21,195,276
Current liabilities    
Accounts payable 9,105,629 5,672,514
Income tax payable 49,799 654
Advance payments from customers 154,744 0
Accrued liabilities 294,493 247,658
Lease liabilities, current 338,718 0
Total current liabilities 9,943,383 5,920,826
Lease liabilities, non-current 1,086,136 0
Total liabilities 11,029,519 5,920,826
Parent Company stockholders' equity    
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of September 30, 2019 and June 30, 2019 0 0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 10,570,203 shares issued and outstanding as of September 30, 2019 and June 30, 2019 13,972 13,972
Additional paid-in capital 7,442,272 7,442,272
Retained earnings 12,731,379 12,477,441
Treasury stock, 3,472,286 shares as of September 30, 2019 and June 30, 2019 (4,513,479) (4,513,479)
Accumulated other comprehensive loss (653,119) (634,802)
Total Parent Company stockholders' equity 15,021,025 14,785,404
Non-controlling interests 525,088 489,046
Total stockholders' equity 15,546,113 15,274,450
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 26,575,632 $ 21,195,276