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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 289,980 $ 123,170
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Depreciation 20,125 26,661
Amortization of intangible assets 86,136 123,805
Deferred tax 11,175 41,970
Amortization of right of use asset 1,541 0
Increase (decrease) in cash due to change in:    
Accounts receivable (4,015,838) (739,652)
Inventories (1,153,573) (325,292)
Prepaid expenses and other current assets 2,894 (1,637)
Advance payments to vendors 28,725 40,845
Other assets (23,390) (256)
Accounts payable 3,433,115 5,557,538
Income tax payable 49,145 0
Advance payments from customers 154,744 (5,951)
Accrued liabilities 46,835 19,764
Net cash (used in) provided by operating activities (1,068,386) 4,860,965
CASH FLOWS FROM INVESTING ACTIVITIES:    
Short-term investments 27,336 0
Purchases of property and equipment (77,580) (980)
Payments for capitalized development costs (348,668) (33,905)
Purchases of intangible assets (18,276) (1,098)
Net cash used in investing activities (417,188) (35,983)
Effect of foreign currency translation (18,317) (13,843)
Net (decrease) increase in cash and cash equivalents (1,503,891) 4,811,139
Cash and cash equivalents, beginning of period 6,447,505 11,975,944
Cash and cash equivalents, end of period 4,943,614 16,787,083
Supplemental disclosure of cash flow information:    
Cash paid during the periods for: Interest 0 0
Cash paid during the periods for: Income taxes $ 0 $ 0