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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 1,023,922 $ (429,692)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 43,871 54,570
Amortization of intangible assets 198,268 245,931
Deferred tax (benefit) 125,169 (77,875)
Amortization of right of use asset 11,267 0
Increase (decrease) in cash due to change in:    
Accounts receivable (3,302,551) 948,864
Inventories (1,933,989) (300,261)
Prepaid expenses and other current assets (683) (10,952)
Prepaid income tax 0 25,144
Advance payments to vendors 37,229 18,180
Other assets (29,541) 518
Accounts payable 7,201,760 638,137
Income tax payable 49,145 0
Advance payments from customers 0 (164,779)
Accrued liabilities (10,725) (10,972)
Net cash provided by operating activities 3,413,142 936,813
CASH FLOWS FROM INVESTING ACTIVITIES:    
Short-term investments 4,607 0
Purchases of shares of a subsidiary 0 (234,330)
Purchases of property and equipment (138,090) (58,599)
Payments for capitalized development costs (333,668) (64,405)
Purchases of intangible assets (26,760) (1,345)
Net cash used in investing activities (493,911) (358,679)
Effect of foreign currency translation 18,750 (3,299)
Net increase in cash and cash equivalents 2,937,981 574,835
Cash and cash equivalents, beginning of period 6,447,505 11,975,944
Cash and cash equivalents, end of period 9,385,486 12,550,779
Supplemental disclosure of cash flow information:    
Cash paid during the periods for: Interest 0 0
Cash paid during the periods for: Income taxes $ (800) $ (800)