Consolidated Balance Sheets - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Current assets:
Cash and cash equivalents	$ 26,277,418	$ 45,796,006
Short-term investments-others	16,336,659	5,386,034
Accounts receivable, net	1,322,619	2,542,429
Other receivables, net	40,132	50,040
Inventories, net	4,197,863	975,519
Prepaid expenses and other current assets	40,939	44,984
Advance payments to vendors	174,796	40,630
Total current assets	48,390,426	54,835,642
Property and equipment, net	105,952	151,610
Intangible assets, net	1,350,056	1,246,750
Deferred tax assets, non-current	1,347,436	387,548
Goodwill	273,285	273,285
Right of use assets	448,621	753,263
Other assets	126,095	140,539
TOTAL ASSETS	52,041,871	57,788,637
Current liabilities:
Accounts payable	8,143,305	9,718,989
Income tax payable	6,702	333,503
Unearned revenue	231,624	0
Accrued liabilities	589,907	785,525
Lease liabilities, current	308,834	317,519
Total current liabilities	9,280,372	11,155,536
Lease liabilities, non-current	159,104	467,937
Total liabilities	9,439,476	11,623,473
Commitments and contingencies (Note 8)
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 June 30, 2022, and 2021	0	0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 11,684,280 and 11,590,281 shares issued and outstanding as of June 30, 2022, and 2021, respectively	14,163	14,069
Additional paid-in capital	13,593,426	12,972,234
Retained earnings	31,964,246	35,727,094
Treasury stock, 2,549,208 shares as of June 30, 2022, and 2021	(3,554,893)	(3,554,893)
Accumulated other comprehensive loss	(984,152)	(472,502)
Total Parent Company stockholders’ equity	41,032,790	44,686,002
Non-controlling interests	1,569,605	1,479,162
Total stockholders’ equity	42,602,395	46,165,164
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 52,041,871	$ 57,788,637