Consolidated Balance Sheets - USD ($)	Mar. 31, 2024	Jun. 30, 2023
Current assets:
Cash and cash equivalents	$ 7,004,494	$ 12,241,286
Short-term investments	24,732,707	26,728,313
Accounts receivable	10,262,320	8,949,802
Advance to vendors	57,043	53,875
Other receivables, prepaid expenses, and other current assets	128,504	51,125
Inventories, net	1,136,035	3,741,637
Prepaid income taxes	136,641	0
Loan to an employee	90,012	91,057
Total current assets	43,547,756	51,857,095
Property and equipment, net	126,046	101,088
Intangible assets, net	1,585,201	2,180,884
Deferred tax assets, non-current	2,809,830	2,235,515
Goodwill	273,285	273,285
Right of use assets	1,542,462	152,665
Other assets	134,239	126,546
TOTAL ASSETS	50,018,819	56,927,078
Current liabilities:
Accounts payable	6,281,925	12,950,497
Income tax payable	0	6,556
Contract liabilities and advance from customers	195,599	146,488
Accrued legal contingency expense	2,400,000	2,400,000
Accrued liabilities	1,335,915	849,605
Lease liabilities, current	233,501	159,104
Total current liabilities	10,446,940	16,512,250
Lease liabilities, non-current	1,326,489
Total liabilities	11,773,429	16,512,250
Commitments and contingencies (Note 6)
Parent Company stockholders’ equity
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; none issued and outstanding	0	0
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 11,784,280 shares issued and outstanding	14,263	14,263
Additional paid-in capital	14,647,056	14,438,196
Retained earnings	26,903,234	29,101,225
Treasury stock, 2,549,208 shares	(3,554,893)	(3,554,893)
Accumulated other comprehensive loss	(1,153,048)	(1,071,930)
Total Parent Company stockholders’ equity	36,856,612	38,926,861
Noncontrolling interests	1,388,778	1,487,967
Total stockholders’ equity	38,245,390	40,414,828
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 50,018,819	$ 56,927,078