Segment Reporting (Tables)

6 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of segment reporting information

	Three Months Ended			Three Months Ended			Six Months Ended			Six Months Ended
	December 31, 2020			December 31, 2019			December 31, 2020			December 31, 2019
Revenues from unaffiliated customers:
Jinong	$	14,901,875		$	14,521,485		$	29,431,187		$	33,576,301
Gufeng		22,436,394			22,266,549			38,264,597			38,589,766
Yuxing		2,682,195			2,461,510			5,105,683			5,001,221
Sales VIEs		8,320,878			10,315,465			19,698,107			23,219,292
Consolidated	$	48,341,342		$	49,565,009		$	92,499,574		$	100,386,580
Operating income (loss):
Jinong	$	(6,822,917	)	$	(6,345,818	)	$	(5,064,240	)	$	(5,767,775	)
Gufeng		(29,684,059	)		(21,628,851	)		(60,820,293	)		(33,129,109	)
Yuxing		151,213			141,271			288,426			295,949
Sales VIEs		(1,592,608	)		547,915			(1,240,771	)		4,841,232
Reconciling item (1)		-			-			-			-
Reconciling item (2)		455,876			(512,534	)		-			(851,214	)
Consolidated	$	(37,492,495	)	$	(27,798,017	)	$	(66,836,878	)	$	(34,610,917	)
Net income (loss):
Jinong	$	(6,808,850	)	$	(5,381,542	)	$	(5,290,807	)	$	(4,857,441	)
Gufeng		(29,815,966	)		(21,682,935	)		(61,009,636	)		(33,194,889	)
Yuxing		167,650			140,943			304,559			295,498
Sales VIEs		(1,702,737	)		355,224			(1,734,009	)		4,223,710
Reconciling item (1)		2			1			2			7
Reconciling item (2)		(1,876,485	)		(512,534	)		(3,246,858	)		(851,214	)
Reconciling item (3)		(277	)		(36	)		(12,827	)		(12,350	)
Consolidated	$	(40,036,663	)	$	(27,080,879	)	$	(70,989,577	)	$	(34,396,679	)
Depreciation and Amortization:
Jinong	$	202,293		$	190,770		$	394,871		$	381,848
Gufeng		303,556			516,523			608,667			1,036,858
Yuxing		311,775			293,996			610,571			589,649
Sales VIEs		129,414			180,739			253,363			361,862
Consolidated	$	947,039		$	1,182,028		$	1,867,471		$	2,370,218
Interest expense:
Jinong		-			19,188			-			25,600
Gufeng		67,185			68,204			123,953			138,993
Yuxing		-			-			-			-
Sales VIEs		-			(77,098	)		-			(77,097	)
Consolidated	$	67,185		$	10,294		$	123,953		$	87,496
Capital Expenditure:
Jinong	$	53,381		$	20,371		$	57,048		$	24,949
Gufeng		18,308			-			35,753			-
Yuxing		-			18,762			-			25,585
Sales VIEs		-			-			-			-
Consolidated	$	71,689		$	39,132		$	92,801		$	50,533

	As of
	December 31,			June 30,
	2020			2020
Identifiable assets:
Jinong	$	84,809,661		$	83,055,679
Gufeng		167,150,529			213,038,203
Yuxing		37,626,582			34,310,053
Sales VIEs		46,392,824			44,715,491
Reconciling item (1)		(35,572,923	)		(33,157,364	)
Reconciling item (2)		166,121			166,121
Consolidated	$	300,572,794		$	342,128,183