v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2026
Jun. 30, 2025
CURRENT ASSETS    
Cash $ 1,300,306 $ 4,814,872
Note receivable 65,152
Prepayment, deposit and other receivable 5,414,243 221,993
Inventories, net 22,024 96,534
Right of return asset 126,272 141,687
Current assets from discontinued operation 3,520,388
Total current assets 17,045,662 10,278,926
NON-CURRENT ASSETS    
Property and equipment at cost, net of accumulated depreciation 201,883 160,602
Intangible assets, net 301,328 365,440
Right of use operating lease assets, net 197,384 271,273
Deposit 34,394 38,934
Non-current assets from discontinued operation 3,290,286
Total non-current assets 734,989 4,126,535
TOTAL ASSETS 17,780,651 14,405,461
CURRENT LIABILITIES    
Accounts payables 980,149 1,018,228
Accrued liabilities and other payables 2,000,467 1,161,864
Current portion of obligations under operating leases 78,945 108,817
Loans payable, current 184,609 262,870
Contract liabilities 3,847 15,355
Tax payable 418,328 233,078
Convertible debts - current 85,085 910,675
Refund liabilities 239,439 77,235
Current liabilities from discontinued operation 5,877,931
Total current liabilities 3,990,869 9,666,053
NON-CURRENT LIABILITIES    
Loans payable, non-current 49,094
Deferred tax liabilities 4,245 83,100
Obligations under operating leases, non-current 124,480 150,823
Non-current liabilities from discontinued operation 1,659,800
Total non-current liabilities 177,819 1,893,723
TOTAL LIABILITIES 4,168,688 11,559,776
Commitments and Contingencies
EQUITY    
Common stocks, $0.0001 par value, 200,000,000 shares authorized, 34,427,559 and 10,500,000 issued and outstanding as of March 31, 2026 and June 30, 2025, respectively 3,443 1,050
Subscription receivable (1,427,769)
Additional paid-in capital 22,681,315 8,084,275
Statutory reserve 88,662 63,416
Deficits (8,139,106) (5,315,371)
Accumulated other comprehensive income 405,418 12,315
Total equity 13,611,963 2,845,685
TOTAL LIABILITIES AND EQUITY 17,780,651 14,405,461
Third Party    
CURRENT ASSETS    
Accounts receivable – third parties, net of credit loss allowance of $171,180 and $33,039 1,853,623 1,406,920
Loan receivable from a third party, net of credit loss allowance of $350,000 and nil $ 8,329,194 $ 11,380