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v3.19.3.a.u2

Operating Segments (Tables) | 6 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Summary of Identifiable Assets | The following table presents a summary of identifiable assets as of December 31, 2019 and June 30, 2019:
|  | As of |  |  | As of |
|  | December 31, 2019 |  |  | June 30, 2019 |
Identifiable assets: |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | 4,575,457 |  |  | $ | 2,947,727 |
North America |  |  | 5,707,374 |  |  |  | 5,730,928 |
Europe |  |  | 10,738,492 |  |  |  | 8,399,033 |
Asia - Pacific |  |  | 69,980,268 |  |  |  | 70,419,331 |
Consolidated |  | $ | 91,001,591 |  |  | $ | 87,497,019 |
Summary of Investment Under Equity Method | The following table presents a summary of investment under equity method as of December 31, 2019 and June 30, 2019:
|  | As of |  |  | As of |
|  | December 31, 2019 |  |  | June 30, 2019 |
Investment in associates under equity method: |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | 587,303 |  |  | $ | 686,504 |
Asia - Pacific |  |  | 1,824,504 |  |  |  | 1,967,265 |
Consolidated |  | $ | 2,411,807 |  |  | $ | 2,653,769 |
Summary of Operating Information | The following table presents a summary of operating information for the three and six months ended December 31:
|  | For the Three Months |  |  | For the Six Months |
|  | Ended December 31, |  |  | Ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Revenues from unaffiliated customers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 1,277,343 |  |  | $ | 977,450 |  |  | $ | 2,254,518 |  |  | $ | 1,820,535 |
Europe |  |  | 2,842,329 |  |  |  | 2,100,225 |  |  |  | 5,434,668 |  |  |  | 4,020,159 |
Asia - Pacific |  |  | 11,512,923 |  |  |  | 13,750,460 |  |  |  | 21,432,892 |  |  |  | 27,153,855 |
|  |  | 15,632,595 |  |  |  | 16,828,135 |  |  |  | 29,122,078 |  |  |  | 32,994,549 |
Revenue from affiliated customers |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Europe |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Asia - Pacific |  |  | 57,424 |  |  |  | 174,492 |  |  |  | 140,357 |  |  |  | 404,623 |
|  |  | 57,424 |  |  |  | 174,492 |  |  |  | 140,357 |  |  |  | 404,623 |
Consolidated |  | $ | 15,690,019 |  |  | $ | 17,002,627 |  |  | $ | 29,262,435 |  |  | $ | 33,399,172 |
Intercompany revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Europe |  | $ | 164,401 |  |  | $ | 157,677 |  |  | $ | 311,226 |  |  | $ | 296,330 |
Asia - Pacific |  |  | 2,505,437 |  |  |  | 2,305,472 |  |  |  | 3,570,203 |  |  |  | 5,497,858 |
Eliminated |  | $ | 2,669,838 |  |  | $ | 2,463,149 |  |  | $ | 3,881,429 |  |  | $ | 5,794,188 |
Net income (loss) after taxes and before non-controlling interest: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate headquarters |  | $ | (379,882 | ) |  | $ | (1,142,067 | ) |  | $ | (1,244,092 | ) |  | $ | (2,360,454 | )
North America |  |  | 154,335 |  |  |  | (155,550 | ) |  |  | 96,348 |  |  |  | (334,180 | )
Europe |  |  | 423,649 |  |  |  | 231,845 |  |  |  | 804,743 |  |  |  | 405,933 |
Asia - Pacific |  |  | 348,834 |  |  |  | 5,396,756 |  |  |  | (1,371,322 | ) |  |  | 7,900,820 |
Consolidated |  | $ | 546,936 |  |  | $ | 4,330,984 |  |  | $ | (1,714,323 | ) |  | $ | 5,612,119 |
Summary of Capital Expenditures | The following table presents a summary of capital expenditures for the six months ended December 31:
|  | For the Six Months |
|  | Ended December 31, |
|  | 2019 |  |  | 2018 |
Capital expenditures: |  |  |  |  |  |  |  |
North America |  | $ | 2,405 |  |  | $ | 1,383 |
Europe |  |  | 329,332 |  |  |  | 217,401 |
Asia - Pacific |  |  | 454,262 |  |  |  | 1,222,453 |
Consolidated |  | $ | 785,999 |  |  | $ | 1,441,237 |

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