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OPERATING SEGMENTS (Tables)
 9 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
SUMMARY OF IDENTIFIABLE ASSETS

The following table presents a summary of identifiable assets as of March 31, 2023 and June 30, 2022:

 

   As of   As of 
   March 31, 2023   June 30, 2022 
Identifiable assets:          
Corporate headquarters  $1,633,771   $844,178 
North America   6,332,955    6,442,219 
Europe   8,351,282    8,727,530 
Asia - Pacific   43,231,859    56,594,705 
Consolidated  $59,549,867   $72,608,632 
SUMMARY OF INVESTMENT UNDER EQUITY METHOD

The following table presents a summary of investment under equity method as of March 31, 2023 and June 30, 2022:

 

   As of   As of 
   March 31, 2023   June 30, 2022 
Investment in associates under equity method:          
Asia - Pacific  $1,066,878   $1,059,368 
Consolidated  $1,066,878   $1,059,368 
SUMMARY OF OPERATING INFORMATION

The following table presents a summary of operating information for the three and nine months ended March 31:

 

   For the Three Months   For the Nine Months 
   Ended March 31,   Ended March 31, 
   2023   2022   2023   2022 
Revenues from unaffiliated customers:                    
North America  $1,365,556   $1,113,820   $4,088,696   $3,104,433 
Europe   2,550,372    2,088,918    7,643,408    7,483,911 
Asia - Pacific   9,590,461    11,607,088    26,870,762    33,115,205 
    13,506,389    14,809,826    38,602,866    43,703,549 
Revenue from affiliated customers                    
Asia - Pacific   -    -    -    - 
    -    -    -    - 
Consolidated  $13,506,389   $14,809,826   $38,602,866   $43,703,549 
                     
Intercompany revenue                    
Europe  $103,249   $105,668   $292,210   $349,345 
Asia - Pacific   2,985,506    3,104,913    7,260,557    6,439,377 
Eliminated  $3,088,755   $3,210,581   $7,552,767   $6,788,722 
                     
Net income (loss) after taxes and before non-controlling interest:                    
Corporate headquarters  $289,652   $(394,375)  $919,914   $(127,742)
North America   (3,702)   (86,722)   82,677    (213,730)
Europe   (103,219)   (575,533)   (586,607)   (973,972)
Asia - Pacific   4,059,800    1,039,158    986,613    4,287,015 
Consolidated  $4,242,531   $(17,472)  $1,402,597   $2,971,571 
                     
Depreciation and amortization:                    
North America  $657   $451   $1,866   $1,544 
Europe   65,584    88,987    207,186    288,481 
Asia - Pacific   716,725    858,495    2,310,417    2,579,646 
Consolidated  $782,966   $947,933   $2,519,469   $2,869,671 
                     
Interest expense:                    
Corporate headquarters  $7,834   $8,105   $16,226   $28,111 
North America   -    -    -    - 
Europe   1,806    1,766    8,146    8,050 
Asia - Pacific   178,497    76,045    487,738    241,576 
Consolidated  $188,137   $85,916   $512,110   $277,737 
                     
Income tax expense:                    
Corporate headquarters  $-   $-   $-   $(43,354)
North America   1,600    400    1,600    46,154 
Europe   2,822    -    2,822    9,524 
Asia - Pacific   223,296    157,204    636,700    514,413 
Consolidated  $227,718   $157,604   $641,122   $526,737 
SUMMARY OF CAPITAL EXPENDITURES

The following table presents a summary of capital expenditures for the nine months ended March 31:

 

   For the Nine Months 
   Ended March 31, 
   2023   2022 
Capital expenditures:          
North America  $4,880   $- 
Europe   31,519    134,450 
Asia - Pacific   1,538,660    1,546,406 
Consolidated  $1,575,059   $1,680,856