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Combined Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities      
Net loss for the year $ (5,369) $ (743) $ (3,469)
Adjustments to reconcile net loss to net cash provided by operating activities      
Depreciation and amortization 498 1,014 1,176
Expected credit loss 0 49 6
Share-based compensation expenses 236 102 753
Loss on early termination of right-of-use asset 273 0 0
Gain on disposal of subsidiaries (138) 0 0
Asset impairment loss 0 2,158 0
Changes in deferred taxes 0 (324) 0
Changes in operating assets and liabilities      
Deposits, prepayments and other current assets (397) (45) 125
Due from related parties 0 0 1,386
Commission payable (482) (56) 489
Income tax payable (102) 36 0
Lease liability (525) (1,024) (955)
Other payables and accrued liabilities (275) 18 (173)
Due to related parties (201) 1,379 10,109
Net cash provided by/ (used in) operating activities (6,482) 2,564 9,447
Cash flows from investing activities      
Purchase of intangible assets 0 0 (256)
Purchase of property and equipment (2) 0 0
Net cash inflow from disposal of subsidiaries 33 0 0
Placement of short term investments (8,791) 0 0
Net cash used in investing activities (8,760) 0 (256)
Cash flows from financing activity      
Proceeds from issuance of ordinary shares 1,008 0 0
Net cash financing activity 1,008 0 0
Net increase/(decrease) in cash, cash equivalents (14,234) 2,564 9,191
Cash and cash equivalents at beginning of the year 15,184 12,620 3,429
Cash and cash equivalents at end of the year 950 15,184 12,620
Supplemental disclosure of cash flow information:      
Income taxes paid 479 192 3
Supplemental disclosure of non-cash flow information:      
Debt restructuring gain recognized in capital reserve 11,294 0 0
Lease liabilities arising from obtaining right-of-use assets $ 0 $ 0 $ 2,916