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CONSOLIDATED BALANCE SHEETS (USD $)
Mar. 31, 2012
Jun. 30, 2011
Current assets:    
Cash and cash equivalents $ 12,605,526 $ 11,357,878
Accounts receivable 2,296,078 6,916,020
Inventories 161,297 934,636
Prepaid expenses and other current assets 45,085 24,918
Employee loan 35,156  
Prepaid income taxes 101,498 88,261
Deferred tax assets, current 220,031 220,031
Advance payment to vendor 431,713 41,376
Total current assets 15,896,384 19,583,120
Property and equipment, net 343,867 440,120
Intangible assets, net 2,977,914 2,275,357
Deferred tax assets, non-current 2,221,577 1,459,119
Goodwill 273,285 273,285
Other assets 139,604 140,258
TOTAL ASSETS 21,852,631 24,171,259
Current liabilities    
Accounts payable 2,028,604 2,781,651
Advance payments from customers 5,576 15,507
Income taxes payable   121,362
Accrued liabilities 371,630 319,415
Marketing funds payable 1,633,806 1,633,806
Short-term borrowings 139,134 139,134
Total current liabilities 4,178,750 5,010,875
Other long-term liabilities 186,600 188,104
Total liabilities 4,365,350 5,198,979
Commitments and contingencies      
Preferred stock, par value $0.001 per share, authorized 10,000,000 shares; No preferred stock issued and outstanding as of March 31, 2012 and June 30, 2011      
Common stock, par value $0.001 per share, authorized 50,000,000 shares; 11,882,971 and 11,812,971 shares issued and outstanding as of March 31, 2012 and June 30, 2011, respectively 13,616 13,546
Additional paid-in capital 6,623,936 6,420,672
Retained earnings 11,952,101 13,527,435
Treasury stock, 1,803,684 shares (1,873,065) (1,873,065)
Non-controlling interests 742,061 900,874
Accumulated other comprehensive income (loss) 28,632 (17,182)
Total stockholders’ equity 17,487,281 18,972,280
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 21,852,631 $ 24,171,259