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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 2,083,786 $ (657,204)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation 67,829 72,459
Amortization of intangible assets 344,382 339,708
Deferred tax (benefit) 358,364 (186,126)
Amortization of right of use asset 48,290 0
Increase (decrease) in cash due to change in:    
Accounts receivable (7,098,137) (31,885)
Other receivables (10,597) 97,752
Inventories 234,208 844,090
Prepaid expenses and other current assets 13,683 (5,148)
Prepaid income tax 0 25,144
Advance payments to vendors 23,116 24,688
Other assets (23,305) (97,698)
Accounts payable 5,685,328 (969,177)
Advance payments from customers 612 (157,138)
Income tax payable 49,145 0
Accrued liabilities 102,832 (16,491)
Net cash provided by (used in) operating activities 1,879,536 (717,026)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Short-term investments 22,172 0
Purchases of shares of a subsidiary (75,000) (234,330)
Purchases of property and equipment (157,688) (63,779)
Payments for capitalized development costs (343,360) (168,910)
Purchases of intangible assets (151,218) (20,928)
Net cash used in investing activities (705,094) (487,947)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of stock related to stock options exercised 27,769 0
Net cash provided by financing activities 27,769 0
Effect of foreign currency translation (35,590) (7,650)
Net increase (decrease) in cash and cash equivalents 1,166,621 (1,212,623)
Cash and cash equivalents, beginning of period 6,447,505 11,975,944
Cash and cash equivalents, end of period 7,614,126 10,763,321
Supplemental disclosure of cash flow information:    
Cash paid during the periods for: Interest 0 0
Cash paid during the periods for: Income taxes $ (800) $ (800)