XML 90 R51.htm IDEA: XBRL DOCUMENT v3.23.4
Summary of Significant Accounting Policies (Details) - USD ($)
 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Summary of Significant Accounting Policies (Details) [Line Items]    
Cash $ 6,413,367  
Notes receivable $ 18,000
Allowance for uncollectable balances 99,003
Inventory allowance $ 1,851
Intangible assets over useful lives term 10 years  
Prepaid expenses and other current assets [1] 629,748
Deferred revenue 1,671,353 3,651,700
Cost of revenue 209,112,615 282,561,907
Selling expenses 1,991,992 1,931,785
Capitalized software development costs 63,698 16,351
General and administrative expenses $ 437,261 530,144
Tax benefit rate 50.00%  
Income before taxes $ 877,850 1,109,748
Value added tax rate description The Company is a general taxpayer and is subject to applicable VAT tax rate of 6% or 16%, and starting from April 1, 2019, the Company is subject to applicable VAT tax rate of 6% or 13%.  
Consolidated statements of income and comprehensive income amount $ 175,762 199,472
Government subsidies and other operating income 125,125 213,741
Shipping and Handling Costs [Member}    
Summary of Significant Accounting Policies (Details) [Line Items]    
Cost of revenue 474,543 589,291
Selling expenses $ 423,606 $ 445,840
Minimum [Member]    
Summary of Significant Accounting Policies (Details) [Line Items]    
Investments rate 1.50%  
Transaction and earns a commission fee percentage 0.15%  
Maximum [Member]    
Summary of Significant Accounting Policies (Details) [Line Items]    
Investments rate 2.50%  
Transaction and earns a commission fee percentage 1.50%  
[1] Deferred initial public offering costs of nil and $629,748 was included in “prepaid expenses and other current assets” as of June 30, 2023 and 2022, respectively.