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Note 7 - Investment Properties | 3 Months Ended
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Sep. 30, 2025
Notes to Financial Statements |
Investment Property In China [Text Block] |
7. | INVESTMENT PROPERTIES
The following table presents the Company’s investment in properties in China as of September 30, 2025. The exchange rate is based on the market rate as of September 30, 2025.
|  | September 30, |  |  | June 30, |
|  | 2025 |  |  | 2025 |
|  | (Unaudited) |  |  |  |  |
Property I – MaoYe Property |  |  |  |  |  |  |  |
Cost |  | $ | 301 |  |  | $ | 301 |
Less: Accumulated depreciation |  |  | (254 | ) |  |  | (250 | )
Currency translation effect |  |  | (10 | ) |  |  | (11 | )
|  | $ | 37 |  |  |  | 40 |
|  | September 30, |  |  | June 30, |
|  | 2025 |  |  | 2025 |
|  | (Unaudited) |  |  |  |  |
Property II – JiangHuai Property |  |  |  |  |  |  |  |
Cost |  | $ | 137 |  |  | $ | 137 |
Less: Accumulated depreciation |  |  | (31 | ) |  |  | (25 | )
Currency translation effect |  |  | 1 |  |  |  | 1 |
|  | $ | 107 |  |  | $ | 113 |
|  | September 30, |  |  | June 30, |
|  | 2025 |  |  | 2025 |
|  | (Unaudited) |  |  |  |  |
Property III – FuLi Property |  |  |  |  |  |  |  |
Cost |  | $ | 648 |  |  | $ | 648 |
Less: Accumulated depreciation |  |  | (389 | ) |  |  | (382 | )
Currency translation effect |  |  | (73 | ) |  |  | (74 | )
|  | $ | 186 |  |  | $ | 192 |
Rental Property I – MaoYe Property MaoYe Property generated a rental income of $6 during the three months ended September 30, 2025, and 2024, respectively. A lease agreement was entered into on February 1, 2023 for a period of 4 years at a monthly rate of RMB15, or approximately $1. Pursuant to the agreement, monthly rental will increase by 5% after the second year. Depreciation expense for MaoYe Property was $4 for the three months ended September 30, 2025, and 2024, respectively. Rental Property II – JiangHuai JiangHuai Property generated rental income of $1 and $nil or the three months ended September 30, 2025 and 2024, respectively. On January 1, 2025, the Company entered into a three-year lease agreement with a monthly rental payment of RMB2, or approximately $0.3. On September 17, 2025, the Company entered into another one-year lease with a monthly rental of RMB2, or approximately $0.3. Additionally, on October 30, 2025, the Company executed three separate lease agreements with terms of three years each and a monthly rental of RMB2, or approximately $0.3. Depreciation expense for JiangHuai was $6 for the three months ended September 30, 2025, and 2024, respectively. Rental Property III – FuLi FuLi Property generated a rental income of $3 and $nil for the three months ended September 30, 2025, and 2024, respectively. A lease agreement was entered into October 10, 2024 for a period of 4 years at a monthly rate of RMB9, or approximately $1. Pursuant to the agreement, monthly rental will increase by 5% after the second year. Depreciation expense for FuLi was $7 for the three months ended September 30, 2025, and 2024, respectively. Summary Total rental income for all investment properties in China was $10 and for the three months ended September 30, 2025, as compared to $6 for three months ended September 30, 2024, respectively. Depreciation expense for all investment properties in China was $17 for the three months ended September 30, 2025, and 2024, respectively.

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