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Segment Reporting
3 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
SEGMENT REPORTING

NOTE 14 — SEGMENT REPORTING

 

An operating segment is a component of the Company that engages in business activities from which it may earn revenues and incur expenses, and is identified on the basis of the internal financial reports that are provided to and regularly reviewed by the Company’s chief operating decision maker in order to allocate resources and assess performance of the segment.

 

Management of the Company concludes that it has only one reporting segment. The Company is primarily engaged in the business of providing customized cross-border ocean freights solutions and airfreight solutions.

 

The Company’s CEO reviews consolidated results when making decisions about allocating resources and assessing performance of the Company, rather than by service types or customer geographic location; hence the Company concluded it has only one reporting segment.

 

The following table presents sales by service type for the three months ended September 30, 2024 and 2023, respectively:

 

By service type

 

   For the three months ended
September 30,
 
   2024   2023 
Cross-border ocean freights solutions  $1,836,591   $1,703,657 
Cross-border airfreights solutions   2,244,963    2,444,819 
Total revenue  $4,081,554   $4,148,476 

 

The following table presents sales by customer geographic location for the three months ended September 30, 2024 and 2023, respectively:

 

By customer geographic location

 

   For the three months ended
September 30,
 
   2024   2023 
Asia-based customers  $2,809,636   $1,694,223 
U.S.-based customers   1,271,918    2,454,253 
Total revenue  $4,081,554   $4,148,476