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Inventories, net
6 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Inventories, net

Note 4 – Inventories, net

 

As of December 31, 2021 and June 30, 2021, inventories consisted of finished goods ready for sale, net of allowance for obsolescence, amounted to $19,908,500 and $13,065,741, respectively.

 

As of December 31, 2021 and June 30, 2021, allowance for obsolescence was $151,532 and $95,574, respectively. There was $55,958 allowance for credit loss for the three and six months ended December 31, 2021.