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Unaudited Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]        
REVENUES $ 22,808,214 $ 13,133,902 $ 57,300,642 $ 39,348,154
TOTAL REVENUES 22,808,214 13,133,902 57,300,642 39,348,154
COST OF REVENUES 13,598,563 7,369,127 33,219,677 23,073,000
GROSS PROFIT 9,209,651 5,764,775 24,080,965 16,275,154
OPERATING EXPENSES:        
Selling and fulfillment 5,030,267 3,071,897 12,338,027 9,070,320
General and administrative 2,802,395 1,904,144 7,940,349 4,486,621
Total operating expenses 7,832,662 4,976,041 20,278,376 13,556,941
INCOME FROM OPERATIONS 1,376,989 788,734 3,802,589 2,718,213
OTHER INCOME (EXPENSE)        
Interest income (expenses) (152,030) (60,118) (227,142) (109,656)
Other financing expenses (71,010) (60,692) (80,010) (98,139)
PPP loan forgiveness 0 175,500 0 175,500
Gain (Loss) on equity method investment (12,289) 0 (12,289) 0
Other non-operating income (expense) 75,882 (812,434) 85,473 (794,582)
Total other (expenses), net (159,447) (757,744) (233,968) (826,877)
INCOME BEFORE INCOME TAXES 1,217,542 30,990 3,568,621 1,891,336
PROVISION FOR INCOME TAXES 39,855 237,813 705,545 760,687
NET INCOME (LOSS) 1,177,687 (206,823) 2,863,076 1,130,649
Non-controlling interest (4,070) 0 (4,070) 0
NET INCOME (LOSS) ATTRIBUTABLE TO IPOWER INC. 1,181,757 (206,823) 2,867,146 1,130,649
OTHER COMPREHENSIVE LOSS        
Foreign currency translation adjustments (3,226) 0 (3,226) 0
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO IPOWER INC. $ 1,178,531 $ (206,823) $ 2,863,920 $ 1,130,649
WEIGHTED AVERAGE NUMBER OF COMMON STOCK*        
Basic 28,045,130 20,204,496 26,999,342 20,204,496
Diluted 28,045,130 20,204,496 26,999,342 20,204,496
EARNINGS (LOSSES) PER SHARE        
Basic $ 0.042 $ (0.010) $ 0.106 $ 0.056
Diluted $ 0.042 $ (0.010) $ 0.106 $ 0.056