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Unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
REVENUES        
Revenues $ 16,569,678 $ 23,308,508 $ 54,650,770 $ 66,617,004
Total revenues 16,569,678 23,308,508 54,650,770 66,617,004
COST OF REVENUES        
Cost of revenues 9,392,704 12,941,399 30,596,013 37,172,810
Total cost of revenues 9,392,704 12,941,399 30,596,013 37,172,810
GROSS PROFIT 7,176,974 10,367,109 24,054,757 29,444,194
OPERATING EXPENSES:        
Selling and fulfillment 5,531,751 5,444,649 16,075,473 22,445,100
General and administrative 1,914,226 3,321,184 10,311,114 9,218,842
Total operating expenses 7,445,977 8,765,833 26,386,587 31,663,942
(LOSS) INCOME FROM OPERATIONS (269,003) 1,601,276 (2,331,830) (2,219,748)
OTHER INCOME (EXPENSE)        
Interest expenses (81,968) (181,199) (362,602) (592,176)
Loss on equity method investment (986) (792) (2,707) (2,618)
Other non-operating income (expenses) 35,601 (29,669) 48,329 32,003
Total other expenses, net (47,353) (211,660) (316,980) (562,791)
(LOSS) INCOME BEFORE INCOME TAXES (316,356) 1,389,616 (2,648,810) (2,782,539)
PROVISION FOR INCOME TAX EXPENSE (BENEFIT) 26,017 377,147 (489,984) (587,674)
NET (LOSS) INCOME (342,373) 1,012,469 (2,158,826) (2,194,865)
Non-controlling interest (2,774) (3,613) (8,765) (9,604)
NET (LOSS) INCOME ATTRIBUTABLE TO IPOWER INC. (339,599) 1,016,082 (2,150,061) (2,185,261)
OTHER COMPREHENSIVE (LOSS) INCOME        
Foreign currency translation adjustments (97,556) 69,122 3,520 (91,840)
COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO IPOWER INC. $ (437,155) $ 1,085,204 $ (2,146,541) $ (2,277,101)
WEIGHTED AVERAGE NUMBER OF COMMON STOCK        
Basic 31,455,248 29,821,811 31,434,479 29,791,990
Diluted 31,455,248 29,821,811 31,434,479 29,791,990
(LOSSES) EARNINGS PER SHARE        
Basic $ (0.01) $ 0.03 $ (0.07) $ (0.07)
Diluted $ (0.01) $ 0.03 $ (0.07) $ (0.07)
Product [Member]        
REVENUES        
Revenues $ 15,546,233 $ 22,593,081 $ 51,428,534 $ 65,901,577
Total revenues 15,546,233 22,593,081 51,428,534 65,901,577
COST OF REVENUES        
Cost of revenues 8,512,709 12,360,170 27,891,276 36,591,581
Total cost of revenues 8,512,709 12,360,170 27,891,276 36,591,581
Service [Member]        
REVENUES        
Revenues 1,023,445 715,427 3,222,236 715,427
Total revenues 1,023,445 715,427 3,222,236 715,427
COST OF REVENUES        
Cost of revenues 879,995 581,229 2,704,737 581,229
Total cost of revenues $ 879,995 $ 581,229 $ 2,704,737 $ 581,229