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Disposal of Subsidiary (Tables) | 12 Months Ended
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Jun. 30, 2024
Disposal of Subsidiary [Abstract] |
Schedule of Carrying Value of the Assets and Liabilities | The following table summarizes the carrying value of the assets and liabilities of Zhangxun at June 30, 2023.
Cash |  | $ | 34 |
Accounts receivable |  |  | 254,988 |
Other current assets |  |  | 50,406 |
Fixed assets, net |  |  | 10,012 |
Intangible assets, net |  |  | 344,629 |
Total assets |  |  | 660,069 |
Accounts payable |  | $ | 530,260 |
Advance from customers |  |  | 94,126 |
Accrued liability and other payables |  |  | 749,156 |
Loan payables |  |  | 153,045 |
Intercompany payables to existing entities |  |  | 1,475,216 |
Total liabilities |  |  | 3,001,803 |
Non-controlling interest |  | $ | (7,079 | )
Schedule of Operations Relating to Discontinued Operations | The following table shows the results of operations relating to discontinued operations Zhangxun for the years ended June 30, 2024 and 2023, respectively.
|  | YEARS ENDED JUNE 30, |
|  | 2024 |  |  | 2023 |
Revenues |  | $ | - |  |  | $ | 3,520,142 |
Cost of goods sold |  |  | - |  |  |  | 3,199,171 |
Gross profit |  |  | - |  |  |  | 320,971 |
Operating expenses |  |  |  |  |  |  |  |
Selling |  |  | - |  |  |  | 318,092 |
General and administrative |  |  | - |  |  |  | 1,036,976 |
Research and development |  |  | - |  |  |  | 351,385 |
Total operating expenses |  |  | - |  |  |  | 1,706,453 |
Loss from operations |  |  | - |  |  |  | (1,385,482 | )
Gain on disposal of Zhangxun |  |  | 833,546 |  |  |  | - |
Other income, net |  |  | - |  |  |  | 11,587 |
Income (loss) before income tax |  |  | 833,546 |  |  |  | (1,373,895 | )
Income tax |  |  | - |  |  |  | - |
Income (loss) before noncontrolling interest from discontinued operations |  |  | 833,546 |  |  |  | (1,373,895 | )
Less: loss attributable to noncontrolling interest from discontinued operations |  |  | - |  |  |  | (209,501 | )
Net income (loss) to the Company from discontinued operations |  | $ | 833,546 |  |  | $ | (1,164,394 | )

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