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v3.21.2

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) | 3 Months Ended
--- | ---
Sep. 30, 2021 | Sep. 30, 2020
Sales |  |
Net sales | $ 37,381,030 | $ 42,140,710
Cost of goods sold |  |
Cost of goods sold | 30,127,985 | 34,266,517
Gross profit | 7,253,045 | 7,874,193
Operating expenses |  |
Selling expenses | 3,714,213 | 4,687,423
General and administrative expenses | 18,474,399 | 31,274,517
Total operating expenses | 22,188,612 | 35,961,940
(Loss) from operations | (14,935,567) | (28,087,747)
Other income (expense) |  |
Other (expense) | (2,908) | (5,133)
Interest income | 45,389 | 22,359
Interest expense | (72,099) | (56,768)
Total other (expense) | (29,618) | (39,542)
(Loss) from continuing operations before income taxes | (14,965,185) | (28,127,289)
Provision for income taxes | 112,023 | 1,569,003
(Loss) from continuing operations | (15,077,208) | (29,696,292)
Net (loss) from discontinued operations, net of taxes |  | (1,256,622)
Net (loss) | (15,077,208) | (30,952,914)
Foreign currency translation gain | 456,574 | 13,467,844
Comprehensive (loss) | $ (14,620,634) | $ (17,485,070)
Basic net (loss) per share – from continuing operations (in Dollars per share) | $ (1.78) | $ (4.68)
Basic net (loss) earnings per share – from discontinued operations (in Dollars per share) |  | (0.2)
Basic net (loss) per share (in Dollars per share) | $ (1.78) | $ (4.87)
Diluted weighted average shares outstanding (in Shares) | 8,487,629 | 6,350,129
Diluted net (loss) per share– from continuing operations (in Dollars per share) | $ (1.78) | $ (4.68)
Diluted net (loss) earnings per share – from discontinued operations (in Dollars per share) |  | (0.2)
Diluted net (loss) per share (in Dollars per share) | $ (1.78) | $ (4.87)
Jinong |  |
Sales |  |
Net sales | $ 15,161,742 | $ 14,529,312
Cost of goods sold |  |
Cost of goods sold | 11,092,311 | 10,685,464
Gufeng |  |
Sales |  |
Net sales | 14,788,252 | 15,828,203
Cost of goods sold |  |
Cost of goods sold | 12,857,262 | 13,977,817
Yuxing |  |
Sales |  |
Net sales | 2,888,894 | 2,423,488
Cost of goods sold |  |
Cost of goods sold | 2,389,467 | 2,042,072
VIEs - others |  |
Sales |  |
Net sales | 4,542,142 | 9,359,707
Cost of goods sold |  |
Cost of goods sold | $ 3,788,945 | $ 7,561,164

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