XML 33 R20.htm IDEA: XBRL DOCUMENT
v3.24.3

Segment Reporting | 3 Months Ended
--- | ---
Sep. 30, 2024
Segment Reporting [Abstract] |
SEGMENT REPORTING | NOTE 14 – SEGMENT REPORTING As of September 30, 2024, the Company was organized into four main business segments based on location and product: Jinong (fertilizer production), Gufeng (fertilizer production), Yuxing (agricultural products production) and Antaeus (Bitcoin). Each of the four operating segments referenced above has separate and distinct general ledgers. The chief operating decision maker (“CODM”) receives financial information, including revenue, gross margin, operating income and net income produced from the various general ledger systems to make decisions about allocating resources and assessing performance; however, the principal measure of segment profitability or loss used by the CODM is net income by segment.
|  | Three Months Ended September 30, |
|  | 2024 |  |  | 2023 |
Revenues from unaffiliated customers: |  |  |  |  |  |
Jinong |  | $ | 7,421,659 |  |  | $ | 9,288,758 |
Gufeng |  |  | 7,439,542 |  |  |  | 10,421,274 |
Yuxing |  |  | 2,340,443 |  |  |  | 2,342,716 |
Antaeus |  |  | 163,295 |  |  |  | 345,114 |
Consolidated |  | $ | 17,364,939 |  |  | $ | 22,397,862 |
Operating income (expense): |  |  |  |  |  |  |  |
Jinong |  | $ | 38,000 |  |  | $ | (145,123 | )
Gufeng |  |  | (1,299,380 | ) |  |  | (1,219,882 | )
Yuxing |  |  | 253,564 |  |  |  | 154,682 |
Antaeus |  |  | (193,759 | ) |  |  | (30,496 | )
Reconciling item (1) |  |  | (563,450 | ) |  |  | (545,088 | )
Consolidated |  | $ | (1,765,024 | ) |  | $ | (1,785,907 | )
Net income (loss): |  |  |  |  |  |  |  |
Jinong |  | $ | (19,642 | ) |  | $ | (114,362 | )
Gufeng |  |  | (1,335,699 | ) |  |  | (1,262,423 | )
Yuxing |  |  | 222,823 |  |  |  | 154,271 |
Antaeus |  |  | (146,257 | ) |  |  | (16,603 | )
Reconciling item (1) |  |  | - |  |  |  | 12 |
Reconciling item (2) |  |  | (563,450 | ) |  |  | (545,088 | )
Consolidated |  | $ | (1,842,225 | ) |  | $ | (1,784,193 | )
Depreciation and Amortization: |  |  |  |  |  |  |  |
Jinong |  | $ | 193,433 |  |  | $ | 189,307 |
Gufeng |  |  | 182,146 |  |  |  | 182,340 |
Yuxing |  |  | 190,475 |  |  |  | 185,225 |
Antaeus |  |  | 144,350 |  |  |  | 100,087 |
Consolidated |  | $ | 710,404 |  |  | $ | 656,959 |
Interest expense: |  |  |  |  |  |  |  |
Jinong |  |  | 41,201 |  |  |  | 25,128 |
Gufeng |  |  | 36,218 |  |  |  | 42,426 |
Yuxing |  |  | 27,564 |  |  |  | - |
Antaeus |  |  | - |  |  |  | - |
Consolidated |  | $ | 104,983 |  |  | $ | 67,554 |
Capital Expenditure: |  |  |  |  |  |  |  |
Jinong |  | $ | 47,610 |  |  | $ | 743 |
Gufeng |  |  | - |  |  |  | - |
Yuxing |  |  | 629 |  |  |  | 3,684 |
Antaeus |  |  | - |  |  |  | 1,502,600 |
Consolidated |  | $ | 48,239 |  |  | $ | 1,507,027 |
|  | As of |
|  | September 30, |  |  | June 30, |
|  | 2024 |  |  | 2024 |
Identifiable assets: |  |  |  |  |  |
Jinong |  | $ | 70,105,385 |  |  | $ | 72,411,611 |
Gufeng |  |  | 39,941,561 |  |  |  | 39,063,187 |
Yuxing |  |  | 44,788,138 |  |  |  | 40,535,883 |
Antaeus |  |  | 1,480,257 |  |  |  | 1,612,177 |
Reconciling item (1) |  |  | 15,139,641 |  |  |  | 9,454,754 |
Reconciling item (2) |  |  | 169,071 |  |  |  | 169,071 |
Consolidated |  | $ | 171,624,052 |  |  | $ | 163,246,683 |
(1) | Reconciling amounts refer to the unallocated assets or expenses of Green New Jersey.
(2) | Reconciling amounts refer to the unallocated assets or expenses of the Parent Company.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (ee) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 8: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 9: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 10: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 54 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-54 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 47 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-47 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-34 Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26C -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26C Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26B -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26B Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-15 Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-42 Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/280/tableOfContent Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-26 Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-32 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration