v3.23.3
Segment Reporting (Tables)
3 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Schedule of Information by Segment The following tables present summary information by segment for the three months ended September 30, 2023 and 2022, respectively:
   For the Three Months Ended
September 30, 2023
 
   Freight
Logistics
Services
   Crypto-mining
equipment
sales
   Total 
Net revenues  $895,926   $
-
   $895,926 
Cost of revenues  $1,002,949   $
-
   $1,002,949 
Gross profit  $(107,023)  $
-
   $(107,023)
Depreciation and amortization  $37,770   $357   $38,127 
Total capital expenditures  $
-
   $
-
   $
-
 
Gross margin%   (11.9)%   100.0%   (11.9)%
   For the Three Months Ended
September 30, 2022
 
   Freight
Logistics
Services
   Crypto-mining
equipment
sales
   Total 
Net revenues  $724,159   $497,045   $1,221,204 
Cost of revenues  $745,627   $
-
   $745,627 
Gross profit  $(21,468)  $497,045   $475,577 
Depreciation and amortization  $78,945   $
-
   $78,945 
Total capital expenditures  $150,966   $
-
   $150,966 
Gross margin%   (3.0)%   100.0%   38.9%

 

Schedule of Total Assets Total assets as of:
   September 30,   June 30, 
   2023   2023 
Freight Logistic Services  $11,548,365   $19,075,202 
Sale of crypto mining machines   1,783    162,605 
Total Assets  $11,550,148   $19,237,807 
Schedule of Disaggregated Information of Revenues by Geographic Locations Disaggregated information of revenues by geographic locations are as follows:
   For the Three Months Ended 
   September 30,   September 30, 
   2023   2022 
PRC  $700,656   $248,210 
U.S.   195,270    972,994 
Total revenues  $895,926   $1,221,204