2023 Q1 Form 10-Q Financial Statement
#000121390023010756 Filed on February 13, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 Q1 |
---|---|---|---|
Revenue | $1.788M | $410.0K | $6.644M |
YoY Change | -73.09% | -95.43% | 33117.7% |
Cost Of Revenue | $1.691M | $371.4K | $6.055M |
YoY Change | -72.07% | -95.75% | 60451.3% |
Gross Profit | $96.53K | $54.33K | $588.4K |
YoY Change | -83.59% | -77.94% | 5784.1% |
Gross Profit Margin | 5.4% | 13.25% | 8.86% |
Selling, General & Admin | $1.097M | $1.280M | $1.598M |
YoY Change | -31.34% | -22.66% | 49.32% |
% of Gross Profit | 1136.43% | 2355.98% | 271.54% |
Research & Development | $306.2K | $149.1K | $248.8K |
YoY Change | 23.06% | -65.52% | 18.49% |
% of Gross Profit | 317.21% | 274.36% | 42.29% |
Depreciation & Amortization | $15.96K | $30.81K | $179.2K |
YoY Change | -91.1% | -78.23% | 348.08% |
% of Gross Profit | 16.53% | 56.71% | 30.46% |
Operating Expenses | $1.403M | $1.429M | $1.847M |
YoY Change | -24.01% | -31.54% | 45.4% |
Operating Profit | -$1.307M | -$1.375M | -$1.258M |
YoY Change | 3.85% | -25.33% | -0.14% |
Interest Expense | $40.00 | $50.00 | $4.840K |
YoY Change | -99.17% | -99.6% | |
% of Operating Profit | |||
Other Income/Expense, Net | $9.570K | -$36.35K | $7.670K |
YoY Change | 24.77% | -796.38% | -176.7% |
Pretax Income | -$1.297M | -$1.411M | -$1.246M |
YoY Change | 4.12% | -22.62% | -2.68% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$1.295M | -$1.291M | -$1.277M |
YoY Change | 1.39% | -23.03% | 4.71% |
Net Earnings / Revenue | -72.45% | -314.88% | -19.23% |
Basic Earnings Per Share | -$0.05 | ||
Diluted Earnings Per Share | -$0.05 | -$0.05 | -$52.69K |
COMMON SHARES | |||
Basic Shares Outstanding | 24.32M shares | 24.32M shares | |
Diluted Shares Outstanding | 1.622M shares | 24.32M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $211.4K | $149.3K | $1.629M |
YoY Change | -87.02% | -93.34% | 714.38% |
Cash & Equivalents | $43.16K | $43.31K | $1.629M |
Short-Term Investments | $168.3K | $106.0K | $0.00 |
Other Short-Term Assets | $55.74K | $136.0K | $448.0K |
YoY Change | -87.56% | -90.65% | -2.62% |
Inventory | $251.4K | $253.5K | $247.4K |
Prepaid Expenses | $363.5K | ||
Receivables | $975.0K | $388.3K | $5.521M |
Other Receivables | $513.7K | $528.4K | $0.00 |
Total Short-Term Assets | $1.918M | $1.325M | $7.846M |
YoY Change | -75.55% | -85.48% | 426.55% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $96.71K | $111.0K | $978.1K |
YoY Change | -90.11% | -90.83% | -46.55% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $58.21K | $57.43K | $344.1K |
YoY Change | -83.08% | -83.0% | 56.39% |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $1.466M | $1.932M | $2.585M |
YoY Change | -43.3% | -29.59% | -16.33% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.918M | $1.325M | $7.846M |
Total Long-Term Assets | $1.466M | $1.932M | $2.585M |
Total Assets | $3.384M | $3.258M | $10.43M |
YoY Change | -67.56% | -72.56% | 127.75% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.637M | $1.341M | $4.875M |
YoY Change | -66.42% | -73.31% | 3649.72% |
Accrued Expenses | $1.224M | $628.5K | $798.5K |
YoY Change | 53.29% | -35.39% | -20.15% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | $1.641M | $1.592M | |
YoY Change | |||
Total Short-Term Liabilities | $5.492M | $4.121M | $6.233M |
YoY Change | -11.88% | -37.3% | 213.19% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $143.6K | $168.4K | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | $132.3K |
YoY Change | -100.0% | -100.0% | -83.04% |
Total Long-Term Liabilities | $143.6K | $168.4K | $132.3K |
YoY Change | 8.54% | -26.48% | -83.04% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.492M | $4.121M | $6.233M |
Total Long-Term Liabilities | $143.6K | $168.4K | $132.3K |
Total Liabilities | $5.636M | $4.290M | $5.898M |
YoY Change | -4.45% | -31.95% | 120.91% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$22.51M | -$21.21M | -$26.99K |
YoY Change | 83281.02% | ||
Common Stock | $24.33K | $24.33K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$2.192M | -$971.9K | $4.533M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.384M | $3.258M | $10.43M |
YoY Change | -67.56% | -72.56% | 127.75% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.295M | -$1.291M | -$1.277M |
YoY Change | 1.39% | -23.03% | 4.71% |
Depreciation, Depletion And Amortization | $15.96K | $30.81K | $179.2K |
YoY Change | -91.1% | -78.23% | 348.08% |
Cash From Operating Activities | -$561.9K | -$1.014M | -$391.9K |
YoY Change | 43.38% | -58.19% | -67.61% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $240.00 | -$69.30K | -$212.4K |
YoY Change | -100.11% | -67.43% | 607.9% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $550.00 | $530.00 | -$250.00 |
YoY Change | -320.0% | -100.85% | |
Cash From Investing Activities | $320.00 | $69.82K | -$212.6K |
YoY Change | -100.15% | -125.39% | 608.73% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 560.7K | 892.9K | -33.17K |
YoY Change | -1790.44% | -195.49% | -104.54% |
NET CHANGE | |||
Cash From Operating Activities | -561.9K | -1.014M | -391.9K |
Cash From Investing Activities | 320.0 | 69.82K | -212.6K |
Cash From Financing Activities | 560.7K | 892.9K | -33.17K |
Net Change In Cash | -840.0 | -51.06K | -637.7K |
YoY Change | -99.87% | -98.6% | 25.03% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$561.9K | -$1.014M | -$391.9K |
Capital Expenditures | $240.00 | -$69.30K | -$212.4K |
Free Cash Flow | -$562.1K | -$944.5K | -$179.5K |
YoY Change | 213.16% | -57.3% | -84.79% |
Facts In Submission
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---|---|---|---|---|
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
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10-Q | ||
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true | ||
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2022-12-31 | ||
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001-38767 | ||
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DATASEA INC. | ||
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NV | ||
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45-2019013 | ||
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20th Floor | ||
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Tower B | ||
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Guorui Plaza 1 Ronghua South Road | ||
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Technological Development Zone | ||
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CN | ||
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100176 | ||
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+86 | ||
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10-56145240 | ||
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Common Stock, $0.001 par value | ||
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NASDAQ | ||
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NonoperatingIncomeExpense
|
38140 | usd | |
CY2022Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-36351 | usd |
CY2021Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
17583 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2845024 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3376808 | usd | |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1411085 | usd |
CY2021Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1823474 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8 | usd | |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-2845032 | usd | |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-3376808 | usd | |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-1411085 | usd |
CY2021Q4 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-1823474 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-216719 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-258281 | usd | |
CY2022Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-120095 | usd |
CY2021Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-146181 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2628313 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3118527 | usd | |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1290990 | usd |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1677293 | usd |
us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
48767 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
-69992 | usd | |
CY2022Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
61105 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
|
-74689 | usd |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
|
28736 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
|
2294 | usd | |
CY2022Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
|
32426 | usd |
CY2021Q4 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToNoncontrollingInterest
|
2548 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2677080 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3048535 | usd | |
CY2022Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1352095 | usd |
CY2021Q4 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1602604 | usd |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-187983 | usd | |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-255987 | usd | |
CY2022Q4 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-87669 | usd |
CY2021Q4 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-143633 | usd |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | ||
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2021Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24324633 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23637930 | shares | |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24324633 | shares |
CY2021Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
23919867 | shares |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2453905 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1337323 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
116250 | usd |
CY2022Q3 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
12338 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1245170 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1290990 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
117000 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
-982014 | usd |
CY2022Q4 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
-61105 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-971939 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
319654 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1441234 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
7681796 | usd |
CY2021Q3 | dtss |
Shares Issued For Stock Compensation Expense
SharesIssuedForStockCompensationExpense
|
164250 | usd |
CY2021Q3 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
-4697 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6719769 | usd |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1677293 | usd |
CY2021Q4 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
130500 | usd |
CY2021Q4 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
74689 | usd |
CY2021Q4 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
62802 | usd |
CY2021Q4 | us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
259023 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5569490 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-2845032 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-3376808 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
7 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-460 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
367616 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
233544 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
286055 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
371871 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
435762 | usd | |
us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
233250 | usd | |
us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
294750 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
138565 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5175377 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
49886 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
13850 | usd | |
dtss |
Increase Decrease In Valueadded Tax Prepayment
IncreaseDecreaseInValueaddedTaxPrepayment
|
12561 | usd | |
dtss |
Increase Decrease In Valueadded Tax Prepayment
IncreaseDecreaseInValueaddedTaxPrepayment
|
-16702 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
46374 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
1165822 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
434637 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
4803114 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-156533 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
63507 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
391950 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
191289 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-316856 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-417948 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1766490 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3824622 | usd | |
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
2276 | usd | |
us-gaap |
Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
|
23787 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1985 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
198151 | usd | |
us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
28764 | usd | |
us-gaap |
Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
|
62186 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-33025 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-284124 | usd | |
dtss |
Proceed From Due To Related Parties
ProceedFromDueToRelatedParties
|
-1387 | usd | |
dtss |
Proceed From Due To Related Parties
ProceedFromDueToRelatedParties
|
-13391 | usd | |
dtss |
Payment Of Loan Payable
PaymentOfLoanPayable
|
-1684595 | usd | |
dtss |
Payment Of Loan Payable
PaymentOfLoanPayable
|
1493237 | usd | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
62186 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
7681796 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1683208 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6237354 | usd | |
dtss |
Effect Of Exchange Rate On Cash And Cash Equivalent
EffectOfExchangeRateOnCashAndCashEquivalent
|
-4601 | usd | |
dtss |
Effect Of Exchange Rate On Cash And Cash Equivalent
EffectOfExchangeRateOnCashAndCashEquivalent
|
62424 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-120908 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2191032 | usd | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
164217 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
49676 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
43309 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2240708 | usd |
dtss |
Rightofuse Assets Obtained In Exchange For New Operating Lease Liabilities
RightofuseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
|
172612 | usd | |
dtss |
Transfer Of Prepaid Software Development Expenditure To Intangible Assets
TransferOfPrepaidSoftwareDevelopmentExpenditureToIntangibleAssets
|
50000 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
259023 | usd | |
CY2020Q4 | us-gaap |
Noncash Or Part Noncash Acquisition Interest Acquired1
NoncashOrPartNoncashAcquisitionInterestAcquired1
|
0.30 | pure |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-955021 | usd |
CY2022Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Interest Acquired1
NoncashOrPartNoncashAcquisitionInterestAcquired1
|
0.30 | pure |
CY2022Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-26993 | usd |
dtss |
Sales Agreement With Distributor
SalesAgreementWithDistributor
|
20500000 | usd | |
us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
2630000 | usd | |
us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
3120000 | usd | |
CY2022Q4 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
1290000 | usd |
CY2021Q4 | us-gaap |
Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
|
1680000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Appropriated
RetainedEarningsAppropriated
|
21210000 | usd |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
1770000 | usd | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
3820000 | usd | |
dtss |
Equity Interests Price Per Share
EquityInterestsPricePerShare
|
0.001 | ||
dtss |
Contribution
Contribution
|
1 | ||
dtss |
Agreed Price
AgreedPrice
|
1 | ||
dtss |
Agreement Term
AgreementTerm
|
P10Y | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="background-color: white"><b>USE OF ESTIMATES </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white">The preparation of CFS in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The significant areas requiring the use of management estimates include, but are not limited to, the estimated useful life and residual value of property, plant and equipment, provision for staff benefits, recognition and measurement of deferred income taxes and the valuation allowance for deferred tax assets. Although these estimates are based on management’s knowledge of current events and actions management may undertake in the future, actual results may ultimately differ from those estimates and such differences may be material to the CFS. </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
CY2022Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022Q4 | us-gaap |
Inventory Gross
InventoryGross
|
54900 | usd |
CY2022Q2 | us-gaap |
Inventory Gross
InventoryGross
|
56971 | usd |
us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P3Y | ||
us-gaap |
Revenue Recognition Leases
RevenueRecognitionLeases
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1pt; text-align: justify"><span style="background-color: white"><b>UNEARNED REVENUE</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white">The Company records payments received in advance from its customers or sales agents for the Company’s products as unearned revenue, mainly consisting of deposits or prepayment for 5G products from the Company’s sales agencies. These orders normally are delivered based upon contract terms and customer demand, and will recognize as revenue when the products are delivered to the end customers.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
316305 | usd | |
CY2022Q4 | dtss |
Operating Leases Liability
OperatingLeasesLiability
|
339571 | usd |
us-gaap |
Revenues
Revenues
|
1450000 | usd | |
CY2022Q4 | us-gaap |
Revenues
Revenues
|
410000 | usd |
us-gaap |
Related Parties Amount In Cost Of Sales
RelatedPartiesAmountInCostOfSales
|
42700 | usd | |
us-gaap |
Proceeds From Sale Of Water Systems
ProceedsFromSaleOfWaterSystems
|
85161 | usd | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white"><b>CONCENTRATION OF CREDIT RISK </b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white">The Company maintains cash in accounts with state-owned banks within the PRC. Cash in state-owned banks less than RMB500,000 ($76,000) is covered by insurance. Should any institution holding the Company’s cash become insolvent, or if the Company is unable to withdraw funds for any reason, the Company could lose the cash on deposit with that institution. The Company has not experienced any losses in such accounts and believes it is not exposed to any risks on its cash in these bank accounts. Cash denominated in RMB with a U.S. dollar equivalent of $37,413 and $153,607 as of December 31, 2022 and June 30, 2022, respectively, was held in accounts at financial institutions located in the PRC‚ which is not freely convertible into foreign currencies.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="background-color: white">Cash held in accounts at U.S. financial institutions is insured by the Federal Deposit Insurance Corporation or other programs subject to certain limitations up to $250,000 per depositor. Cash was maintained at financial institutions in Hong Kong, and was insured by the Hong Kong Deposit Protection Board up to a limit of HK $500,000 ($64,000). As of December 31, 2022, the cash balance of $5,808 was maintained at financial institutions in Hong Kong. The Company, its subsidiaries and VIE have not experienced any losses in such accounts and do not believe the cash is exposed to any significant risk.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | ||
CY2022Q4 | dtss |
Cash At Bank
CashAtBank
|
500000 | cny |
CY2022Q4 | dtss |
Cash At Bank
CashAtBank
|
-76000 | usd |
dtss |
Foreign Currency Translation Amount
ForeignCurrencyTranslationAmount
|
37413 | usd | |
CY2022Q2 | dtss |
Foreign Currency Translation Amount
ForeignCurrencyTranslationAmount
|
153607 | usd |
us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
250000 | usd | |
CY2022Q4 | dtss |
Deposit Protection
DepositProtection
|
500000 | hkd |
CY2022Q4 | dtss |
Deposit Protection
DepositProtection
|
64000 | usd |
dtss |
Number Of Warrants Anti Dilutive
NumberOfWarrantsAntiDilutive
|
1319953 | shares | |
CY2021Q4 | dtss |
Number Of Warrants Anti Dilutive
NumberOfWarrantsAntiDilutive
|
1319953 | shares |
CY2022Q4 | dtss |
Number Of Warrants Anti Dilutive
NumberOfWarrantsAntiDilutive
|
1319953 | shares |
dtss |
Number Of Warrants Anti Dilutive
NumberOfWarrantsAntiDilutive
|
1319953 | shares | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
591322 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
625425 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
480280 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
437594 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
111042 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
187831 | usd |
us-gaap |
Depreciation
Depreciation
|
71669 | usd | |
us-gaap |
Depreciation
Depreciation
|
86341 | usd | |
CY2022Q4 | us-gaap |
Depreciation
Depreciation
|
30808 | usd |
CY2021Q4 | us-gaap |
Depreciation
Depreciation
|
46088 | usd |
CY2020Q1 | dtss |
Cooperation Agreement Description
CooperationAgreementDescription
|
Heqin has a sales team which used to work with Fortune 500 companies and specializes in business marketing and sales channel establishment and expansion, especially in education industry and public area. | |
CY2020Q3 | us-gaap |
Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
|
10000000 | cny |
CY2020Q3 | us-gaap |
Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
|
1410000 | usd |
CY2022Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
2261266 | usd |
CY2022Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
2265275 | usd |
CY2022Q4 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
813594 | usd |
CY2022Q2 | us-gaap |
Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
|
523484 | usd |
CY2022Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
1447672 | usd |
CY2022Q2 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
1741791 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
295947 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
147204 | usd | |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
147044 | usd |
CY2021Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
95435 | usd |
CY2022Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
105962 | usd |
CY2022Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
255325 | usd |
CY2022Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
327371 | usd |
CY2022Q2 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
230745 | usd |
CY2022Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
528386 | usd |
CY2022Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
548321 | usd |
CY2022Q4 | us-gaap |
Due From Other Related Parties Current
DueFromOtherRelatedPartiesCurrent
|
13362 | usd |
CY2022Q2 | us-gaap |
Due From Other Related Parties Current
DueFromOtherRelatedPartiesCurrent
|
49299 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
135999 | usd |
CY2022Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
39943 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
1111080 | usd |
CY2022Q2 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
1190683 | usd |
CY2022Q4 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
528386 | usd |
CY2022Q2 | us-gaap |
Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
|
548321 | usd |
CY2022Q4 | us-gaap |
Other Assets
OtherAssets
|
582694 | usd |
CY2022Q2 | us-gaap |
Other Assets
OtherAssets
|
575312 | usd |
CY2022Q4 | us-gaap |
Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
|
3680000 | cny |
CY2022Q4 | us-gaap |
Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
|
528386 | usd |
CY2020Q2 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
200000 | cny |
CY2020Q3 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
200000 | cny |
CY2020Q2 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
28250 | usd |
CY2020Q3 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
28250 | usd |
CY2020Q2 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.15 | pure |
CY2020Q3 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.15 | pure |
CY2022Q4 | us-gaap |
Debt Securities Held To Maturity Nonaccrual No Allowance
DebtSecuritiesHeldToMaturityNonaccrualNoAllowance
|
528386 | usd |
CY2022Q2 | us-gaap |
Debt Securities Held To Maturity Nonaccrual No Allowance
DebtSecuritiesHeldToMaturityNonaccrualNoAllowance
|
548321 | usd |
CY2021Q4 | dtss |
Invested Stock Ownership
InvestedStockOwnership
|
300000 | cny |
CY2021Q4 | dtss |
Invested Stock Ownership
InvestedStockOwnership
|
-47300 | usd |
CY2021Q4 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Other Percentage Of Nonperforming Assets
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureOtherPercentageOfNonperformingAssets
|
0.03 | pure |
CY2021Q4 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
29800 | usd |
CY2022Q3 | dtss |
Invested Stock Ownership
InvestedStockOwnership
|
200000 | cny |
CY2022Q3 | dtss |
Invested Stock Ownership
InvestedStockOwnership
|
-28717 | usd |
CY2022Q3 | us-gaap |
Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Other Percentage Of Nonperforming Assets
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureOtherPercentageOfNonperformingAssets
|
0.01 | pure |
CY2022Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
323842 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
147269 | usd |
dtss |
Due To Third Parties
DueToThirdParties
|
159372 | usd | |
CY2022 | dtss |
Due To Third Parties
DueToThirdParties
|
117531 | usd |
CY2022Q4 | dtss |
Social Security Payable
SocialSecurityPayable
|
331880 | usd |
CY2022Q2 | dtss |
Social Security Payable
SocialSecurityPayable
|
425700 | usd |
CY2022Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
525528 | usd |
CY2022Q2 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
304384 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1340622 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
994884 | usd |
CY2022Q2 | us-gaap |
Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
|
596001 | usd |
CY2022Q2 | us-gaap |
Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
|
447001 | usd |
CY2022Q3 | us-gaap |
Loans Payable
LoansPayable
|
789177 | usd |
us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2023-06-30 | ||
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
642779 | usd |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
0 | usd |
CY2022Q2 | us-gaap |
Other Receivables
OtherReceivables
|
67050 | usd |
CY2022Q4 | us-gaap |
Certain Loans Acquired In Transfer Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesOutstandingBalance
|
1431956 | usd |
CY2022Q2 | us-gaap |
Certain Loans Acquired In Transfer Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesOutstandingBalance
|
81950 | usd |
CY2020Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
75000 | cny |
CY2020Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
11000 | usd |
CY2021Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
75000 | cny |
CY2021Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
11000 | usd |
CY2022Q2 | dtss |
Annual Rent Expense
AnnualRentExpense
|
235710 | cny |
CY2022Q2 | dtss |
Annual Rent Expense
AnnualRentExpense
|
35120 | usd |
CY2022Q3 | us-gaap |
Payments For Rent
PaymentsForRent
|
18000 | cny |
CY2022Q3 | dtss |
Total Rent Payment
TotalRentPayment
|
2636 | usd |
CY2022Q3 | dtss |
Rental Expenses
RentalExpenses
|
20000 | cny |
CY2022Q3 | dtss |
Rental Expenses
RentalExpenses
|
2876 | usd |
CY2022Q3 | dtss |
Annual Rent Expense
AnnualRentExpense
|
32000 | cny |
CY2022Q3 | dtss |
Annual Rent Expense
AnnualRentExpense
|
4686 | usd |
dtss |
Leases And Rental Expense
LeasesAndRentalExpense
|
65044 | usd | |
dtss |
Leases And Rental Expense
LeasesAndRentalExpense
|
15532 | usd | |
CY2021Q3 | dtss |
Annual Rent Expense
AnnualRentExpense
|
91200 | cny |
CY2021Q3 | dtss |
Annual Rent Expense
AnnualRentExpense
|
13355 | usd |
us-gaap |
Leasing Commissions Expense
LeasingCommissionsExpense
|
14178 | usd | |
CY2022Q4 | us-gaap |
Due To Other Related Parties Noncurrent
DueToOtherRelatedPartiesNoncurrent
|
97280 | usd |
CY2022Q2 | us-gaap |
Due To Other Related Parties Noncurrent
DueToOtherRelatedPartiesNoncurrent
|
102331 | usd |
CY2021Q3 | dtss |
Aggregate Of Shares
AggregateOfShares
|
2436904 | shares |
us-gaap |
Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
|
1096608 | shares | |
us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
8480426 | usd | |
dtss |
Exercise Price Per Share
ExercisePricePerShare
|
4.48 | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P2Y6M | ||
dtss |
Share Based Goods And Nonemployee Service Transaction Valuation Method Expected Volatility Rate
ShareBasedGoodsAndNonemployeeServiceTransactionValuationMethodExpectedVolatilityRate
|
1.50 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0037 | pure | |
dtss |
Share Based Goods And Nonemployee Service Transaction Valuation Method Expected Dividend Rate
ShareBasedGoodsAndNonemployeeServiceTransactionValuationMethodExpectedDividendRate
|
0 | pure | |
us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
1986880 | usd | |
dtss |
Description Of Warrants Issued
DescriptionOfWarrantsIssued
|
In addition, the Company has also agreed to issue to its placement agent for offering above warrants to purchase a number of shares of the common stock equal to 5.0% of the aggregate number of shares of the common stock sold in this offering (121,845 shares of warrants), the warrants have an exercise price of $4.48 per share and will terminate on the two and one-half-year anniversary of the closing of the offering. The Company accounted for the warrants issued based on the FV method under FASB ASC Topic 505, and the FV of the warrants was calculated using the Black-Scholes model under the following assumptions: life of 2.5 years, volatility of 150%, risk-free interest rate of 0.37% and dividend yield of 0%. The FV of the warrants issued at grant date was $225,964. | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
19500 | usd | |
CY2022Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4500 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
13500 | usd |
CY2021Q3 | dtss |
Shares To Officers Description
SharesToOfficersDescription
|
On September 24, 2021, under the 2018 Equity Inventive plan, the Company’s Board of Directors granted 15,000 shares of the Company’s common stock to its CEO each month and 10,000 shares to one of the board members each month starting from July 1, 2021, payable quarterly with the aggregate number of shares for each quarter being issued on the first day of the next quarter at a per share price of the closing price of the day prior to the issuance. During the six and three months ended December 31, 2022, the Company recorded $224,250 and $112,500 stock compensation expense to the Company’s CEO and one of the board members for the quarter. | |
CY2021Q4 | us-gaap |
Deferred Compensation Equity
DeferredCompensationEquity
|
3000 | usd |
CY2022 | us-gaap |
Common Stock Dividends Shares
CommonStockDividendsShares
|
9740 | shares |
CY2022 | us-gaap |
Dividends Common Stock Stock
DividendsCommonStockStock
|
15001 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
167112 | shares |
CY2021Q4 | us-gaap |
Salaries And Wages
SalariesAndWages
|
259023 | usd |
CY2021Q4 | dtss |
Market Price Per Share
MarketPricePerShare
|
1.55 | |
us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.21 | pure | |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2530000 | usd |
CY2022Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2190000 | usd |
dtss |
Reduce Of Taxpayer Percentage
ReduceOfTaxpayerPercentage
|
0.80 | pure | |
us-gaap |
Description Of Other Regulatory Limitations
DescriptionOfOtherRegulatoryLimitations
|
However, the Coronavirus Aid, Relief and Economic Security Act (“the CARES Act”) passed in March 2020, provides tax relief to both corporate and noncorporate taxpayers by adding a five-year carryback period and temporarily repealing the 80% limitation for NOLs arising in 2018, 2019 and 2020. | ||
dtss |
Percentage Of Differed Tax Asset
PercentageOfDifferedTaxAsset
|
1 | pure | |
dtss |
Corporate Tax Description
CorporateTaxDescription
|
The Company’s offshore subsidiary, Shuhai Skill (HK), a HK holding company is subject to 16.5% corporate income tax in HK. Shuhai Beijing received a tax holiday with a 15% corporate income tax rate since it qualified as a high-tech company. Tianjin Information, Xunrui, Guozhong Times, Guozhong Haoze, Guohao Century, Jingwei, Shuhai Nanjing, Zhangxun are subject to the regular 25% PRC income tax rate. | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
|
-0.029 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
|
-0.029 | pure | |
dtss |
Effective Income Tax Rate Reconciliation Prc Statutory Tax Rate Percent
EffectiveIncomeTaxRateReconciliationPrcStatutoryTaxRatePercent
|
0.015 | pure | |
dtss |
Effective Income Tax Rate Reconciliation Prc Statutory Tax Rate Percent
EffectiveIncomeTaxRateReconciliationPrcStatutoryTaxRatePercent
|
-0.019 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.224 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.258 | pure | |
CY2022Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2021Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022Q4 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
|
-0.024 | pure |
CY2021Q4 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
|
-0.03 | pure |
CY2022Q4 | dtss |
Effective Income Tax Rate Reconciliation Prc Statutory Tax Rate Percent
EffectiveIncomeTaxRateReconciliationPrcStatutoryTaxRatePercent
|
0.002 | pure |
CY2021Q4 | dtss |
Effective Income Tax Rate Reconciliation Prc Statutory Tax Rate Percent
EffectiveIncomeTaxRateReconciliationPrcStatutoryTaxRatePercent
|
-0.013 | pure |
CY2022Q4 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.232 | pure |
CY2021Q4 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.253 | pure |
CY2022Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
3644263 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
3220526 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
123750 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Research
DeferredTaxAssetsTaxCreditCarryforwardsResearch
|
123750 | usd |
CY2022Q4 | dtss |
Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
|
98801 | usd |
CY2022Q2 | dtss |
Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
|
82406 | usd |
CY2022Q4 | dtss |
Deferred Tax Assets Bad Debt Expense
DeferredTaxAssetsBadDebtExpense
|
132315 | usd |
CY2022Q4 | dtss |
Social Security And Insurances
SocialSecurityAndInsurances
|
125156 | usd |
CY2022Q2 | dtss |
Social Security And Insurances
SocialSecurityAndInsurances
|
134771 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
13747 | usd |
CY2022Q2 | dtss |
Deferred Tax Assets Bad Debt Expense
DeferredTaxAssetsBadDebtExpense
|
142479 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
14804 | usd |
CY2022Q4 | dtss |
Deferred Tax Assets Rou
DeferredTaxAssetsROU
|
-5826 | usd |
CY2022Q2 | dtss |
Deferred Tax Assets Rou
DeferredTaxAssetsROU
|
4792 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
4132206 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
3723528 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4132206 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
3723528 | usd |
CY2022Q4 | us-gaap |
Lease Cost
LeaseCost
|
107714 | cny |
CY2022Q4 | us-gaap |
Lease Cost
LeaseCost
|
15787 | usd |
CY2022Q4 | us-gaap |
Legal Fees
LegalFees
|
96476 | cny |
CY2022Q4 | us-gaap |
Legal Fees
LegalFees
|
14128 | usd |
CY2022Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
96476 | cny |
CY2022Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
14128 | usd |
CY2021Q3 | us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P2Y | |
dtss |
Sale Leaseback Transaction Monthly Rental Payment
SaleLeasebackTransactionMonthlyRentalPayment
|
14500 | cny | |
dtss |
Sale Leaseback Transaction Monthly Rental Payment
SaleLeasebackTransactionMonthlyRentalPayment
|
2045 | usd | |
CY2019Q3 | dtss |
Sale Leaseback Transaction Monthly Rental Payment
SaleLeasebackTransactionMonthlyRentalPayment
|
15200 | cny |
CY2019Q3 | dtss |
Sale Leaseback Transaction Monthly Rental Payment
SaleLeasebackTransactionMonthlyRentalPayment
|
2350 | usd |
CY2022Q3 | us-gaap |
Prepaid Rent
PrepaidRent
|
91200 | cny |
CY2022Q3 | us-gaap |
Prepaid Rent
PrepaidRent
|
13355 | usd |
dtss |
Lessor Operating Leases Description
LessorOperatingLeasesDescription
|
In August 2020, the Company entered into a lease for an office in Shenzhen City, China for three years from August 8, 2020 through August 7, 2023, with a monthly rent of RMB 209,911 ($29,651) for the first year. | ||
CY2022Q4 | dtss |
Increase In Rent Percentage
IncreaseInRentPercentage
|
0.03 | pure |
CY2020Q3 | dtss |
Lessor Operating Leases Description
LessorOperatingLeasesDescription
|
On August 26, 2020, Tianjin Information entered into a lease for the office in Hangzhou City, China from September 11, 2020 to October 5, 2022. | |
CY2020Q3 | dtss |
Operating Leases Future Minimum Payment Next Roling Twelve Months
OperatingLeasesFutureMinimumPaymentNextRolingTwelveMonths
|
1383970 | cny |
CY2020Q3 | dtss |
Operating Leases Future Minimum Payment Next Roling Twelve Months
OperatingLeasesFutureMinimumPaymentNextRolingTwelveMonths
|
207000 | usd |
CY2020Q3 | dtss |
Operating Leases Future Minimum Payment Due In Roling Year Two
OperatingLeasesFutureMinimumPaymentDueInRolingYearTwo
|
1425909 | cny |
CY2020Q3 | dtss |
Operating Leases Future Minimum Payment Due In Roling Year Two
OperatingLeasesFutureMinimumPaymentDueInRolingYearTwo
|
202800 | usd |
CY2020Q3 | dtss |
Security Deposits
SecurityDeposits
|
115311 | cny |
CY2020Q3 | dtss |
Security Deposits
SecurityDeposits
|
16400 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
371871 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
435762 | usd | |
CY2022Q4 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
168760 | usd |
CY2021Q4 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
216933 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
345402 | usd |
CY2022Q4 | dtss |
Lessee Operating Lease Liability Payment Due
LesseeOperatingLeaseLiabilityPaymentDue
|
345402 | usd |
CY2022Q4 | dtss |
Less Imputed Interest
LessImputedInterest
|
5830 | usd |
CY2022Q4 | dtss |
Present Value Of Lease Liabilities
PresentValueOfLeaseLiabilities
|
339571 | usd |
CY2022Q4 | dtss |
Operating Lesae Liabilities Non Current
OperatingLesaeLiabilitiesNonCurrent
|
usd | |
CY2022Q2 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
usd | |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2021Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.07 | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
usd | ||
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
usd | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
dtss |
Rightofuse Assets Obtained In Exchange For New Operating Lease Liabilities
RightofuseAssetsObtainedInExchangeForNewOperatingLeaseLiabilities
|
usd | ||
dtss |
Transfer Of Prepaid Software Development Expenditure To Intangible Assets
TransferOfPrepaidSoftwareDevelopmentExpenditureToIntangibleAssets
|
usd | ||
us-gaap |
Stock Issued1
StockIssued1
|
usd | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | ||
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001631282 |