2023 Q2 Form 10-Q Financial Statement

#000121390023039416 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $3.670M $1.788M $6.644M
YoY Change 366.47% -73.09% 33117.7%
Cost Of Revenue $3.630M $1.691M $6.055M
YoY Change 397.68% -72.07% 60451.3%
Gross Profit $40.00K $96.53K $588.4K
YoY Change -30.28% -83.59% 5784.1%
Gross Profit Margin 1.09% 5.4% 8.86%
Selling, General & Admin $5.380M $1.097M $1.598M
YoY Change 130.89% -31.34% 49.32%
% of Gross Profit 13450.0% 1136.43% 271.54%
Research & Development $200.0K $306.2K $248.8K
YoY Change -31.35% 23.06% 18.49%
% of Gross Profit 500.0% 317.21% 42.29%
Depreciation & Amortization $170.0K $15.96K $179.2K
YoY Change 3.0% -91.1% 348.08%
% of Gross Profit 425.0% 16.53% 30.46%
Operating Expenses $5.580M $1.403M $1.847M
YoY Change 112.86% -24.01% 45.4%
Operating Profit -$5.540M -$1.307M -$1.258M
YoY Change 116.06% 3.85% -0.14%
Interest Expense $0.00 $40.00 $4.840K
YoY Change -100.0% -99.17%
% of Operating Profit
Other Income/Expense, Net -$10.00K $9.570K $7.670K
YoY Change -116.09% 24.77% -176.7%
Pretax Income -$5.560M -$1.297M -$1.246M
YoY Change 123.37% 4.12% -2.68%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$5.560M -$1.295M -$1.277M
YoY Change 161.55% 1.39% 4.71%
Net Earnings / Revenue -151.5% -72.45% -19.23%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.21 -$0.05 -$52.69K
COMMON SHARES
Basic Shares Outstanding 25.60M shares 24.32M shares
Diluted Shares Outstanding 1.622M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $40.00K $211.4K $1.629M
YoY Change -90.47% -87.02% 714.38%
Cash & Equivalents $19.73K $43.16K $1.629M
Short-Term Investments $20.00K $168.3K $0.00
Other Short-Term Assets $750.0K $55.74K $448.0K
YoY Change 1777.68% -87.56% -2.62%
Inventory $241.4K $251.4K $247.4K
Prepaid Expenses $563.2K $363.5K
Receivables $255.7K $975.0K $5.521M
Other Receivables $460.9K $513.7K $0.00
Total Short-Term Assets $1.290M $1.918M $7.846M
YoY Change 2.6% -75.55% 426.55%
LONG-TERM ASSETS
Property, Plant & Equipment $85.93K $96.71K $978.1K
YoY Change -54.25% -90.11% -46.55%
Goodwill
YoY Change
Intangibles $1.186M
YoY Change -31.92%
Long-Term Investments $60.00K $58.21K $344.1K
YoY Change 27.71% -83.08% 56.39%
Other Assets
YoY Change
Total Long-Term Assets $1.465M $1.466M $2.585M
YoY Change -41.38% -43.3% -16.33%
TOTAL ASSETS
Total Short-Term Assets $1.290M $1.918M $7.846M
Total Long-Term Assets $1.465M $1.466M $2.585M
Total Assets $2.754M $3.384M $10.43M
YoY Change -26.66% -67.56% 127.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.005M $1.637M $4.875M
YoY Change 1.02% -66.42% 3649.72%
Accrued Expenses $1.230M $1.224M $798.5K
YoY Change 522.55% 53.29% -20.15%
Deferred Revenue $609.2K
YoY Change
Short-Term Debt $594.9K $0.00 $0.00
YoY Change 625.94% -100.0%
Long-Term Debt Due $0.00 $1.641M
YoY Change
Total Short-Term Liabilities $4.907M $5.492M $6.233M
YoY Change 130.94% -11.88% 213.19%
LONG-TERM LIABILITIES
Long-Term Debt $1.400M $143.6K $0.00
YoY Change
Other Long-Term Liabilities $23.31K $0.00 $132.3K
YoY Change -25.92% -100.0% -83.04%
Total Long-Term Liabilities $1.428M $143.6K $132.3K
YoY Change 4437.56% 8.54% -83.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.907M $5.492M $6.233M
Total Long-Term Liabilities $1.428M $143.6K $132.3K
Total Liabilities $6.335M $5.636M $5.898M
YoY Change 193.8% -4.45% 120.91%
SHAREHOLDERS EQUITY
Retained Earnings -$28.06M -$22.51M -$26.99K
YoY Change 51.01% 83281.02%
Common Stock $24.15M $24.33K
YoY Change 99183.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.519M -$2.192M $4.533M
YoY Change
Total Liabilities & Shareholders Equity $2.754M $3.384M $10.43M
YoY Change -26.66% -67.56% 127.75%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$5.560M -$1.295M -$1.277M
YoY Change 161.55% 1.39% 4.71%
Depreciation, Depletion And Amortization $170.0K $15.96K $179.2K
YoY Change 3.0% -91.1% 348.08%
Cash From Operating Activities -$810.0K -$561.9K -$391.9K
YoY Change -12.26% 43.38% -67.61%
INVESTING ACTIVITIES
Capital Expenditures $80.00K $240.00 -$212.4K
YoY Change -111.97% -100.11% 607.9%
Acquisitions
YoY Change
Other Investing Activities $0.00 $550.00 -$250.00
YoY Change -100.0% -320.0%
Cash From Investing Activities -$80.00K $320.00 -$212.6K
YoY Change -87.43% -100.15% 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 870.0K 560.7K -33.17K
YoY Change 396.8% -1790.44% -104.54%
NET CHANGE
Cash From Operating Activities -810.0K -561.9K -391.9K
Cash From Investing Activities -80.00K 320.0 -212.6K
Cash From Financing Activities 870.0K 560.7K -33.17K
Net Change In Cash -20.00K -840.0 -637.7K
YoY Change -98.56% -99.87% 25.03%
FREE CASH FLOW
Cash From Operating Activities -$810.0K -$561.9K -$391.9K
Capital Expenditures $80.00K $240.00 -$212.4K
Free Cash Flow -$890.0K -$562.1K -$179.5K
YoY Change 248.91% 213.16% -84.79%

Facts In Submission

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2023-03-31
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DATASEA INC.
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2022Q3 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
12338 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-1290990 usd
CY2022Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-1295159 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
96000 usd
CY2023Q1 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
-20782 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-2191880 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 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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 Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-1277412 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
220500 usd
CY2022Q1 us-gaap Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
19919 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
4532497 usd
us-gaap Profit Loss
ProfitLoss
-4142097 usd
us-gaap Profit Loss
ProfitLoss
-4622500 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
7 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-679 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
532272 usd
us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
412771 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-21679 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
287214 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
495160 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
654029 usd
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
329250 usd
us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
515250 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
716695 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
44690 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
49239 usd
dtss Increase Decrease In Valueadded Tax Prepayment
IncreaseDecreaseInValueaddedTaxPrepayment
37239 usd
dtss Increase Decrease In Valueadded Tax Prepayment
IncreaseDecreaseInValueaddedTaxPrepayment
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us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
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us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
262428 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1021759 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-185477 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
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us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
666482 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
179998 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-426033 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-712738 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2328369 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4216488 usd
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
2168 usd
us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
32188 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-694 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2335 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
402118 usd
us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
28905 usd
us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
62438 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-32714 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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dtss Proceed From Due To Related Parties
ProceedFromDueToRelatedParties
551072 usd
dtss Proceed From Due To Related Parties
ProceedFromDueToRelatedParties
-40760 usd
dtss Payment Of Loan Payable
PaymentOfLoanPayable
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dtss Payment Of Loan Payable
PaymentOfLoanPayable
1499291 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
62438 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7681796 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2243925 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6204183 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-3904 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
88123 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1579074 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
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43155 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1628750 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
173455 usd
dtss Transfer Of Prepaid Software Development Expenditure To Intangible Assets
TransferOfPrepaidSoftwareDevelopmentExpenditureToIntangibleAssets
50000 usd
us-gaap Stock Issued1
StockIssued1
259023 usd
CY2023Q1 us-gaap Cost Maintenance
CostMaintenance
130434 usd
CY2023Q1 us-gaap Cost Maintenance
CostMaintenance
900000 cny
CY2022Q1 us-gaap Noncash Or Part Noncash Acquisition Interest Acquired1
NoncashOrPartNoncashAcquisitionInterestAcquired1
0.30 pure
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-26993 usd
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
3920000 usd
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
4400000 usd
CY2023Q1 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
1300000 usd
CY2022Q1 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
1280000 usd
CY2023Q1 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
22510000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2330000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
4220000 usd
dtss Agreement Term
AgreementTerm
P10Y
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
599196 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
625425 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>USE OF ESTIMATES </b></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">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. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 usd
CY2023Q1 us-gaap Inventory Gross
InventoryGross
55642 usd
CY2022Q2 us-gaap Inventory Gross
InventoryGross
56971 usd
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
502485 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
437594 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
96711 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
187831 usd
CY2023Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P3Y
us-gaap Depreciation
Depreciation
87624 usd
us-gaap Depreciation
Depreciation
127847 usd
CY2023Q1 us-gaap Depreciation
Depreciation
15955 usd
CY2022Q1 us-gaap Depreciation
Depreciation
41506 usd
CY2022Q2 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
548321 usd
CY2023Q1 us-gaap Other Assets
OtherAssets
363464 usd
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1pt; text-align: justify"><b>UNEARNED REVENUE</b></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">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. </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
201885 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
239404 usd
us-gaap Revenues
Revenues
3377692 usd
CY2023Q1 us-gaap Revenues
Revenues
1787677 usd
us-gaap Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
0.50 pure
us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
218625 usd
us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
226561 usd
CY2023Q1 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
1906 usd
CY2022Q1 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
31720 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>CONCENTRATION OF CREDIT RISK </b></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">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 $32,165 and $153,607 as of March 31, 2023 and June 30, 2022, respectively, was held in accounts at financial institutions located in the PRC‚ which is not freely convertible into foreign currencies.</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">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. As of March 31, 2023, cash of $10,184 was maintained at U.S. financial institutions. 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 March 31, 2023, the cash balance of $806 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.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q1 us-gaap Cash And Due From Banks
CashAndDueFromBanks
500000 cny
CY2023Q1 us-gaap Cash And Due From Banks
CashAndDueFromBanks
76000 usd
us-gaap Dividends Cash
DividendsCash
32165 usd
CY2022 us-gaap Dividends Cash
DividendsCash
153607 usd
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
250000 usd
CY2023Q1 us-gaap Investments And Cash
InvestmentsAndCash
10184 usd
CY2023Q1 dtss Deposit Protection
DepositProtection
500000 hkd
CY2023Q1 dtss Deposit Protection
DepositProtection
64000 usd
CY2023Q1 us-gaap Foreign Financial Institutions Actual Deposits
ForeignFinancialInstitutionsActualDeposits
806 usd
CY2023Q1 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
1319953 shares
CY2022Q1 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
1319953 shares
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2276633 usd
CY2022Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
2265275 usd
CY2022Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
965697 usd
CY2022Q2 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
523484 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
1310936 usd
CY2022Q2 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
1741791 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
444648 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
284924 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
148701 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
137720 usd
CY2023Q1 us-gaap Security Deposit
SecurityDeposit
168286 usd
CY2022Q2 us-gaap Security Deposit
SecurityDeposit
255325 usd
CY2023Q1 us-gaap Prepaid Insurance
PrepaidInsurance
130401 usd
CY2022Q2 us-gaap Prepaid Insurance
PrepaidInsurance
230745 usd
CY2023Q1 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
513701 usd
CY2022Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
548321 usd
CY2023Q1 dtss Advance To Third Party Individuals No Interest Payable Upon Demand
AdvanceToThirdPartyIndividualsNoInterestPayableUponDemand
9036 usd
CY2022Q2 dtss Advance To Third Party Individuals No Interest Payable Upon Demand
AdvanceToThirdPartyIndividualsNoInterestPayableUponDemand
49299 usd
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
55741 usd
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
39943 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
877165 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1190683 usd
CY2023Q1 us-gaap Accounts Notes And Loans Receivable Net Current
AccountsNotesAndLoansReceivableNetCurrent
513701 usd
CY2022Q2 us-gaap Other Assets
OtherAssets
575312 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
CY2023Q1 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
3530000 cny
CY2023Q1 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
513701 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
us-gaap Repayments Of Debt
RepaymentsOfDebt
21829 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
0 usd
CY2023Q1 us-gaap Debt Securities Held To Maturity Nonaccrual No Allowance
DebtSecuritiesHeldToMaturityNonaccrualNoAllowance
513701 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
CY2023Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
323672 usd
CY2022Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
147269 usd
CY2023Q1 dtss Due To Third Parties
DueToThirdParties
175495 usd
CY2022Q2 dtss Due To Third Parties
DueToThirdParties
117531 usd
CY2023Q1 dtss Social Security Payable
SocialSecurityPayable
383127 usd
CY2022Q2 dtss Social Security Payable
SocialSecurityPayable
425700 usd
CY2023Q1 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
754438 usd
CY2022Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
304384 usd
CY2023Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
1636732 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
CY2023Q1 us-gaap Other Receivables
OtherReceivables
0 usd
CY2022Q2 us-gaap Other Receivables
OtherReceivables
67050 usd
CY2023Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesOutstandingBalance
1451315 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
dtss Leases And Rental Expense
LeasesAndRentalExpense
91050 usd
dtss Leases And Rental Expense
LeasesAndRentalExpense
25287 usd
CY2021Q3 dtss Annual Rent Expense
AnnualRentExpense
91200 cny
CY2021Q3 dtss Annual Rent Expense
AnnualRentExpense
13355 usd
CY2023Q1 dtss Due To Related Parties Other
DueToRelatedPartiesOther
654612 usd
CY2022Q2 dtss Due To Related Parties Other
DueToRelatedPartiesOther
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
13500 usd
us-gaap Share Based Compensation
ShareBasedCompensation
15000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4500 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4500 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 nine and three months ended March 31, 2023, the Company recorded $315,750 and $91,500 stock compensation expense to the Company’s CEO and one of the board members for the quarter.
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
485250 usd
CY2022Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
210000 usd
CY2021Q4 us-gaap Deferred Compensation Equity
DeferredCompensationEquity
3000 usd
CY2022 us-gaap Stock Dividends Shares
StockDividendsShares
9740 shares
CY2022 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
15000 shares
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
dtss Reduce Of Taxpayer Percentage
ReduceOfTaxpayerPercentage
0.80 pure
CY2023Q1 dtss Deferred Tax Assets Rou
DeferredTaxAssetsROU
-16395 usd
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
CY2023Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
16390000000 usd
CY2022Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
13910000000 usd
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
-0.03 pure
us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
-0.027 pure
dtss Effective Income Tax Rate Reconciliation Prc Statutory Tax Rate Percent
EffectiveIncomeTaxRateReconciliationPrcStatutoryTaxRatePercent
0.019 pure
dtss Effective Income Tax Rate Reconciliation Prc Statutory Tax Rate Percent
EffectiveIncomeTaxRateReconciliationPrcStatutoryTaxRatePercent
-0.007 pure
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.221 pure
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.244 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
-0.032 pure
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Deductions Other
EffectiveIncomeTaxRateReconciliationDeductionsOther
-0.021 pure
CY2023Q1 dtss Effective Income Tax Rate Reconciliation Prc Statutory Tax Rate Percent
EffectiveIncomeTaxRateReconciliationPrcStatutoryTaxRatePercent
0.026 pure
CY2022Q1 dtss Effective Income Tax Rate Reconciliation Prc Statutory Tax Rate Percent
EffectiveIncomeTaxRateReconciliationPrcStatutoryTaxRatePercent
0.022 pure
CY2023Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.216 pure
CY2022Q1 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.209 pure
CY2023Q1 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
3883129 usd
CY2022Q2 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
3220526 usd
CY2023Q1 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
CY2023Q1 dtss Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
98255 usd
CY2022Q2 dtss Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
82406 usd
CY2023Q1 dtss Deferred Tax Assets Bad Debt Expense
DeferredTaxAssetsBadDebtExpense
127542 usd
CY2022Q2 dtss Deferred Tax Assets Bad Debt Expense
DeferredTaxAssetsBadDebtExpense
142479 usd
CY2023Q1 dtss Social Security And Insurances
SocialSecurityAndInsurances
125768 usd
CY2022Q2 dtss Social Security And Insurances
SocialSecurityAndInsurances
134771 usd
CY2023Q1 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
13815 usd
CY2022Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
14804 usd
CY2022Q2 dtss Deferred Tax Assets Rou
DeferredTaxAssetsROU
4792 usd
CY2023Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
4355864 usd
CY2022Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3723528 usd
CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4355864 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 Payments For Deposits
PaymentsForDeposits
96476 cny
CY2022Q4 us-gaap Payments For Deposits
PaymentsForDeposits
14128 usd
CY2019Q3 us-gaap Debt Instrument Term
DebtInstrumentTerm
P2Y
CY2019Q3 dtss Sale Leaseback Transaction Monthly Rental Payment
SaleLeasebackTransactionMonthlyRentalPayment
14500 cny
CY2019Q3 dtss Sale Leaseback Transaction Monthly Rental Payment
SaleLeasebackTransactionMonthlyRentalPayment
2045 usd
CY2022Q3 dtss Sale Leaseback Transaction Monthly Rental Payment
SaleLeasebackTransactionMonthlyRentalPayment
15200 cny
CY2022Q3 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
CY2023Q1 us-gaap Prepaid Rent
PrepaidRent
91200 cny
CY2020Q3 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.
CY2020Q3 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
495160 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
654029 usd
CY2023Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
123289 usd
CY2022Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
218267 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
241696 usd
CY2023Q1 dtss Lessee Operating Lease Liability Payment Due
LesseeOperatingLeaseLiabilityPaymentDue
241696 usd
CY2023Q1 dtss Less Imputed Interest
LessImputedInterest
2292 usd
CY2023Q1 dtss Present Value Of Lease Liabilities
PresentValueOfLeaseLiabilities
239404 usd
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
CY2023Q1 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
usd
CY2023Q1 dtss Operating Lesae Liabilities Non Current
OperatingLesaeLiabilitiesNonCurrent
usd
CY2022Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
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
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2023Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
usd
CY2023Q1 us-gaap Prepaid Rent
PrepaidRent
usd
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001631282

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