2023 Q4 Form 10-K Financial Statement
#000121390023086498 Filed on November 14, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q2 | 2023 |
---|---|---|---|
Revenue | $2.341M | $3.059M | $3.819M |
YoY Change | 3546.05% | 17.93% | |
Cost Of Revenue | $42.40K | $292.1K | $591.9K |
YoY Change | 64.33% | -41.11% | |
Gross Profit | $2.298M | $2.767M | $3.227M |
YoY Change | 5885.84% | 44.5% | |
Gross Profit Margin | 98.19% | 90.45% | 84.5% |
Selling, General & Admin | $1.903M | $1.770M | $3.197M |
YoY Change | 784.62% | -67.33% | |
% of Gross Profit | 82.79% | 63.99% | 99.09% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $23.18K | $16.67K | $67.74K |
YoY Change | 41.77% | 3.1% | |
% of Gross Profit | 1.01% | 0.6% | 2.1% |
Operating Expenses | $21.26K | $1.773M | $59.75K |
YoY Change | 50.32% | -0.32% | |
Operating Profit | $395.5K | $993.9K | $29.24K |
YoY Change | -323.83% | -100.39% | |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$136.6K | $350.00 | $2.093K |
YoY Change | -25919.28% | -131.22% | |
Pretax Income | $258.9K | $994.2K | $31.33K |
YoY Change | -246.97% | -100.41% | |
Income Tax | $76.07K | $10.25K | $10.25K |
% Of Pretax Income | 29.38% | 1.03% | 32.7% |
Net Earnings | $148.7K | $829.3K | $21.09K |
YoY Change | -184.41% | -100.28% | |
Net Earnings / Revenue | 6.35% | 27.11% | 0.55% |
Basic Earnings Per Share | $0.01 | $0.00 | |
Diluted Earnings Per Share | $0.01 | $0.03 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 30.01M shares | 300.0M shares | 30.02M shares |
Diluted Shares Outstanding | 30.01M shares | 30.02M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q2 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.544M | $1.137M | $1.137M |
YoY Change | 2051.04% | 218.66% | |
Cash & Equivalents | $2.544M | $1.137M | $1.137M |
Short-Term Investments | |||
Other Short-Term Assets | $58.24K | $68.34K | $68.34K |
YoY Change | 535.81% | 101.95% | |
Inventory | $820.00 | $820.00 | |
Prepaid Expenses | $58.24K | $68.34K | |
Receivables | |||
Other Receivables | $109.8K | $107.0K | |
Total Short-Term Assets | $2.712M | $1.313M | $1.313M |
YoY Change | 1592.97% | 209.38% | 209.37% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $373.0K | $152.7K | $166.2K |
YoY Change | 209.41% | 39.81% | -10.81% |
Goodwill | |||
YoY Change | |||
Intangibles | $0.00 | $3.828K | |
YoY Change | -100.0% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $373.0K | $170.0K | $170.0K |
YoY Change | 139.56% | -8.76% | -8.76% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.712M | $1.313M | $1.313M |
Total Long-Term Assets | $373.0K | $170.0K | $170.0K |
Total Assets | $3.085M | $1.483M | $1.483M |
YoY Change | 876.6% | 142.81% | 142.81% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.069M | $1.044M | $1.044M |
YoY Change | 10718.05% | 2458.68% | 2458.81% |
Accrued Expenses | $67.43K | $90.86K | $97.44K |
YoY Change | 31.93% | -27.86% | -39.43% |
Deferred Revenue | $588.3K | ||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.173M | $2.047M | $2.047M |
YoY Change | 76.25% | 25.55% | 25.55% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $6.890K | $6.890K |
YoY Change | -100.0% | 130.43% | |
Total Long-Term Liabilities | $0.00 | $6.890K | $6.890K |
YoY Change | -100.0% | 130.43% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.173M | $2.047M | $2.047M |
Total Long-Term Liabilities | $0.00 | $6.890K | $6.890K |
Total Liabilities | $3.173M | $2.053M | $2.025M |
YoY Change | 75.54% | 25.75% | 31.52% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$7.452M | -$7.885M | |
YoY Change | -10.04% | 0.5% | |
Common Stock | $30.01K | $30.01K | |
YoY Change | -90.0% | -90.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$103.5K | -$542.0K | -$542.0K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.085M | $1.483M | $1.483M |
YoY Change | 876.6% | 142.81% | 142.81% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q2 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $148.7K | $829.3K | $21.09K |
YoY Change | -184.41% | -100.28% | |
Depreciation, Depletion And Amortization | $23.18K | $16.67K | $67.74K |
YoY Change | 41.77% | 3.1% | |
Cash From Operating Activities | $1.987M | $457.4K | $965.3K |
YoY Change | -514.86% | 3278.61% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $230.0K | $50.55K | $120.1K |
YoY Change | -24564.89% | 7.37% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $20.00 | -$5.750K |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$230.0K | -$50.53K | -$125.9K |
YoY Change | -22001.9% | 12.51% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | -4.880K | -$143.3K |
YoY Change | -100.0% | -179.76% | |
NET CHANGE | |||
Cash From Operating Activities | 1.987M | 457.4K | $965.3K |
Cash From Investing Activities | -230.0K | -50.53K | -$125.9K |
Cash From Financing Activities | 0.000 | -4.880K | -$143.3K |
Net Change In Cash | 1.757M | 402.0K | $779.9K |
YoY Change | -602.52% | 833.37% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $1.987M | $457.4K | $965.3K |
Capital Expenditures | $230.0K | $50.55K | $120.1K |
Free Cash Flow | $1.757M | $406.9K | $845.2K |
YoY Change | -467.56% | -1114.54% |
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Inner Mongolia | |
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2023-06-30 | |
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LONGDUODUO COMPANY LIMITED | |
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ComprehensiveIncomeNetOfTax
|
-7528820 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
64855 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-42708 | usd |
CY2023 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
2329 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
|
-7486112 | usd |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.001 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.293 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
30018056 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
25616907 | shares |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-385047 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
6739128 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
106680 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
15240 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
30480 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-7563565 | usd |
CY2022 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
34745 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-1022339 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
384500 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
21085 | usd |
CY2023 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
46099 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-570655 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
21085 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-7563565 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
67738 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
65700 | usd |
CY2023 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
64604 | usd |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
88300 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
384500 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6739128 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
78477 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
23762 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
43997 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
26319 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1826 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3358 | usd |
CY2023 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
56663 | usd |
CY2022 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-11966 | usd |
CY2023 | lddc |
Increase Decrease In Account Payable
IncreaseDecreaseInAccountPayable
|
1050336 | usd |
CY2022 | lddc |
Increase Decrease In Account Payable
IncreaseDecreaseInAccountPayable
|
-137841 | usd |
CY2023 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-145760 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
376867 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-32595 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
12545 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
77564 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
94728 | usd |
CY2023 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-274188 | usd |
CY2022 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
341541 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
-122792 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
93041 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-21575 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-34081 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
73731 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-6318 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
965337 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
28572 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
120127 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
111882 | usd |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
5753 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-125880 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-111882 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
30982 | usd |
CY2023 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-143333 | usd |
CY2022 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
148715 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-143333 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
179697 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
83766 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-12831 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
779890 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
83556 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
356672 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
273116 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1136562 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
356672 | usd |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
106680 | usd |
CY2022 | lddc |
Share Issuance In Exchange For Equipment
ShareIssuanceInExchangeForEquipment
|
15240 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
70914 | usd |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
10246 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1576 | usd |
CY2021Q4 | us-gaap |
Shares Issued
SharesIssued
|
30000008 | shares |
CY2023 | lddc |
Negative Working Capital
NegativeWorkingCapital
|
733781 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-570655 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-39089 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-7517365 | usd |
CY2023Q2 | us-gaap |
Non Investment Assets Less Non Investment Liabilities Percent Of Net Assets
NonInvestmentAssetsLessNonInvestmentLiabilitiesPercentOfNetAssets
|
1 | pure |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white"><i>D. Use of estimates</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting periods. Management makes these estimates using the best information available at the time the estimates are made; however, actual results could differ from those estimates. Significant items subject to such estimates and assumptions include the inventory valuation allowance and the treatment of the shares issued. These estimates are often based on complex judgments and assumptions that management believes to be reasonable but are inherently uncertain and unpredictable. Actual results could differ from these estimates.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> </p> | |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>F. Concentration of credit risk</i></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">The Company maintains cash in state-owned banks in China. In China, the insurance coverage of each bank is RMB500,000 (approximately USD$69,000). As of June 30, 2023 and 2022, the Company had $606,483 and $93,510 cash in excess of the insured amount, respectively.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">For the year ended June 30, 2023, one customer accounted for 99.9% of commission revenue. For the year ended June 30, 2022, no customer accounted for more than 10% of revenue.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><span style="background-color: white">For the years ended June 30, 2023 and 2022, the Company had four major suppliers that accounted for over 10% of its total cost of revenue.</span></p><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold">Year ended June 30, <br/> 2023</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold">Year ended June 30, <br/> 2022</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold">Cost of revenue</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold">Percentage of<br/> Cost of<br/> revenue</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold">Cost of<br/> revenue</td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; text-align: center; font-weight: bold"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Percentage of<br/> <span style="text-decoration:underline;text-decoration: none">Cost of<br/> revenue</span></b></span></td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left">Supplier A</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">263,812</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">45</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">306,404</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">28</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Supplier B</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">90,380</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">227,615</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">21</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Supplier C</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">120,646</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">20</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">198,839</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">18</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Supplier D</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">53,419</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">9</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">127,848</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12</td><td style="text-align: left">%</td></tr> </table> | |
CY2023 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
500000 | cny |
CY2023 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
69000 | usd |
CY2023Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
606483 | usd |
CY2022Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
93510 | usd |
CY2022 | lddc |
Cost Of Revenue Percentage
CostOfRevenuePercentage
|
0.10 | pure |
CY2023 | lddc |
Cost Of Revenue Percentage
CostOfRevenuePercentage
|
0.10 | pure |
CY2023Q2 | us-gaap |
Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
|
68341 | usd |
CY2023 | us-gaap |
Revenue Recognition Allowances
RevenueRecognitionAllowances
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white"><i>L. Revenue recognition</i></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">The Company adopted FASB ASC Section 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the sales of products and services by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">The Company recognizes revenue when the amount of revenue can be reliably measured, it is probable that economic benefits will flow to the entity, and specific criteria have been met for each of the Company’s activities as described below.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white"><span style="text-decoration:underline">Service and Product Revenue</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">The Company sells healthcare packages, including healthcare consulting services and healthcare products. Customers may purchase a healthcare services package, or healthcare services combined with nutritional products. Currently all sales of products are bundled with healthcare services. The combination of services and products are generally capable of being distinct and accounted for as separate performance obligations. For the sale of healthcare packages that include services and products, the Company allocates revenues based on their relative selling prices.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">The Company sells a healthcare service package to a customer, which represents the rights to services purchased by the Company. The delivery of a healthcare service package to a customer represents a separate performance obligation. The Company’s policy is to recognize service revenue at that time when the healthcare service package has been sold, ownership and risk of loss have been transferred to the customer, and the service has been provided. Accordingly, revenue is recognized at the point in time when the service is provided. Service revenue is recognized when the healthcare service package has been delivered to the customer and there are no remaining performance obligations.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">Management regularly reviews the sales returns and allowances based on historical experience. Any subsequent sales returns and cancellations are recognized upon notification from the customers. The liability for sales returns and allowances relating to the sale of healthcare service packages amounted to $15,406 and $4,817 as of June 30, 2023 and June 30, 2022, respectively. Management’s provision for sales returns and allowances was 1.85% and 1.09%, respectively, of the total service revenue for the years ended June 30, 2023 and 2022.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">Product revenue results from the sale of healthcare and nutritional products, including Collagen peptide, Calcium tablets and other products. The Company recognizes revenue when the product has been delivered and ownership and risk of loss have been transferred to the customer. The Company accepts returns provided the products are well packaged and can be resold. Management regularly reviews the sales returns and allowances based on historical experience. The liability for sales returns and allowances relating to the sale of healthcare products amounted to $229 and $997 as of June 30, 2023 and June 30, 2022, respectively. Management’s provision for sales returns and allowances was 1.26% and 1.35%, respectively, of the total product revenue for the year ended June 30, 2023 and 2022.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">The Company typically collects fees before delivery of healthcare packages. Amounts received from a customer before the delivery of the healthcare package are recorded as deferred revenue on the Consolidated Balance Sheets.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white"><span style="text-decoration:underline">Commission Revenue</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; background-color: white">Commencing in the three months ended June 30, 2023, the Company started offering in a sales agent capacity healthcare service and product packages of a third-party provider. The third party is responsible for fulfillment of the services to the customer and the Company has no performance commitment or liability to the customer. The Company receives deposits from the customers, remits to the third-party provider the provider’s contracted amounts, and retains the remaining amounts as commission revenue. The commission revenue is recognized upon acceptance of the customer contract by the third-party provider and is presented on a net basis in the Statement of Operations and Comprehensive Income (Loss).</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">Cost of Revenues</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">Cost of service revenue consists primarily of the cost of healthcare service packages purchased from third party healthcare service providers to fulfill contracts with customers.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="background-color: white">Cost of product revenue consists primarily of the cost of healthcare products purchased from suppliers. Cost of product revenue is recognized when the product has been delivered to the customer.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> </p> | |
CY2023 | us-gaap |
Sales Commissions And Fees
SalesCommissionsAndFees
|
15406 | usd |
CY2022 | us-gaap |
Sales Commissions And Fees
SalesCommissionsAndFees
|
4817 | usd |
CY2023 | lddc |
Sales Return Percentage
SalesReturnPercentage
|
0.0185 | pure |
CY2022 | lddc |
Sales Return Percentage
SalesReturnPercentage
|
0.0109 | pure |
CY2022Q2 | us-gaap |
Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
|
33837 | usd |
CY2023Q2 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
204645 | usd |
CY2022Q2 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
104458 | usd |
CY2023Q2 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
72026 | usd |
CY2022Q2 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
70561 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
276671 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
175019 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
123952 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
65786 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
152719 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
109233 | usd |
CY2023 | us-gaap |
Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
|
67738 | usd |
CY2023 | us-gaap |
Operating Expenses
OperatingExpenses
|
59745 | usd |
CY2023 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
7993 | usd |
CY2022 | us-gaap |
Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
|
65700 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
59937 | usd |
CY2022 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
5763 | usd |
CY2022 | us-gaap |
Line Of Credit Facility Maximum Monthend Outstanding Amount
LineOfCreditFacilityMaximumMonthendOutstandingAmount
|
143333 | usd |
CY2021Q1 | lddc |
Leased Office Space
LeasedOfficeSpace
|
1500 | sqm |
CY2021Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
106680 | usd |
CY2021Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
700000 | cny |
CY2023 | us-gaap |
Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
|
104611 | usd |
CY2022 | us-gaap |
Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
|
74558 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
|
0.21 | pure |
CY2023 | lddc |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate1
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate1
|
0.165 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.25 | pure |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-586688 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-146606 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
618019 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-7415383 | usd |
CY2023 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
31331 | usd |
CY2022 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
-7561989 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.21 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0 | pure |
CY2023Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
349976 | usd |
CY2023Q2 | srt |
Financing Receivable Before Allowance For Credit Loss To Total Percent
FinancingReceivableBeforeAllowanceForCreditLossToTotalPercent
|
1 | pure |
CY2023Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
87494 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
238921 | usd |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
151427 | usd |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
165008 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
586688 | usd |
CY2023 | lddc |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance1
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance1
|
1 | pure |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
|
171327 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsNotSubjectToExpiration
|
48123 | usd |
CY2023Q2 | us-gaap |
Deferred Taxes Business Combination Valuation Allowance Available To Reduce Goodwill And Intangible Assets
DeferredTaxesBusinessCombinationValuationAllowanceAvailableToReduceGoodwillAndIntangibleAssets
|
123204 | usd |
CY2022Q2 | us-gaap |
Deferred Taxes Business Combination Valuation Allowance Available To Reduce Goodwill And Intangible Assets
DeferredTaxesBusinessCombinationValuationAllowanceAvailableToReduceGoodwillAndIntangibleAssets
|
30787 | usd |
CY2021Q2 | lddc |
Leased Office Space
LeasedOfficeSpace
|
700 | sqm |
CY2022Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
9295 | usd |
CY2022Q2 | us-gaap |
Lessee Finance Lease Term Of Contract1
LesseeFinanceLeaseTermOfContract1
|
P1Y | |
CY2021Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
74946 | usd |
CY2021Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
480000 | cny |
CY2021Q3 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
3123 | usd |
CY2022Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
21912 | usd |
CY2022Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
150000 | cny |
CY2022Q3 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
7304 | usd |
CY2023Q2 | lddc |
Leased Office Space
LeasedOfficeSpace
|
957 | sqm |
CY2023Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
20732 | usd |
CY2023Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
144140 | cny |
CY2023 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
73147 | usd |
CY2022 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
89168 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
13470 | usd |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
77106 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
6579 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
34928 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
6891 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2986 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
13470 | usd |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
37914 | usd |
CY2023 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
21575 | usd |
CY2022 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
34081 | usd |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y1M24D | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0475 | pure |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0475 | pure |
CY2023 | lddc |
Determining Present
DeterminingPresent
|
0.0475 | pure |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
6891 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
6891 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
13782 | usd |
CY2023Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
312 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
13470 | usd |
CY2021Q3 | us-gaap |
Variable Lease Payment
VariableLeasePayment
|
106680 | usd |
CY2021Q3 | us-gaap |
Variable Lease Payment
VariableLeasePayment
|
700000 | cny |
CY2021Q3 | us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
15240 | usd |
CY2021Q3 | us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
100000 | cny |
CY2021Q3 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
30480 | usd |
CY2021Q3 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
200000 | cny |
CY2023 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
|
-39089 | usd |
CY2022 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
|
-7517365 | usd |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
30018056 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
25616907 | shares |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.001 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.293 | |
CY2023Q2 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
usd | |
CY2022Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.001 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.293 | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25616907 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
30018056 | shares |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
usd | |
CY2023 | us-gaap |
Interest Expense
InterestExpense
|
usd | |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
usd | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
25616907 | shares |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.001 | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001892316 | |
CY2022Q4 | dei |
Entity Public Float
EntityPublicFloat
|
0 | usd |