| SUMMARY OF IDENTIFIABLE ASSETS |
The following
table presents a summary of identifiable assets as of December 31, 2022 and June 30, 2022:
SUMMARY OF IDENTIFIABLE ASSETS
| |
|
As of |
|
|
As of |
|
| |
|
December 31, 2022 |
|
|
June 30, 2022 |
|
| Identifiable assets: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
1,106,983 |
|
|
$ |
844,178 |
|
| North America |
|
|
7,044,788 |
|
|
|
6,442,219 |
|
| Europe |
|
|
8,920,116 |
|
|
|
8,727,530 |
|
| Asia - Pacific |
|
|
47,744,012 |
|
|
|
56,594,705 |
|
| Consolidated |
|
$ |
64,815,899 |
|
|
$ |
72,608,632 |
|
|
| SUMMARY OF OPERATING INFORMATION |
The following
table presents a summary of operating information for the three and six months ended December 31:
SUMMARY OF OPERATING INFORMATION
| |
|
For the Three Months |
|
|
For the Six Months |
|
| |
|
Ended December 31, |
|
|
Ended December 31, |
|
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| Revenues from unaffiliated customers: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| North America |
|
$ |
1,597,852 |
|
|
$ |
1,060,379 |
|
|
$ |
2,723,140 |
|
|
$ |
1,990,613 |
|
| Europe |
|
|
2,845,701 |
|
|
|
2,122,094 |
|
|
|
5,093,036 |
|
|
|
5,394,993 |
|
| Asia - Pacific |
|
|
7,946,805 |
|
|
|
12,290,489 |
|
|
|
17,280,301 |
|
|
|
21,508,117 |
|
| |
|
|
12,390,358 |
|
|
|
15,472,962 |
|
|
|
25,096,477 |
|
|
|
28,893,723 |
|
| Revenue from affiliated customers |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Asia - Pacific |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Consolidated |
|
$ |
12,390,358 |
|
|
$ |
15,472,962 |
|
|
$ |
25,096,477 |
|
|
$ |
28,893,723 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Intercompany revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
93,236 |
|
|
$ |
116,479 |
|
|
$ |
188,961 |
|
|
$ |
243,677 |
|
| Asia - Pacific |
|
|
2,545,098 |
|
|
|
774,364 |
|
|
|
4,275,051 |
|
|
|
3,334,464 |
|
| Eliminated |
|
$ |
2,638,334 |
|
|
$ |
890,843 |
|
|
$ |
4,464,012 |
|
|
$ |
3,578,141 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) after taxes and before non-controlling interest: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
(696,938 |
) |
|
$ |
138,089 |
|
|
$ |
630,262 |
|
|
$ |
266,633 |
|
| North America |
|
|
105,326 |
|
|
|
(58,915 |
) |
|
|
86,379 |
|
|
|
(127,008 |
) |
| Europe |
|
|
(163,633 |
) |
|
|
(589,882 |
) |
|
|
(483,388 |
) |
|
|
(398,439 |
) |
| Asia - Pacific |
|
|
(1,646,718 |
) |
|
|
2,949,256 |
|
|
|
(3,073,187 |
) |
|
|
3,247,857 |
|
| Consolidated |
|
$ |
(2,401,963 |
) |
|
$ |
2,438,548 |
|
|
$ |
(2,839,934 |
) |
|
$ |
2,989,043 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| North America |
|
$ |
727 |
|
|
$ |
527 |
|
|
$ |
1,209 |
|
|
$ |
1,093 |
|
| Europe |
|
|
66,431 |
|
|
|
100,646 |
|
|
|
141,602 |
|
|
|
199,494 |
|
| Asia - Pacific |
|
|
824,342 |
|
|
|
840,559 |
|
|
|
1,593,692 |
|
|
|
1,721,151 |
|
| Consolidated |
|
$ |
891,500 |
|
|
$ |
941,732 |
|
|
$ |
1,736,503 |
|
|
$ |
1,921,738 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
5,912 |
|
|
$ |
9,565 |
|
|
$ |
8,392 |
|
|
$ |
20,006 |
|
| North America |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Europe |
|
|
2,702 |
|
|
|
2,488 |
|
|
|
6,340 |
|
|
|
6,284 |
|
| Asia - Pacific |
|
|
193,749 |
|
|
|
78,755 |
|
|
|
309,241 |
|
|
|
165,531 |
|
| Consolidated |
|
$ |
202,363 |
|
|
$ |
90,808 |
|
|
$ |
323,973 |
|
|
$ |
191,821 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax expense: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(43,354 |
) |
| North America |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
45,754 |
|
| Europe |
|
|
- |
|
|
|
9,524 |
|
|
|
- |
|
|
|
9,524 |
|
| Asia - Pacific |
|
|
220,056 |
|
|
|
191,982 |
|
|
|
413,404 |
|
|
|
357,209 |
|
| Consolidated |
|
$ |
220,056 |
|
|
$ |
201,506 |
|
|
$ |
413,404 |
|
|
$ |
369,133 |
|
|