Quarterly report pursuant to Section 13 or 15(d)

Operating Segments (Tables)

v2.4.1.9
Operating Segments (Tables)
9 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Summary of Identifiable Assets

The following table presents a summary of identifiable assets as of March 31, 2015 and June 30, 2014:

 

    As of     As of  
    March 31, 2015     June 30, 2014  
Identifiable assets:                
Corporate headquarters   $ 3,091,440     $ 5,150,823  
North America     7,740,157       7,406,631  
Europe     6,537,265       6,169,265  
Asia - Pacific     71,873,395       76,176,555  
Consolidated   $ 89,242,257     $ 94,903,274  

Summary of Operating Information

The following table presents a summary of operating information for the three and nine months ended March 31:

 

    For the Three Months     For the Nine Months  
    Ended March 31,     Ended March 31,  
      2015       2014       2015       2014  
Revenues from unaffiliated customers:                                
North America   $ 1,317,971     $ 1,192,372     $ 3,908,308     $ 3,131,894  
Europe     1,381,156       2,042,807       4,621,071       4,470,857  
Asia - Pacific     8,517,643       4,536,312       21,984,976       15,079,009  
      11,216,770       7,771,491       30,514,355       22,681,760  
Revenue from affiliated customers                                
Europe     332,617       174,820       864,311       515,152  
Asia - Pacific     1,524,528       1,416,740       4,275,004       3,641,182  
      1,857,145       1,591,560       5,139,315       4,156,334  
Consolidated   $ 13,073,915     $ 9,363,051     $ 35,653,670     $ 26,838,094  
                                 
Intercompany revenue                                
Europe   $ 132,013     $ 76,641     $ 355,182     $ 413,173  
Asia - Pacific     1,410,655       324,853       3,101,919       1,277,410  
Eliminated   $ 1,542,668     $ 401,494     $ 3,457,101     $ 1,690,583  
                                 
Net income (loss) after taxes and before non-controlling interest:                                
Corporate headquarters   $ (1,334,716 )   $ (1,370,839 )   $ (3,418,401 )   $ (3,790,901 )
North America     215,856       408,517       927,629       624,989  
Europe     185,043       28,614       (72,830 )     (822,699 )
Asia - Pacific     (387,355 )     (2,858,602 )     (2,492,726 )     (1,828,992 )
Discontinued operation     -       1,480,786       -       1,158,752  
Consolidated   $ (1,321,172 )   $ (2,311,524 )   $ (5,056,328 )   $ (4,658,851 )

Summary of Capital Expenditures

The following table presents a summary of capital expenditures for the nine months ended March 31:

 

    For the Nine Months  
    Ended March 31,  
    2015     2014  
Capital expenditures:                
Corporate headquarters   $ 3,439     $ 4,531  
North America     18,815       16,388  
Europe     204,481       460,053  
Asia - Pacific     2,272,579       9,102,691  
Consolidated   $ 2,499,314     $ 9,583,663