Operating Segments (Tables)
|
3 Months Ended |
Sep. 30, 2019 |
|---|
| Segment Reporting [Abstract] |
|
| Summary of Identifiable Assets |
The following table presents a summary of identifiable assets as
of September 30, 2019 and June 30, 2019:
| |
|
As of |
|
|
As of |
|
| |
|
September 30, 2019 |
|
|
June 30, 2019 |
|
| Identifiable assets: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
3,889,608 |
|
|
$ |
2,947,727 |
|
| North America |
|
|
5,797,752 |
|
|
|
5,730,928 |
|
| Europe |
|
|
9,260,282 |
|
|
|
8,399,033 |
|
| Asia - Pacific |
|
|
69,431,740 |
|
|
|
70,419,331 |
|
| Consolidated |
|
$ |
88,379,382 |
|
|
$ |
87,497,019 |
|
|
| Summary of Investment Under Equity Method |
The following table presents a summary of investment under equity
method as of September 30, 2019 and June 30, 2019:
| |
|
As of |
|
|
As of |
|
| |
|
September 30, 2019 |
|
|
June 30, 2019 |
|
| Investment in associates under equity method: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
630,186 |
|
|
$ |
686,504 |
|
| Asia - Pacific |
|
|
1,830,684 |
|
|
|
1,967,265 |
|
| Consolidated |
|
$ |
2,460,870 |
|
|
$ |
2,653,769 |
|
|
| Summary of Operating Information |
The following table presents a summary of operating information
for the three months ended September 30:
| |
|
For the Three Months |
|
| |
|
Ended September 30, |
|
| |
|
2019 |
|
|
2018 |
|
| Revenues from unaffiliated customers: |
|
|
|
|
|
|
|
|
| North America |
|
$ |
977,175 |
|
|
$ |
843,085 |
|
| Europe |
|
|
2,592,339 |
|
|
|
1,919,934 |
|
| Asia - Pacific |
|
|
9,919,969 |
|
|
|
13,403,395 |
|
| |
|
|
13,489,483 |
|
|
|
16,166,414 |
|
| Revenue from affiliated customers |
|
|
|
|
|
|
|
|
| Asia - Pacific |
|
|
82,933 |
|
|
|
230,131 |
|
| |
|
|
82,933 |
|
|
|
230,131 |
|
| Consolidated |
|
$ |
13,572,416 |
|
|
$ |
16,396,545 |
|
| |
|
|
|
|
|
|
|
|
| Intercompany revenue |
|
|
|
|
|
|
|
|
| Europe |
|
$ |
146,825 |
|
|
$ |
138,653 |
|
| Asia - Pacific |
|
|
1,064,766 |
|
|
|
3,192,386 |
|
| Eliminated |
|
$ |
1,211,591 |
|
|
$ |
3,331,039 |
|
| |
|
|
|
|
|
|
|
|
| Net income (loss) after taxes and before non-controlling interest: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
(864,210 |
) |
|
$ |
(1,218,387 |
) |
| North America |
|
|
(57,987 |
) |
|
|
(178,630 |
) |
| Europe |
|
|
381,094 |
|
|
|
174,088 |
|
| Asia - Pacific |
|
|
(1,720,156 |
) |
|
|
2,504,064 |
|
| Consolidated |
|
$ |
(2,261,259 |
) |
|
$ |
1,281,135 |
|
|
| Summary of Capital Expenditures |
The following table presents a summary of capital expenditures for
the three months ended September 30:
| |
|
For the Three Months |
|
| |
|
Ended September 30, |
|
| |
|
2019 |
|
|
2018 |
|
| Capital expenditures: |
|
|
|
|
|
|
|
|
| North America |
|
$ |
- |
|
|
$ |
- |
|
| Europe |
|
|
31,852 |
|
|
|
98,444 |
|
| Asia - Pacific |
|
|
289,273 |
|
|
|
464,969 |
|
| Consolidated |
|
$ |
321,125 |
|
|
$ |
563,413 |
|
|