Operating Segments (Tables)
|
3 Months Ended |
Sep. 30, 2020 |
|---|
| Segment Reporting [Abstract] |
|
| Summary of Identifiable Assets |
The following table presents a summary of identifiable
assets as of September 30, 2020 and June 30, 2020:
| |
|
As of |
|
|
As of |
|
| |
|
September 30, 2020 |
|
|
June 30, 2020 |
|
| Identifiable assets: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
3,563,228 |
|
|
$ |
4,508,724 |
|
| North America |
|
|
5,879,871 |
|
|
|
5,949,653 |
|
| Europe |
|
|
10,948,153 |
|
|
|
10,856,814 |
|
| Asia - Pacific |
|
|
62,672,095 |
|
|
|
67,157,898 |
|
| Consolidated |
|
$ |
83,063,347 |
|
|
$ |
88,473,089 |
|
|
| Summary of Investment Under Equity Method |
The following table presents a summary of investment under equity
method as of September 30, 2020 and June 30, 2020:
| |
|
As of |
|
|
As of |
|
| |
|
September 30, 2020 |
|
|
June 30, 2020 |
|
| Investment in associates under equity method: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
441,729 |
|
|
$ |
473,692 |
|
| Asia - Pacific |
|
|
1,975,562 |
|
|
|
1,914,000 |
|
| Consolidated |
|
$ |
2,417,291 |
|
|
$ |
2,387,692 |
|
|
| 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, |
|
| |
|
2020 |
|
|
2019 |
|
| Revenues from unaffiliated customers: |
|
|
|
|
|
|
|
|
| North America |
|
$ |
812,878 |
|
|
$ |
977,175 |
|
| Europe |
|
|
3,151,891 |
|
|
|
2,592,339 |
|
| Asia - Pacific |
|
|
8,682,609 |
|
|
|
9,919,969 |
|
| |
|
|
12,647,378 |
|
|
|
13,489,483 |
|
| Revenue from affiliated customers |
|
|
|
|
|
|
|
|
| Asia - Pacific |
|
|
- |
|
|
|
82,933 |
|
| |
|
|
- |
|
|
|
82,933 |
|
| Consolidated |
|
$ |
12,647,378 |
|
|
$ |
13,572,416 |
|
| |
|
|
|
|
|
|
|
|
| Intercompany revenue |
|
|
|
|
|
|
|
|
| Europe |
|
$ |
139,156 |
|
|
$ |
146,825 |
|
| Asia - Pacific |
|
|
2,158,628 |
|
|
|
1,064,766 |
|
| Eliminated |
|
$ |
2,297,784 |
|
|
$ |
1,211,591 |
|
| |
|
|
|
|
|
|
|
|
| Net income (loss) after taxes and before non-controlling interest: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
1,167,795 |
|
|
$ |
(864,210 |
) |
| North America |
|
|
(281,797 |
) |
|
|
(57,987 |
) |
| Europe |
|
|
603,016 |
|
|
|
381,094 |
|
| Asia - Pacific |
|
|
(365,537 |
) |
|
|
(1,720,156 |
) |
| Consolidated |
|
$ |
1,123,477 |
|
|
$ |
(2,261,259 |
) |
|
| 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, |
|
| |
|
2020 |
|
|
2019 |
|
| Capital expenditures: |
|
|
|
|
|
|
|
|
| North America |
|
$ |
1,521 |
|
|
$ |
- |
|
| Europe |
|
|
57,429 |
|
|
|
31,852 |
|
| Asia - Pacific |
|
|
430,339 |
|
|
|
289,273 |
|
| Consolidated |
|
$ |
489,289 |
|
|
$ |
321,125 |
|
|