Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Stockholders' Equity (Unaudited)

v3.21.1
Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Shares [Member]
Accumulated Deficit [Member]
Comprehensive Loss [Member]
Non Controlling Interest [Member]
Total
Balance at Jun. 30, 2019 $ 119,117 $ 127,737,999 $ (1,455,969) $ (35,206,898) $ (33,125,006) $ 8,414,987 $ 66,484,230
Balance, shares at Jun. 30, 2019 11,911,742            
Exercise of subsidiary common stock options (28,097) 39,718 11,621
Common stock issued for: Services $ 604 342,177 342,781
Common stock issued for: Services, shares 60,367            
Foreign currency translation adjustment 903,345 584,356 1,487,701
Net income (loss) for the period (1,827,947) (433,312) (2,261,259)
Balance at Sep. 30, 2019 $ 119,721 128,052,079 (1,455,969) (37,034,845) (32,221,661) 8,605,749 66,065,074
Balance, shares at Sep. 30, 2019 11,972,109            
Balance at Jun. 30, 2019 $ 119,117 127,737,999 (1,455,969) (35,206,898) (33,125,006) 8,414,987 66,484,230
Balance, shares at Jun. 30, 2019 11,911,742            
Foreign currency translation adjustment             (1,108,848)
Net income (loss) for the period             (245,230)
Balance at Mar. 31, 2020 $ 120,387 128,374,098 (1,455,969) (35,448,063) (34,065,385) 6,361,553 63,886,621
Balance, shares at Mar. 31, 2020 12,038,697            
Balance at Sep. 30, 2019 $ 119,721 128,052,079 (1,455,969) (37,034,845) (32,221,661) 8,605,749 66,065,074
Balance, shares at Sep. 30, 2019 11,972,109            
Common stock issued for: Services $ 285 145,510 145,795
Common stock issued for: Services, shares 28,457            
Dividend to non-controlling interest (1,920,618) (1,920,618)
Foreign currency translation adjustment 1,765,029 244,031 2,009,060
Net income (loss) for the period 585,975 (39,039) 546,936
Balance at Dec. 31, 2019 $ 120,006 128,197,589 (1,455,969) (36,448,870) (30,456,632) 6,890,123 66,846,247
Balance, shares at Dec. 31, 2019 12,000,566            
Common stock issued for: Services $ 381 176,509 176,890
Common stock issued for: Services, shares 38,131            
Foreign currency translation adjustment (3,608,753) (996,856) (4,605,609)
Net income (loss) for the period 1,000,807 468,286 1,469,093
Balance at Mar. 31, 2020 $ 120,387 128,374,098 (1,455,969) (35,448,063) (34,065,385) 6,361,553 63,886,621
Balance, shares at Mar. 31, 2020 12,038,697            
Balance at Jun. 30, 2020 $ 121,222 128,677,754 (1,455,969) (34,269,817) (34,085,047) 6,488,900 65,477,043
Balance, shares at Jun. 30, 2020 12,122,149            
Cumulative effect adjustment [1] (6,309,722)   (474,578) (6,784,300)
Subsidiary common stock issued for: Services 378 378
Common stock issued for: Services $ 149 86,864 87,013
Common stock issued for: Services, shares 14,896            
Purchase of treasury shares (464,676) (464,676)
Foreign currency translation adjustment 874,816 219,908 1,094,724
Net income (loss) for the period 717,554 405,923 1,123,477
Balance at Sep. 30, 2020 $ 121,371 128,764,618 (1,920,645) (39,861,985) (33,210,231) 6,640,531 60,533,659
Balance, shares at Sep. 30, 2020 12,137,045            
Balance at Jun. 30, 2020 $ 121,222 128,677,754 (1,455,969) (34,269,817) (34,085,047) 6,488,900 65,477,043
Balance, shares at Jun. 30, 2020 12,122,149            
Foreign currency translation adjustment             4,177,423
Net income (loss) for the period             69,119
Balance at Mar. 31, 2021 $ 121,580 128,881,744 (3,520,769) (40,727,320) (31,118,798) 7,442,774 61,079,211
Balance, shares at Mar. 31, 2021 12,157,871            
Balance at Sep. 30, 2020 $ 121,371 128,764,618 (1,920,645) (39,861,985) (33,210,231) 6,640,531 60,533,659
Balance, shares at Sep. 30, 2020 12,137,045            
Common stock issued for: Services $ 105 58,563 58,668
Common stock issued for: Services, shares 10,413            
Purchase of treasury shares (927,995) (927,995)
Foreign currency translation adjustment 1,150,080 483,826 1,633,906
Net income (loss) for the period (242,104) 162,916 (79,188)
Balance at Dec. 31, 2020 $ 121,476 128,823,181 (2,848,640) (40,104,089) (32,060,151) 7,287,273 61,219,050
Balance, shares at Dec. 31, 2020 12,147,458            
Common stock issued for: Services $ 104 58,563 58,667
Common stock issued for: Services, shares 10,413            
Purchase of treasury shares (672,129) (672,129)
Foreign currency translation adjustment 941,353 507,440 1,448,793
Net income (loss) for the period (623,231) (351,939) (975,170)
Balance at Mar. 31, 2021 $ 121,580 $ 128,881,744 $ (3,520,769) $ (40,727,320) $ (31,118,798) $ 7,442,774 $ 61,079,211
Balance, shares at Mar. 31, 2021 12,157,871            
[1] Cumulative effect adjustment relates to the adoption of Accounting Standard Update No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. Refer to Note 2 - Accounting Policies for more information.