| SUMMARY OF IDENTIFIABLE ASSETS |
The
following table presents a summary of identifiable assets as of March 31, 2023 and June 30, 2022:
SUMMARY OF IDENTIFIABLE ASSETS
| |
|
As of |
|
|
As of |
|
| |
|
March 31, 2023 |
|
|
June 30, 2022 |
|
| Identifiable assets: |
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
1,633,771 |
|
|
$ |
844,178 |
|
| North America |
|
|
6,332,955 |
|
|
|
6,442,219 |
|
| Europe |
|
|
8,351,282 |
|
|
|
8,727,530 |
|
| Asia - Pacific |
|
|
43,231,859 |
|
|
|
56,594,705 |
|
| Consolidated |
|
$ |
59,549,867 |
|
|
$ |
72,608,632 |
|
|
| SUMMARY OF OPERATING INFORMATION |
The
following table presents a summary of operating information for the three and nine months ended March 31:
SUMMARY OF OPERATING INFORMATION
| |
|
For the Three Months |
|
|
For the Nine Months |
|
| |
|
Ended March 31, |
|
|
Ended March 31, |
|
| |
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
| Revenues from unaffiliated customers: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| North America |
|
$ |
1,365,556 |
|
|
$ |
1,113,820 |
|
|
$ |
4,088,696 |
|
|
$ |
3,104,433 |
|
| Europe |
|
|
2,550,372 |
|
|
|
2,088,918 |
|
|
|
7,643,408 |
|
|
|
7,483,911 |
|
| Asia - Pacific |
|
|
9,590,461 |
|
|
|
11,607,088 |
|
|
|
26,870,762 |
|
|
|
33,115,205 |
|
| |
|
|
13,506,389 |
|
|
|
14,809,826 |
|
|
|
38,602,866 |
|
|
|
43,703,549 |
|
| Revenue from affiliated customers |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Asia - Pacific |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Consolidated |
|
$ |
13,506,389 |
|
|
$ |
14,809,826 |
|
|
$ |
38,602,866 |
|
|
$ |
43,703,549 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Intercompany revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Europe |
|
$ |
103,249 |
|
|
$ |
105,668 |
|
|
$ |
292,210 |
|
|
$ |
349,345 |
|
| Asia - Pacific |
|
|
2,985,506 |
|
|
|
3,104,913 |
|
|
|
7,260,557 |
|
|
|
6,439,377 |
|
| Eliminated |
|
$ |
3,088,755 |
|
|
$ |
3,210,581 |
|
|
$ |
7,552,767 |
|
|
$ |
6,788,722 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) after taxes and before non-controlling interest: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
289,652 |
|
|
$ |
(394,375 |
) |
|
$ |
919,914 |
|
|
$ |
(127,742 |
) |
| North America |
|
|
(3,702 |
) |
|
|
(86,722 |
) |
|
|
82,677 |
|
|
|
(213,730 |
) |
| Europe |
|
|
(103,219 |
) |
|
|
(575,533 |
) |
|
|
(586,607 |
) |
|
|
(973,972 |
) |
| Asia - Pacific |
|
|
4,059,800 |
|
|
|
1,039,158 |
|
|
|
986,613 |
|
|
|
4,287,015 |
|
| Consolidated |
|
$ |
4,242,531 |
|
|
$ |
(17,472 |
) |
|
$ |
1,402,597 |
|
|
$ |
2,971,571 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and amortization: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| North America |
|
$ |
657 |
|
|
$ |
451 |
|
|
$ |
1,866 |
|
|
$ |
1,544 |
|
| Europe |
|
|
65,584 |
|
|
|
88,987 |
|
|
|
207,186 |
|
|
|
288,481 |
|
| Asia - Pacific |
|
|
716,725 |
|
|
|
858,495 |
|
|
|
2,310,417 |
|
|
|
2,579,646 |
|
| Consolidated |
|
$ |
782,966 |
|
|
$ |
947,933 |
|
|
$ |
2,519,469 |
|
|
$ |
2,869,671 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
7,834 |
|
|
$ |
8,105 |
|
|
$ |
16,226 |
|
|
$ |
28,111 |
|
| North America |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Europe |
|
|
1,806 |
|
|
|
1,766 |
|
|
|
8,146 |
|
|
|
8,050 |
|
| Asia - Pacific |
|
|
178,497 |
|
|
|
76,045 |
|
|
|
487,738 |
|
|
|
241,576 |
|
| Consolidated |
|
$ |
188,137 |
|
|
$ |
85,916 |
|
|
$ |
512,110 |
|
|
$ |
277,737 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income tax expense: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate headquarters |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(43,354 |
) |
| North America |
|
|
1,600 |
|
|
|
400 |
|
|
|
1,600 |
|
|
|
46,154 |
|
| Europe |
|
|
2,822 |
|
|
|
- |
|
|
|
2,822 |
|
|
|
9,524 |
|
| Asia - Pacific |
|
|
223,296 |
|
|
|
157,204 |
|
|
|
636,700 |
|
|
|
514,413 |
|
| Consolidated |
|
$ |
227,718 |
|
|
$ |
157,604 |
|
|
$ |
641,122 |
|
|
$ |
526,737 |
|
|