As Reported Financial Statements

As Reported Financials

Document Name As Of Date Currency Code (in units) 2016 Y 10-K 6/30/2016 USD 2017 Y 10-K 6/30/2017 USD 2018 Y 10-K 6/30/2018 USD 2019 Y 10-K 6/30/2019 USD 2020 Q3 YTD 10-Q 3/31/2020 USD
Document Name As Of Date Currency Code 2016 Y 10-K 6/30/2016 USD 2017 Y 10-K 6/30/2017 USD 2018 Y 10-K 6/30/2018 USD 2019 Y 10-K 6/30/2019 USD 2020 Q3 YTD 10-Q 3/31/2020 USD

Operating Activities

Net loss

Adjustments to reconcile net loss to net cash used in operating activities

Stock-based compensation NA NA
Stock-based compensation - employees, management and directors NA NA NA NA
Amortization of stock-based compensation to management NA NA NA NA
Amortization of stock-based compensation - consultants NA NA NA
Amortization of stock option expense NA NA NA
Depreciation and amortization
Non-cash lease expense NA NA NA NA
Provision for doubtful accounts
Impairment loss of deposit for leasehold improvement NA NA NA
Deferred tax provision NA
Impairment loss of fixed assets and intangible asset NA NA NA NA
Deferred tax benefit NA NA NA NA

Changes in assets and liabilities

Notes receivable NA NA
Accounts receivable
Other receivables
Decrease (increase) in advances to suppliers-third parties NA NA NA
Advances to suppliers - third parties NA NA
Advances to suppliers - related party
Prepaid expenses and other current assets
Increase in other current assets NA NA NA NA
Other long-term assets - deposits
Due from related parties
Advances from customers
Accounts payable
Taxes payable
Due to related parties NA
Lease liabilities NA NA NA NA
Accrued expenses and other current liabilities
Net cash used in operating activities

Investing Activities

Acquisition of property and equipment
Cash collected from the termination of vessel acquisition NA NA NA NA
Acquisition of intangible assets NA NA
Prepayment for acquisition of intangible assets NA NA NA NA
Prepayment for intangible assets NA NA NA
Net cash used in investing activities

Financing Activities

Proceeds from issuance of common stock
Proceeds from exercise of stock options NA NA NA
Repurchase of common stock NA NA NA NA
Net cash provided by financing activities
Effect of exchange rate fluctuations on cash
Net decrease in cash
Cash at beginning of period
Cash at end of period

Supplemental information

Income taxes paid
Interest paid NA NA NA

Non-cash transactions of operating and investing activities

Transfer of prepayment to intangible asset NA NA NA NA
Initial recognition of right-of-use assets and lease liabilities NA NA NA NA

Non-cash investing and financing activities

Return of common stock issued for vessel acquisition NA NA NA NA
Issuance of common stock to pay for professional services NA NA NA NA
Data shown on this page is extracted directly from the company’s documents. S&P; makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P;, as always, stands by its commitment to the quality of the data.

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