v3.24.3

Consolidated Balance Sheets - USD ($)	Jun. 30, 2024	Jun. 30, 2023
Current Assets:
Cash and cash equivalents	$ 1,404,042	$ 1,136,562
Other receivables	131,376	107,042
Prepayments	124,427	68,341
Inventories		820
Total current assets	1,659,845	1,312,765
Property and equipment, net	353,486	152,719
Intangible asset, net		3,828
Right-of-use assets	50,070	13,470
Total assets	2,063,401	1,482,782
Current Liabilities:
Accounts payable	358,613	1,044,247
Deferred revenue	713,360	588,335
Accrued expenses	50,107	90,858
Security deposits		54,992
Other payables	35,660	84,015
Operating lease liabilities, current	17,618	6,579
Other current liabilities	86,645	72,909
Total current liabilities	1,264,236	2,046,546
Operating lease liabilities, less current portion	18,314	6,891
Total liabilities	1,282,550	2,053,437
Equity (Deficit):
Preferred stock; $0.001 par value, 30,000,000 shares authorized,no shares issued and outstanding at June 30, 2024 and 2023
Common stock; $0.001 par value, 500,000,000 shares authorized; 30,005,016 and 30,000,008 shares issued and outstanding at June 30, 2024 and 2023, respectively	30,005	30,005
Additional paid-in capital	7,246,729	7,246,729
Accumulated deficit	(6,629,632)	(7,885,080)
Accumulated other comprehensive income	55,413	66,389
Total stockholders’ equity (deficit)	702,515	(541,957)
Non-controlling interests	78,336	(28,698)
Total stockholders’ equity (deficit) attributable to the common stockholders	780,851	(570,655)
Total liabilities and equity (deficit)	2,063,401	1,482,782
Related Party
Current Liabilities:
Due to related parties	$ 2,233	$ 104,611

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Longduoduo Co Ltd 10-K