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Junee Ltd
Companies
"Long-term"
Keywords
Tables in SEC filings
Source
At June 30, | ||||||||
2024 | 2023 | |||||||
Assets | ||||||||
Current assets | ||||||||
Cash | $ | 7,244,941 | $ | 558,386 | ||||
Accounts receivable, net | 257,638 | 767,014 | ||||||
Contract assets | 253,351 | 80,663 | ||||||
Contract costs | 19,163 | — | ||||||
Due from a related party | 65,946 | — | ||||||
Prepayments – related parties | 7,298 | 7,280 | ||||||
Prepayments and other current assets | 16,856 | 24,257 | ||||||
Total current assets | 7,865,193 | 1,437,600 | ||||||
Non-current assets | ||||||||
Property and equipment, net | 18,843 | 22,826 | ||||||
Operating lease right-of-use assets | 91,388 | 7,075 | ||||||
Rental deposits – related parties | 21,895 | 21,839 | ||||||
Deferred initial public offering (“IPO”) costs | — | 961,964 | ||||||
Deferred tax assets, net | 9,055 | 11,398 | ||||||
Total assets | $ | 8,006,374 | $ | 2,462,702 | ||||
Liabilities and Shareholders’ Equity | ||||||||
Current liabilities | ||||||||
Accounts payable | $ | 451,208 | $ | 752,485 | ||||
Contract liabilities | 11,431 | 14,383 | ||||||
Current maturities of long-term bank borrowings | 164,741 | 151,544 | ||||||
Due to related parties | 46 | 35,167 | ||||||
Income tax payable | 125,288 | 120,036 | ||||||
Operating lease liabilities, related parties, current | 85,626 | 7,263 | ||||||
Accrued expenses and other current liabilities | 115,127 | 51,832 | ||||||
Total current liabilities | 953,467 | 1,132,710 | ||||||
Non-current liabilities | ||||||||
Operating lease liabilities, related parties, non-current | 7,276 | — | ||||||
Long-term bank borrowings, non-current | 80,643 | 237,325 | ||||||
Total liabilities | 1,041,386 | 1,370,035 | ||||||
Shareholders’ equity | ||||||||
Ordinary shares, no par value, unlimited number of ordinary shares authorized, 12,977,354 and 10,714,286 ordinary shares issued and outstanding as of June 30, 2024 and 2023, respectively* | 6,710,390 | 1,000 | ||||||
Additional paid-in capital | 1,339,286 | 1,339,286 | ||||||
Accumulated deficit | (1,102,217) | (247,290) | ||||||
Accumulated other comprehensive income (loss) | 17,529 | (329) | ||||||
Total shareholders’ equity | 6,964,988 | 1,092,667 | ||||||
Total liabilities and shareholders’ equity | $ | 8,006,374 | $ | 2,462,702 |
Interest rate | 2024 | 2023 | ||||||||||
Bank of China (Hong Kong) – Loan 1(1) | 3.625 | % | $ | 119,899 | $ | 198,512 | ||||||
Bank of China (Hong Kong) – Loan 2(2) | 3.625 | % | 63,152 | 103,112 | ||||||||
Bank of China (Hong Kong) – Loan 3(3) | 3.625 | % | 62,333 | 87,245 | ||||||||
$ | 245,384 | $ | 388,869 | |||||||||
Less: current portion of long-term bank borrowings | (164,741) | (151,544) | ||||||||||
Non-current portion of long-term bank borrowings | $ | 80,643 | $ | 237,325 |