Company: SISI
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006895
Chunk: 1

Company: SHINECO, INC.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 2,303,421  
     2,875,384 
  
    Other payables and accrued expenses 
     1,669,806  
     2,528,355 
  
    Operating lease liabilities - current 
     297,775  
     272,787 
  
    Convertible note payable - current 
     9,548,551  
     4,194,841 
  
    Deferred income 
     191,821  
     72,610 
  
    Taxes payable 
     1,371,236  
     1,387,630 
  
    TOTAL CURRENT LIABILITIES 
     42,171,740  
     27,562,855 

    Income tax payable - non-current portion 
     186,191  
     186,191 
  
    Operating lease liabilities - non-current 
     12,143  
     - 
  
    Convertible note payable - non-current 
     -  
     8,937,173 
  
    Long-term loans - non-current 
     1,678,436  
     1,080,159 
  
    Deferred tax liability 
     9,253,528  
     9,835,306 
  
    TOTAL LIABILITIES 
     53,302,038  
     47,601,684 

    Commitments and contingencies 
     -  
     - 

    EQUITY: 

    Common
    stock; par value $0.001, 150,000,000 shares authorized; 2,179,844 and 332,215
    shares issued and outstanding at December 31, 2024 and June 30, 2024* 
     2,180  
     332 
  
    Additional paid-in capital 
     90,496,390  
     69,476,805 
  
    Subscription receivable 
     (3,522,170) 
     - 
  
    Subscribed common stock 
     -  
     6,728,291 
  
    Statutory reserve 
     4,350,297  
     4,350,297 
  
    Accumulated deficit 
     (57,983,811) 
     (54,336,629)
  
    Accumulated other comprehensive loss 
     (231,