Product and Service [Axis]
Product Sales [Member]
Service Income [Member]
Service Costs [Member]
Equity Components [Axis]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Noncontrolling Interest [Member]
AOCI Attributable to Parent [Member]
Currency [Axis]
China, Yuan Renminbi
Investment, Name [Axis]
Box Harmony [Member]
Concentration Risk Benchmark [Axis]
Revenue Benchmark [Member]
Concentration Risk Type [Axis]
Customer Concentration Risk [Member]
Customer [Axis]
Amazon Sales To Canada And Other Foreign Countries [Member]
Hydroponic Products [Member]
General Gardening Home Goods And Other Products And Accessories [Member]
Geographical [Axis]
CHINA
Finite-Lived Intangible Assets by Major Class [Axis]
Noncompete Agreements [Member]
Supplier Relationship [Member]
Software [Member]
Fair Value Hierarchy and NAV [Axis]
Fair Value, Inputs, Level 1, Level 2, and Level 3 [Member]
Measurement Frequency [Axis]
Fair Value, Nonrecurring [Member]
Financial Instrument [Axis]
Goodwill [Member]
Fair Value, Inputs, Level 1 [Member]
Fair Value, Inputs, Level 2 [Member]
Fair Value, Inputs, Level 3 [Member]
GSM [Member]
Consolidated Entities [Axis]
Variable Interest Entity, Primary Beneficiary [Member]
Statement of Financial Position Location, Balance [Axis]
Advance To Suppliers [Member]
Prepaid Income Taxes [Member]
Prepaid Expenses And Other Receivables [Member]
Business Acquisition [Axis]
Anivia [Member]
Credit Facility [Axis]
Asset Based Revolving Loan [Member]
Anivia Purchase Note [Member]
Counterparty Name [Axis]
White Cherry Limited [Member]
Accredited Investor [Member]
Debt Instrument [Axis]
Ondemand Loan 2 [Member]
Allan Huang [Member]
RP Loan [Member]
Related and Nonrelated Parties [Axis]
MII Strategy Inc [Member]
Equity Method Investment, Nonconsolidated Investee [Axis]
GILTI [Member]
Income Tax Jurisdiction [Axis]
US Tax Authorities [Member]
Chinese Tax Authorities [Member]
Award Type [Axis]
Stock Issued For Vested RSUs [Member]
Sale of Stock [Axis]
Registered Direct Offering [Member]
Transaction Type [Axis]
Private Placement Offering [Member]
Share Cancellation [Member]
Plan Name [Axis]
Equity Incentive Plan [Member]
Restricted Stock Units (RSUs) [Member]
Various Parties [Member]
Class of Stock [Axis]
Mr Vassily [Member]
Chenlong Tan [Member]
Monte Carlo [Member]
Options Granted [Member]
Equity Option [Member]
Amazon Vendor And Amazon Seller [Member]
Accounts Receivable [Member]
Total Purchases [Member]
Product Concentration Risk [Member]
Supply Commitment [Axis]
One Supplier [Member]
Accounts Payable [Member]
Settlement Agreement [Member]
Pledge Agreement [Member]
Cover [Abstract]
Document Type
Amendment Flag
Amendment Description
Document Registration Statement
Document Annual Report
Document Quarterly Report
Document Transition Report
Document Shell Company Report
Document Shell Company Event Date
Document Period Start Date
Document Period End Date
Document Fiscal Period Focus
Document Fiscal Year Focus
Current Fiscal Year End Date
Entity File Number
Entity Registrant Name
Entity Central Index Key
Entity Primary SIC Number
Entity Tax Identification Number
Entity Incorporation, State or Country Code
Entity Address, Address Line One
Entity Address, Address Line Two
Entity Address, Address Line Three
Entity Address, City or Town
Entity Address, State or Province
Entity Address, Country
Entity Address, Postal Zip Code
Country Region
City Area Code
Local Phone Number
Extension
Written Communications
Soliciting Material
Pre-commencement Tender Offer
Pre-commencement Issuer Tender Offer
Title of 12(b) Security
No Trading Symbol Flag
Trading Symbol
Security Exchange Name
Title of 12(g) Security
Security Reporting Obligation
Annual Information Form
Audited Annual Financial Statements
Entity Well-known Seasoned Issuer
Entity Voluntary Filers
Entity Current Reporting Status
Entity Interactive Data Current
Entity Filer Category
Entity Small Business
Entity Emerging Growth Company
Elected Not To Use the Extended Transition Period
Document Accounting Standard
Other Reporting Standard Item Number
Entity Shell Company
Entity Public Float
Entity Bankruptcy Proceedings, Reporting Current
Entity Common Stock, Shares Outstanding
Documents Incorporated by Reference [Text Block]
Statement of Financial Position [Abstract]
ASSETS
Current assets
Cash and cash equivalent
Accounts receivable, net
Inventories, net
Prepayments and other current assets, net
Total current assets
Non-current assets
Right of use - non-current
Property and equipment, net
Deferred tax assets, net
Goodwill
Intangible assets, net
Other non-current assets
Total non-current assets
Total assets
LIABILITIES AND EQUITY
Current liabilities
Accounts payable, net
Other payables and accrued liabilities
Lease liability - current
Short-term loan payable
Short-term loan payable - related party
Revolving loan payable, net
Income taxes payable
Total current liabilities
Non-current liabilities
Long-term revolving loan payable, net
Lease liability - non-current
Total non-current liabilities
Total liabilities
Commitments and contingency
Stockholders' Equity
Preferred stock, $0.001 par value; 20,000,000 shares authorized; 0 shares issued and outstanding at September 30, 2024 and June 30, 2024
Common stock, $0.001 par value; 180,000,000 shares authorized; 31,359,899 shares issued and outstanding at September 30, 2024 and June 30, 2024
Additional paid in capital
Accumulated deficits
Non-controlling interest
Accumulated other comprehensive loss
Total stockholders' equity
Total liabilities and stockholders' equity
Preferred stock, par value
Preferred stock, shares authorized
Preferred stock, shares issued
Preferred stock, shares outstanding
Common stock, par value
Common stock, shares authorized
Common stock, shares outstanding
Common stock, shares outstanding
Statement [Table]
Statement [Line Items]
REVENUES
Product sales revenues
Service income
Total revenues
COST OF REVENUES
Product costs
Service costs
Total cost of revenues
GROSS PROFIT
OPERATING EXPENSES:
Selling and fulfillment
General and administrative
Total operating expenses
LOSS FROM OPERATIONS
OTHER INCOME (EXPENSE)
Interest expenses
Loss on equity method investment
Other non-operating income (Loss)
Total other income (expenses), net
LOSS BEFORE INCOME TAXES
PROVISION FOR INCOME TAX BENEFIT
NET LOSS
Non-controlling interest
NET LOSS ATTRIBUTABLE TO IPOWER INC.
OTHER COMPREHENSIVE LOSS
Foreign currency translation adjustments
COMPREHENSIVE LOSS ATTRIBUTABLE TO IPOWER INC.
WEIGHTED AVERAGE NUMBER OF COMMON STOCK
LOSSES PER SHARE
Income Statement [Abstract]
Weighted Average Number of Shares Outstanding, Basic
Weighted Average Number of Shares Outstanding, Diluted
Earnings Per Share, Basic
Earnings Per Share, Diluted
Beginning balance, value
Beginning balance, shares
Net loss
Stock-based compensation
Foreign currency translation adjustments
Balance, September 30, 2023, Unaudited
Ending balance, shares
Statement of Cash Flows [Abstract]
CASH FLOWS FROM OPERATING ACTIVITIES:
Adjustments to reconcile net loss to cash (used in) provided by operating activities:
Depreciation and amortization expense
Inventory reserve
Credit loss reserve
Loss on equity method investment
Stock-based compensation expense
Gain on foreign currency exchange rates
Amortization of operating lease right of use assets
Amortization of debt premium / discount and non-cash financing costs
Change in operating assets and liabilities
Accounts receivable
Inventories
Deferred tax assets
Prepayments and other current assets, net
Non-current prepayments
Other non-current assets
Accounts payable
Other payables and accrued liabilities
Operating lease liabilities
Income taxes payable
Net cash (used in) provided by operating activities
CASH FLOWS FROM INVESTING ACTIVITIES:
Prepayments for software development
Net cash used in investing activities
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of offering cost settlement
Proceeds from short-term loans - related party
Payments on short-term loans - related party
Payments on promissory note
Proceeds from revolving loan
Payments on revolving loan
Net cash used in financing activities
EFFECT OF EXCHANGE RATE ON CASH
CHANGES IN CASH AND CASH EQUIVALENTS
CASH AND CASH EQUIVALENTS, beginning of period
CASH AND CASH EQUIVALENTS, end of period
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Cash paid for income tax
Cash paid for interest
Right of use assets derecognized due to termination of operating leases
Right of use assets acquired under new operating leases
Pay vs Performance Disclosure [Table]
Executive Category [Axis]
Individual [Axis]
Adjustment to Compensation [Axis]
Measure [Axis]
Pay vs Performance Disclosure, Table
Company Selected Measure Name
Named Executive Officers, Footnote
Peer Group Issuers, Footnote
Changed Peer Group, Footnote
PEO Total Compensation Amount
PEO Actually Paid Compensation Amount
Adjustment To PEO Compensation, Footnote
Non-PEO NEO Average Total Compensation Amount
Non-PEO NEO Average Compensation Actually Paid Amount
Adjustment to Non-PEO NEO Compensation Footnote
Equity Valuation Assumption Difference, Footnote
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Company Selected Measure
Total Shareholder Return Vs Peer Group
Compensation Actually Paid vs. Other Measure
Tabular List, Table
Total Shareholder Return Amount
Peer Group Total Shareholder Return Amount
Net Income (Loss)
Company Selected Measure Amount
Other Performance Measure, Amount
Adjustment to Compensation, Amount
PEO Name
Name
Non-GAAP Measure Description
Additional 402(v) Disclosure
Pension Benefits Adjustments, Footnote
Erroneously Awarded Compensation Recovery [Table]
Restatement Determination Date [Axis]
Restatement Determination Date
Aggregate Erroneous Compensation Amount
Erroneous Compensation Analysis
Stock Price or TSR Estimation Method
Outstanding Aggregate Erroneous Compensation Amount
Aggregate Erroneous Compensation Not Yet Determined
Name
Forgone Recovery due to Expense of Enforcement, Amount
Forgone Recovery due to Violation of Home Country Law, Amount
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Forgone Recovery, Explanation of Impracticability
Name
Compensation Amount
Restatement does not require Recovery
Awards Close in Time to MNPI Disclosures [Table]
Award Timing MNPI Disclosure
Award Timing Method
Award Timing Predetermined
Award Timing MNPI Considered
Award Timing, How MNPI Considered
MNPI Disclosure Timed for Compensation Value
Awards Close in Time to MNPI Disclosures, Table
Name
Underlying Securities
Exercise Price
Fair Value as of Grant Date
Underlying Security Market Price Change
Insider Trading Arrangements [Line Items]
Material Terms of Trading Arrangement
Name
Title
Rule 10b5-1 Arrangement Adopted
Non-Rule 10b5-1 Arrangement Adopted
Adoption Date
Rule 10b5-1 Arrangement Terminated
Non-Rule 10b5-1 Arrangement Terminated
Termination Date
Expiration Date
Arrangement Duration
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted
Insider Trading Policies and Procedures Not Adopted
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of business and organization
Accounting Policies [Abstract]
Basis of Presentation and Summary of significant accounting policies
Joint Ventures
Joint Ventures
Variable interest entity
Receivables [Abstract]
Accounts receivable, net
Inventory Disclosure [Abstract]
Inventories, net
Prepayments And Other Current Assets Net
Prepayments and other current assets, net
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible assets, net
Payables and Accruals [Abstract]
Other payables and accrued liabilities
Debt Disclosure [Abstract]
Loans payable
Related Party Transactions [Abstract]
Related party transactions
Income Tax Disclosure [Abstract]
Income taxes
Earnings Per Share [Abstract]
Earnings per share
Equity [Abstract]
Equity
Warrant Liabilities
Warrant liabilities
Risks and Uncertainties [Abstract]
Concentration of risk
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies
Subsequent Events [Abstract]
Subsequent events
Basis of presentation
Principles of Consolidation
Prior Period Reclassification
Emerging Growth Company Status
Use of estimates and assumptions
Foreign currency translation and transactions
Cash and cash equivalents
Accounts receivable, net
Equity method investment
Variable interest entities
Goodwill
Intangible Assets, net
Fair values of financial instruments
Revenue recognition
Advertising costs
Cost of revenue
Operating expenses
Inventory, net
Debt Issuance Costs
Equity offering costs
Segment reporting
Leases
Stock-based Compensation
Income taxes
Commitments and contingencies
Earnings per share
Recently issued accounting pronouncements
Subsequent events
Schedule of estimated useful life
Schedule of impairment charges
Schedule of VIE’s assets and liabilities
Schedule of operating results of the VIE
Schedule of accounts receivable
Schedule of changes in allowance for credit losses on accounts receivable
Schedule of prepayments and other current assets
Schedule of changes in allowance for credit losses on other receivables
Schedule of intangible assets, net
Schedule of amortization expense
Schedule of other payables and accrued liabilities
Schedule of interest expense
Schedule of income tax provision
Schedule of reconciliation of effective income tax expenses rate
Schedule of deferred taxes
Schedule of computation of basic and diluted earnings per share
Schedule of RSU activity
Schedule of lease cost and other information
Schedule of supplemental balance sheet information related to leases
Schedule of maturities of lease liabilities
Intangible Asset, Finite-Lived [Table]
Finite-Lived Intangible Assets [Line Items]
Intangible asset, useful life
Platform Operator, Crypto Asset [Table]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets fair value disclosure
Nature of Operation, Product Information, Concentration of Risk [Table]
Product Information [Line Items]
Translation rate at period end
Translation rate during period
Additional allowance for credit loss
Ownership interest
Goodwill, Fair Value Disclosure
Advertising and promotion costs
Vendor credits
Concentration risk, percentage
Inventory
Equity interest rate
Consolidation, Less-than-Wholly-Owned Subsidiary, Parent Ownership Interest, Effect of Change [Table]
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Effects of Changes, Net [Line Items]
Cash in bank
Prepayments and other receivables
Rent deposit
Office equipment, net
Right of use – noncurrent
Accounts payable
Lease liability
Income tax payable
Other payables and accrued liabilities
Revenue
Net loss after elimination of intercompany transactions
Revenue before consolidation
Net loss before elimination
Accounts receivable
Less: allowance for credit losses
Total accounts receivable
Allowance for credit losses, beginning balance
Allowance for credit losses
Allowance for credit losses, ending balance
Inventory, net
Inventory reserve expense
Allowance for obsolescence
Prepayments and other current assets
Allowance for credit losses
Allowance for credit losses, beginning balance
Allowance recorded during the period ended
Allowance for credit losses, ending balance
Other receivables
Accounts Receivable, Allowance for Credit Loss, Writeoff
Intangible assets, gross
Accumulated amortization
Intangible assets, net
2025
2026
2027
2028
2029
Thereafter
Restructuring Cost [Table]
Restructuring Cost and Reserve [Line Items]
Weighted average remaining life for finite-lived intangible assets
Amortization expense
Accrued payables for inventory in transit
Credit cards payable
Customer deposit
Accrued Amazon fees
Sales taxes payable
Payroll liabilities
Settlement payable
Other accrued liabilities and payables
Total
Accrued interest
Credit utilization fees
Amortization of debt discount
Total
Line of Credit Facility [Table]
Line of Credit Facility [Line Items]
Maturity date
Line of credit maximum borrowing amount
Payments of financing cost
Long-Term Line of Credit
Debt face amount
Note payable fair vallue
Repayment of debt
Interest expense
Amortization of note premium
Promissory note payable
Debt borrowed
Repayment of debt
Interest payable
Note payable, balance
Related Party Transaction [Table]
Related Party Transaction [Line Items]
Principal amount
[custom:DueFromRelatedPartyTransactions-0]
Current:
Federal
State
Foreign
Total current income tax provision
Deferred:
Federal
State
Foreign
Total deferred taxes
Total provision for income taxes
Federal
State (net of federal benefit)
Foreign tax rate difference
Net effect of state income tax deduction and other permanent differences
Effective tax rate
Deferred tax assets
263A calculation
Inventory reserve
State taxes
Accrued expenses
ROU assets / liabilities
Net operating loss
Disallowed interest expense
Stock-based compensation
Valuation allowance
Allowance for credit loss
Total deferred tax assets
Deferred tax liabilities
Depreciation
Intangible assets acquired
Total deferred tax liabilities
Net deferred tax assets
Effective Income Tax Rate Reconciliation [Table]
Effective Income Tax Rate Reconciliation [Line Items]
Effective Income Tax Rate Reconciliation, GILTI, Amount
Prepaid taxes
Valuation allowance
Numerator:
Net loss attributable to iPower Inc.
Denominator:
Weighted-average shares used in computing basic earnings per share
Weighted-average shares used in computing diluted earnings per share
Losses per share of ordinary shares - basic
Losses per share of ordinary shares - diluted
Unissued shares of restricted stock units
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
RSUs granted but not vested, Beginning balance
RSUs granted
Total fair market value of RSUs issued as compensation, RSUs granted
RSUs forfeited
RSUs vested
RSUs granted but not vested, Ending balance
Subsidiary or Equity Method Investee, Sale of Stock, Type [Table]
Subsidiary, Sale of Stock [Line Items]
Preferred stock shares authorized
Number of RSU's granted
Shares issued
Purchase of warrants
Aggregate gross proceeds
Warrants outstanding term
Share price
Compensation fee percentage
Placement agent fees and other direct offering costs
Aggregate offering costs
Warrants fair value
Relative fair value after allocation of shares
Warrant exercise price
Volatility rate
Expected term
Risk free rate of return
Number of share cancellation
Additional paid-in capital
Common Stock, Shares, Outstanding
Number of shares authorized
Number of restricted shares, forfeited
Unvested RSUs
Unamortized expense
Conversion of RSUs vested, shares
Stock issued for RSU's vested
Stock to be issued for RSU's vested
Cash performance bonus
Options, grants in period
Exercise price
Dividend yield
Options vested
Stock options granted
Exercise price per share
Stock options term
Stock options vested
Share price
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Period Increase (Decrease)
Warrants outstanding
Concentration Risk [Table]
Concentration Risk [Line Items]
Cash and cash equivalents
Cash, uninsured amount
Operating lease cost
Cash paid for amounts included in the measurement of lease liabilities
Remaining term in years
Average discount rate - operating leases
Right of use asset - non-current
Lease Liability – current
Lease Liability - non-current
Total operating lease liabilities
2025
2026
2027
2028
Less: Imputed interest/present value discount
Present value of lease liabilities
Offsetting Assets [Table]
Offsetting Assets [Line Items]
Total commitment of term lease
Settlement payment
Outstanding balance of settlement amount
Pledged shares
Total number of pledged shares
Number of shares returned
Vendor Credit
Assets, Current
Assets, Noncurrent
Assets
Liabilities, Current
Liabilities, Noncurrent
Liabilities
Equity, Including Portion Attributable to Noncontrolling Interest
Liabilities and Equity
Gross Profit
Operating Expenses
Operating Income (Loss)
Nonoperating Income (Expense)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
Income Tax Expense (Benefit)
Net Income (Loss) Attributable to Noncontrolling Interest
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Shares, Outstanding
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax
Unrealized Gain on Foreign Currency Derivatives, before Tax
Increase (Decrease) in Accounts Receivable
Increase (Decrease) in Inventories
Increase (Decrease) in Deferred Income Taxes
Increase (Decrease) in Prepaid Expense and Other Assets
IncreaseDecreaseInNoncurrentPrepayments
Increase (Decrease) in Other Noncurrent Assets
Increase (Decrease) in Other Accounts Payable and Accrued Liabilities
Increase (Decrease) in Accrued Taxes Payable
Net Cash Provided by (Used in) Operating Activities
Payments to Develop Software
Net Cash Provided by (Used in) Investing Activities
Payments of Offering Cost Settlement
PaymentsOnShorttermLoansRelatedParty
Repayments of Notes Payable
Repayments of Lines of Credit
Net Cash Provided by (Used in) Financing Activities
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
Forgone Recovery, Individual Name
Outstanding Recovery, Individual Name
Awards Close in Time to MNPI Disclosures, Individual Name
Trading Arrangement, Individual Name
JointVenturesDisclosureTextBlock
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
Inventory Disclosure [Text Block]
PrepaymentsAndOtherAssetsNetDisclosureTextBlock
Intangible Assets Disclosure [Text Block]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
Receivable [Policy Text Block]
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]
Income Tax, Policy [Policy Text Block]
Commitments and Contingencies, Policy [Policy Text Block]
Earnings Per Share, Policy [Policy Text Block]
Subsequent Events, Policy [Policy Text Block]
Accounts Payable and Other Accrued Liabilities
Accounts Receivable, Allowance for Credit Loss, Current
Allowance for Doubtful Accounts, Premiums and Other Receivables
Accounts and Financing Receivable, Allowance for Credit Loss
Finite-Lived Intangible Assets, Accumulated Amortization
Finite-Lived Intangible Assets, Net
Debt Instrument, Repaid, Principal
Current Income Tax Expense (Benefit)
Deferred Federal Income Tax Expense (Benefit)
Deferred State and Local Income Tax Expense (Benefit)
Deferred Foreign Income Tax Expense (Benefit)
Deferred Income Tax Expense (Benefit)
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent
Deferred Tax Assets, Inventory
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost
Deferred Tax Assets, Valuation Allowance
Deferred Tax Assets, Gross
Deferred Tax Liabilities, Property, Plant and Equipment
Deferred Tax Liabilities, Other Finite-Lived Assets
Deferred Tax Liabilities, Gross
NetDeferredTaxAssets
Share-Based Compensation Arrangement by Share-Based Payment Award, Non-Option Equity Instruments, Outstanding, Number
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Exercise Price
Cash and Cash Equivalents, at Carrying Value
Lessee, Operating Lease, Liability, to be Paid, Next Rolling 12 Months
Lessee, Operating Lease, Liability, to be Paid, Rolling Year Two
Lessee, Operating Lease, Liability, to be Paid, Rolling Year Three
Lessee, Operating Lease, Liability, to be Paid, Rolling Year Four
Lessee, Operating Lease, Liability, Undiscounted Excess Amount