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OTHER ASSETS (Tables)
3 Months Ended 12 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]    
Schedule of Other Currents Assets

Other current assets totaling $318,218 as of September 30, 2021 and $399,524 as of June 30, 2021 are comprised of various components as listed below.

 

Other current assets totaling $399,524 as of June 30, 2021 and $603,944 as of June 30, 2020 are comprised of various components as listed below.

 

OTHER ASSETS
   As of
September 30,
2021
   As of
June 30,
2021
 
Prepaid expenses  $292,777   $373,381 
Other current assets   25,441    26,143 
Total  $318,218   $399,524 
   As of June 30,
2021
   As of June 30,
2020
 
Prepaid expenses  $373,381   $394,473 
Other current assets   26,143    209,471 
Total  $399,524   $603,944 
Investments measured at estimated fair value

Investments measured at estimated fair value consist of the following as of September 30, 2021 and June 30, 2021:

 

All of the Company’s short-term investments are classified as Level 1 assets as of June 30, 2021 and June 30, 2020. Investments measured at estimated fair value consist of the following as of June 30, 2021 and June 30, 2020:

 

OTHER ASSETS (Details 2)
   September 30, 2021 
   Cost   Gross
Unrealized
Gains
   Gross
Unrealized
Losses
   Estimated
Fair Value
 
Money market funds  $1,044,775   $5,378   $   $1,050,153 
Other short-term investments   269,824    1,459        271,283 
Other equities   1,421         (215)   1,206 
Total short-term investments  $1,316,020   $6,837   $(215)  $1,322,642 
                     
   June 30, 2021 
   Cost   Gross
Unrealized
Gains
   Gross
Unrealized
Losses
   Estimated
Fair Value
 
Money market funds  $1,044,748   $5,378   $   $1,050,126 
Other short-term investments   772,981    4,568        777,549 
Other equities   1,421        (170)   1,251 
Total short-term investments  $1,819,150   $9,946   $(170)  $1,828,926 
   As of June 30, 2021 
       Gross   Gross   Estimated 
       Unrealized   Unrealized   Fair 
   Cost   Gains   Losses   Value 
Money market funds  $1,044,748   $5,378   $   $1,050,126 
Other short-term investments   772,981    4,568        777,549 
Other equities   1,421        (170)   1,251 
Total short-term investments  $1,819,150   $9,946   $(170)  $1,828,926