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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Net revenue        
Fund management - related party $ 3,567,702 $ 4,345,234 $ 11,729,689 $ 14,348,806
Net revenue 6,252,244 6,789,936 20,129,560 21,394,690
Cost of revenue 1,637,694 1,447,459 5,233,458 4,173,924
Gross profit 4,614,550 5,342,477 14,896,102 17,220,766
Operating expense        
General & administrative expense 997,321 1,279,509 3,153,638 3,835,759
Fund operations 1,130,070 1,207,562 3,540,458 3,632,571
Marketing and advertising 678,664 1,031,003 2,313,322 2,747,351
Depreciation and amortization 173,387 201,630 523,595 430,740
Salaries and compensation 1,473,004 1,400,331 4,578,376 4,349,771
Total operating expenses 4,452,446 5,120,035 14,109,389 14,996,192
Income from operations 162,104 222,442 786,713 2,224,574
Other (expense) income        
Other (expense) income 1,731 (228,380) (508,543) (262,174)
Interest and dividend income 3,011 102,597 358,425 108,976
Interest expense (7,064) (72,793) (22,436) (86,574)
Total other (expense) income, net (2,322) (198,576) (172,554) (239,772)
Income before income taxes 159,782 23,866 614,159 1,984,802
Provision of income taxes (83,898) (23,087) (189,608) (1,134,422)
Net income $ 75,884 $ 779 $ 424,551 $ 850,380
Weighted average shares of common stock        
Basic (in shares) 34,045,383 29,559,139 31,021,688 29,559,139
Diluted (in shares) 38,298,159 38,298,159 38,298,159 38,298,159
Net income per common share        
Basic income per share (in dollars per share) $ 0 $ 0 $ 0.01 $ 0.03
Diluted income (loss) per share (in dollars per share) $ 0 $ 0 $ 0.01 $ 0.02
Food and Beverage [Member]        
Net revenue        
Revenue $ 1,114,958 $ 1,236,137 $ 3,471,776 $ 3,752,093
Security Alarm Monitoring [Member]        
Net revenue        
Revenue 819,695 553,723 2,378,421 2,527,958
Beauty Products and Other [Member]        
Net revenue        
Revenue $ 749,889 $ 654,842 $ 2,549,674 $ 765,833