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COMMITMENTS AND CONTINGENCIES (Tables)
3 Months Ended
Sep. 30, 2020
COMMITMENTS AND CONTINGENCIES [Abstract]  
Balance Sheet Classifications of Leases
As of September 30, 2020, the Company’s balance sheet classifications of its leases are as follows:
Operating Leases:
   
Noncurrent operating lease ROU assets
 
$
475,113
 
 
    
Current operating lease liabilities
 
$
626,763
 
Noncurrent operating lease liabilities
  
51,190
 
Total operating lease liabilities
 
$
677,953
 
Remaining Future Payments Under Operating Leases
As of September 30, 2020, the Company’s remaining future payments under operating leases for each fiscal year ending June 30 are as follows:

2021
 
$
482,615
 
2022
  
219,723
 
Total lease payments
  
702,338
 
Less: imputed interest
  
24,385
 
Present value of lease payments
  
677,953
 
Less: current lease obligations
  
626,763
 
Total long-term lease obligations
 
$
51,190