XML 62 R49.htm IDEA: XBRL DOCUMENT v3.20.4
Leases (Details 1) - USD ($)
6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Jun. 30, 2020
Assets      
Operating lease assets $ 1,389,428   $ 1,220,430
Finance lease assets [1] 571,811   666,519
Total lease assets 1,961,239   1,886,949
Liabilities      
Operating leases, current 843,533   765,422
Short-term leases, current [2] 0   97,665
Finance leases, current 274,112   278,040
Operating leases, noncurrent 891,849   887,766
Finance leases, noncurrent 147,031   279,435
Total lease liabilities $ 2,156,525   $ 2,308,328
Weighted average remaining lease term (in years), operating leases 2 years 8 months 12 days    
Weighted average remaining lease term (in years), finance leases 1 year 8 months 12 days    
Weighted average discount rate, operating leases 4.50%    
Weighted average discount rate, finance leases 7.90%    
Operating cash used for operating leases $ 427,215 $ 386,661  
Operating cash used for finance leases 24,256 42,970  
Financing cash used for finance leases $ 136,332 $ 210,225  
[1] Finance lease assets were recorded net of accumulated depreciation of approximately $1.1 million as of December 31, 2020, and $1.0 million as of June 30, 2020.
[2] Represents accrual related to the lease of a manufacturing and office facility in Irvington, New York, which we ceased use of as of June 30, 2019 as the relocation of the operations formerly housed in this facility was complete. All remaining lease payments were accrued as of that date, through the lease expiration in August 2020.