2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - USD ($)	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 43,510,422	$ 38,000,171	$ 40,200,324	$ 8,002,668
Accounts receivable	60,265,970	0
Prepaid expenses and other current assets	637,289	513,688
Total current assets	104,413,681	38,513,859
Property and equipment, net	141,539	164,035
Other assets	179,916	338,916
Total assets	104,735,136	39,016,810
Current liabilities:
Accounts payable	504,787	2,223,693
Accrued expenses	2,848,692	2,103,021
Notes payable, net of discount	332,896	5,948,763
Other current liabilities	499,517	487,488
Total current liabilities	4,185,892	10,762,965
Notes payable, net of discount	0	332,898
Deferred revenue	0	500,000
Other non-current liabilities	0	456,038
Total liabilities	4,185,892	12,051,901
Stockholders' equity:
Preferred stock	40	40
Common stock	2,268,154	2,005,542
Additional paid-in capital	394,053,929	357,005,233
Accumulated deficit	(295,772,879)	(332,045,906)
Total stockholders' equity	100,549,244	26,964,909	$ (5,164,644)	$ (17,585,967)
Total liabilities and stockholders' equity	104,735,136	39,016,810
Adjustments
Current assets:
Cash and cash equivalents	0
Accounts receivable	0
Prepaid expenses and other current assets	0
Total current assets	0
Property and equipment, net	0
Other assets	0
Total assets	0
Current liabilities:
Accounts payable	0
Accrued expenses	0
Notes payable, net of discount	0
Other current liabilities	0
Total current liabilities	0
Notes payable, net of discount	0
Deferred revenue	500,000
Other non-current liabilities	0
Total liabilities	500,000
Stockholders' equity:
Preferred stock	0
Common stock	0
Additional paid-in capital	0
Accumulated deficit	(500,000)	500,000
Total stockholders' equity	(500,000)
Total liabilities and stockholders' equity	0
As reported without adoption of ASC Topic 606
Current assets:
Cash and cash equivalents	43,510,422
Accounts receivable	60,265,970
Prepaid expenses and other current assets	637,289
Total current assets	104,413,681
Property and equipment, net	141,539
Other assets	179,916
Total assets	104,735,136
Current liabilities:
Accounts payable	504,787
Accrued expenses	2,848,692
Notes payable, net of discount	332,896
Other current liabilities	499,517
Total current liabilities	4,185,892
Notes payable, net of discount	0
Deferred revenue	500,000
Other non-current liabilities	0
Total liabilities	4,685,892
Stockholders' equity:
Preferred stock	40
Common stock	2,268,154
Additional paid-in capital	394,053,929
Accumulated deficit	(296,272,879)	$ (331,545,906)
Total stockholders' equity	100,049,244
Total liabilities and stockholders' equity	$ 104,735,136