XML 49 R41.htm IDEA: XBRL DOCUMENT v3.22.1
Commitments and contingencies (Tables)
9 Months Ended
Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Supplemental Disclosures Related to Operating Lease

 

Nine Months Ended    
March 31, 2022    
Lease Cost     
Operating lease cost (included in general and administration in the Company’s unaudited condensed statement of operations)  $231,694 
      
Other Information     
Cash paid for amounts included in the measurement of lease liabilities for the nine months ended March 31, 2022  $180,398 
Remaining lease term – operating leases (in years)   2.00 
Average discount rate – operating leases   10%
The supplemental balance sheet information related to leases for the periods are as follows:     
      
Operating leases     
Short-term right-of-use assets  $250,032 
Long-term right-of-use assets  $299,229 
Total operating lease assets  $549,261 
      
Short-term operating lease liabilities  $265,335 
Long-term operating lease liabilities  $325,781 
Total operating lease liabilities  $591,116 
Schedule of Maturities of Lease Liabilities

Maturities of the Company’s lease liabilities are as follows:

 

   Operating 
Period ending March 31, 2022  Lease 
2023  $311,926 
2024   171,184 
2025   176,320 
2026   15,096 
Total lease payments   674,526 
      
Less: Imputed interest/present value discount   (83,410)
Present value of lease liabilities  $591,116