Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.20.2
Commitments and Contingencies (Tables)
12 Months Ended
Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Right Use of Asset

ROU is summarized below:

 

    June 30, 2020  
Office lease ROU   $ 48,662  
Less accumulated reduction     (26,980 )
Balance of ROU asset as of June 30, 2020   $ 21,682  
Schedule of Operating Lease Liability

Operating lease liability related to the ROU asset is summarized below:

 

    June 30, 2020  
Office lease liability   $ 48,662  
Reduction of lease liability     (23,590 )
Total   $ 25,072  
Schedule of Future Minimum Rental Payments for Operating Leases

Future Minimum lease payments under non-cancelable operating lease at June 30, 2020 are as follows:

 

Fiscal Year 2021   $ 25,700  
Imputed interest     (628 )
Total operating lease liability   $ 25,072