Long Term Investment - Related Party (Details Narrative) - USD ($) |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
May 02, 2019 |
Sep. 02, 2017 |
Mar. 02, 2017 |
Jun. 30, 2019 |
Jun. 30, 2018 |
Jul. 02, 2018 |
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| Share of net loss from equity investment | $ (841,845) | $ (262,556) | ||||
| Payments to acquire investment | 250,000 | 230,000 | ||||
| Revenues in excess of billings - related party | 110,827 | |||||
| NetSol PK [Member] | ||||||
| Revenue from services | 636,731 | 939,749 | ||||
| Share of net loss from equity investment | (838,610) | (262,556) | ||||
| Accounts receivable | 1,020,589 | 473,218 | ||||
| Revenues in excess of billings - related party | 110,827 | |||||
| NetSol PK [Member] | ||||||
| Payments to acquire investment | $ 2,777,778 | |||||
| Purchase of investment, percentage | 12.20% | |||||
| Investment earned | $ 2,777,778 | |||||
| WRLD3D [Member] | ||||||
| Payments for financial interest | $ 1,111,111 | |||||
| Payments to acquire investment | $ 555,555 | $ 555,556 | ||||
| WRLD3D [Member] | NetSol PK [Member] | ||||||
| Qualified financing, description | In connection with the investment, the Company and NetSol PK received a warrant to purchase preferred stock of WRLD3D which included the following key terms and features: The warrants are exercisable into shares of the "Next Round Preferred", only if and when the Next Round Preferred is issued by WRLD3D in a "Qualified Financing". The warrants expire on March 2, 2020. "Next Round Preferred" is defined as occurring if WRLD3D's preferred stock (or securities convertible into preferred stock) are issued in a Qualified Financing that occurs after March 2, 2016. "Qualified Financing" is defined as financing with total proceeds of at least $2 million. The total number of common stock shares to be issued is equal to $1,250,000 divided by the per share price of the Next Round Preferred. The exercise price of the warrants is equal to the greater of 70% of the per share price of the Next Round Preferred sold in a Qualified Financing, or 25,000,000 divided by the total number of shares of common stock outstanding immediately prior to the Qualified Financing (on a fully-diluted basis, excluding the number of common stock shares issuable upon the exercise of any given warrant). | |||||
| Expiration date of warrant | Mar. 02, 2020 | |||||
| Proceeds from qualified financing | $ 2,000,000 | |||||
| Number of common stock shares issuable amount | $ 1,250,000 | |||||
| Percentage of per share price of next round preferred stock sold in qualified financing | 70.00% | |||||
| Number of shares of common stock outstanding immediately prior the qualified financing | 25,000,000 | |||||
| WRLD3D [Member] | ||||||
| Percentage of interest in subsidiary | 4.90% | |||||
| Drivemate Agreement [Member] | Drivemate Co., Ltd. [Member] | ||||||
| Equity interest, percentage | 5.27% | 30.00% | ||||
| Number of shares purchased | 760 | 5,469 | ||||
| Number of shares purchased, value | $ 250,000 | $ 1,800,000 | ||||
| Revenue from services | 245,280 | |||||
| Share of net loss from equity investment | (3,235) | |||||
| Drivemate Agreement [Member] | Drivemate Co., Ltd. [Member] | Final Payment [Member] | ||||||
| Number of shares purchased, value | 250,000 | |||||
| Remaining amount paid in increments | 62,500 | |||||
| Drivemate Agreement [Member] | Drivemate Co., Ltd. [Member] | Services [Member] | ||||||
| Number of shares purchased, value | 1,300,000 | |||||
| Drivemate Agreement [Member] | Drivemate Co., Ltd. [Member] | Cash [Member] | ||||||
| Number of shares purchased, value | $ 500,000 | |||||
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- Definition Costs in excess of billings on uncompleted contracts or programs related party expected to be collected within one year. No definition available.
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- Definition Number of shares of common stock outstanding immediately prior to the Qualified Financing. No definition available.
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- Definition Percentage of per share price of next round preferred stock sold in qualified financing. No definition available.
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- Definition Qualified financing, description. No definition available.
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- Definition Value of equity interests (such as common shares, preferred shares, or partnership interest) issued or issuable to acquire the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Percentage of voting equity interests acquired at the acquisition date in the business combination. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) reported by an equity method investment of the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all investments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow associated with the acquisition of a controlling interest in another entity or an entity that is related to it but not strictly controlled (for example, an unconsolidated subsidiary, affiliate, joint venture or equity method investment). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash outflow associated with the purchase of all investments (debt, security, other) during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from a financial contract that meets the hedge criteria as either cash flow hedge, fair value hedge or hedge of net investment in foreign operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Expiration date of outstanding warrant and right embodying unconditional obligation requiring redemption by transferring asset at specified or determinable date or upon event certain to occur, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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