Income Taxes (Details Narrative) - USD ($) |
12 Months Ended | |
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Jun. 30, 2019 |
Jun. 30, 2018 |
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Increase in valuation allowance | $ 64,901 | |
Operating loss carryforward expiration date | expire in 2020 | |
Net operating loss | $ 6,827,912 | $ 3,054,911 |
Unrecognized tax benefits related to various federal and state income tax matters | ||
Undistributed earnings of foreign subsidiaries | $ 25,451,770 | |
Income tax holiday, termination date | Income from the export of computer software and its related services developed in Pakistan is exempt from tax through June 30, 2025. | |
Aggregate effect of income tax holiday | $ 2,147,473 | $ 2,771,078 |
Income tax basic earnings per share | $ 0.19 | |
Income tax diluted earnings per share | $ 0.18 | |
Income tax basic and diluted earnings per share | $ 0.25 | |
Foreign Entities [Member] | ||
Net operating loss | $ 1,650,165 | |
USA [Member] | Federal [Member] | ||
Operating loss carryforwards | 29,097,662 | |
USA [Member] | State [Member] | ||
Operating loss carryforwards | $ 5,483,258 |
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- Definition Income tax basic earnings per share. No definition available.
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- Definition Income tax diluted earnings per share. No definition available.
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- Definition Operating loss carryforward expiration date. No definition available.
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- Definition The amount of income taxes from which a reporting entity is exempt or for which it will receive a reduction in income taxes as a result of the income tax holiday granted by the taxing jurisdiction. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per share amount effect of the income tax benefit resulting from the income tax holidays granted by taxing jurisdictions. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The date on which the special tax status will terminate. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of undistributed earnings of foreign subsidiaries intended to be permanently reinvested outside the country of domicile. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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