Annual report pursuant to Section 13 and 15(d)

Other Long Term Assets (Details Narrative)

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Other Long Term Assets (Details Narrative)
12 Months Ended
Jun. 30, 2016
USD ($)
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Qualified financing, description In connection with the investment, the Company and NetSol PK received a warrant to purchase preferred stock which included the following key terms and features:
Expiration date of warrant Mar. 02, 2020
Value of qualified financing $ 2,000,000
Number of common stock shares issuable upon the exercise of warrant $ 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 to the Qualified Financing $ 25,000,000