Other Long Term Assets (Details Narrative) - USD ($) |
12 Months Ended | |
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Jun. 30, 2017 |
Jun. 30, 2016 |
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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: | |
Expiration date of warrant | Mar. 02, 2020 | |
Proceeds from 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 | |
Services-related party | $ 7,632,774 | $ 10,867,792 |
Services | 24,798,899 | 30,037,459 |
Revenue in excess of billing | 80,705 | 86,385 |
Impairment charges | ||
NetSol PK [Member] | ||
Services-related party | 1,225,434 | 250,770 |
Services | 1,231,115 | $ 164,794 |
Services requirement | $ 550,000 |
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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 Revenue in excess of billing. No definition available.
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- Definition Expiration date of warrant. No definition available.
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- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow associated with the amount received from entity's raising of capital via private rather than public placement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash inflow from issuance of rights to purchase common shares at predetermined price (usually issued together with corporate debt). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of cash outflow for the payment of debt classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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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://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue during the period from services rendered in the normal course of business, after deducting allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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