Intangible Assets (Details Narrative) - USD ($) |
12 Months Ended | |
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Jun. 30, 2021 |
Jun. 30, 2020 |
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Intangible assets, net | $ 3,904,656 | $ 5,391,077 |
Product Licenses [Member] | ||
Intangible assets, net | $ 3,904,656 | |
Finite-lived intangible assets, amortization over period | 2 years 2 months 30 days | |
Amortization expenses of intangible assets | $ 1,807,736 | $ 1,828,314 |
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Remaining amortization period of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Details
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