Intangible Assets (Details Narrative) - USD ($) |
3 Months Ended | 9 Months Ended | |||
|---|---|---|---|---|---|
Mar. 31, 2021 |
Mar. 31, 2020 |
Mar. 31, 2021 |
Mar. 31, 2020 |
Jun. 30, 2020 |
|
| Intangible assets, net | $ 4,507,155 | $ 4,507,155 | $ 5,391,077 | ||
| Product Licenses [Member] | |||||
| Intangible assets, net | 4,507,155 | $ 4,507,155 | |||
| Finite-lived intangible assets, amortization over period | 2 years 6 months | ||||
| Amortization expenses of intangible assets | $ 455,988 | $ 464,322 | $ 1,338,625 | $ 1,386,092 | |
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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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