Other Long Term Assets (Details Narrative) - USD ($) |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Dec. 31, 2017 |
Dec. 31, 2016 |
Dec. 31, 2017 |
Dec. 31, 2016 |
Jun. 30, 2017 |
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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 amount | $ 1,250,000 | ||||
Percentage of per share price of next round preferred stock sold in qualified financing | 70.00% | 70.00% | |||
Number of shares of common stock outstanding immediately prior the qualified financing | 25,000,000 | 25,000,000 | |||
Services-related party | $ 1,236,508 | $ 1,829,827 | $ 3,090,385 | $ 3,994,981 | |
Accounts receivable | 39,322 | 39,322 | $ 49,646 | ||
Revenue in excess of billing | 107,562 | 107,562 | $ 80,705 | ||
Services | 9,087,191 | 6,619,158 | 16,104,928 | 12,175,293 | |
Net income (loss) | 634,421 | (2,168,394) | 264,923 | (2,554,505) | |
NetSol PK [Member] | |||||
Services-related party | 315,408 | 300,963 | 583,708 | 549,621 | |
Services | 285,378 | $ 300,963 | 553,678 | $ 549,621 | |
Net income (loss) | $ 203,336 | $ 270,898 |
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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 For an unclassified balance sheet, the amount due from customers or clients for goods or services that have been delivered or sold in the normal course of business, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. 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 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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