v3.20.4
Contract Balances
6 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Contract Balances

Note 2 - Contract Balances

 Contract assets and contract liabilities are as follows:

 

December 31, 2020

 

June 30, 2020

Contract assets

$    756,800

 

 $              -

Contract liabilities

892,752

 

463,961


For the three and six months ended December 31, 2020, the Company recognized $445,136 and $500,075 of revenue that was included in contract liabilities as of June 30, 2020.