XML 34 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]      
REVENUE $ 6,783,957
COST OF REVENUE 4,139,251
GROSS PROFIT 2,644,706
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (5,664,675) (1,598,984) (2,065,829)
RESEARCH AND DEVELOPMENT EXPENSES (817,794) (120,000)
STOCK COMPENSATION EXPENSE (5,717,900) (3,444,617) (4,592,200)
IMPAIRMENT LOSS OF LONG-LIVED ASSETS (99,943)    
LOSS FROM OPERATIONS (9,655,606) (5,163,601) (6,658,029)
OTHER INCOME (EXPENSE), NET      
Other income, net 31,083
Interest income 136 84
Finance expense (14,226) (5,041) (1,477)
TOTAL OTHER INCOME (EXPENSE), NET 16,993 (5,041) (1,393)
LOSS BEFORE PROVISION FOR INCOME TAXES (9,638,613) (5,168,642) (6,659,422)
PROVISION FOR INCOME TAXES
LOSS FROM CONTINUING OPERATIONS (9,638,613) (5,168,642) (6,659,422)
DISCONTINUED OPERATIONS:      
Loss from discontinued operations, net of applicable income taxes (12,245,168) (7,729,108)
Net gain on sale of discontinued operations, net of applicable income taxes 1,400,100 5,787,213
GAIN/(LOSS) FROM DISCONTINUED OPERATIONS 1,400,100 (6,457,955) (7,729,108)
NET LOSS (8,238,513) (11,626,597) (14,388,530)
COMPREHENSIVE LOSS      
Net loss (8,238,513) (11,626,597) (14,388,530)
Other comprehensive loss - foreign currency translation loss (335,080)
COMPREHENSIVE LOSS $ (8,238,513) $ (11,626,597) $ (14,723,610)
LOSS PER ORDINARY SHARE      
Basic (in Shares) 68,095,471 11,640,018 5,841,614
Diluted (in Shares) 68,095,471 11,640,018 5,841,614
Loss per share - basic and diluted      
Continuing operations (in Dollars per share) $ (0.14) $ (0.44) $ (1.14)
Discontinued operations (in Dollars per share) 0.02 (0.55) (1.32)
Total (in Dollars per share) $ (0.12) $ (0.99) $ (2.46)