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v3.21.1

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Mar. 31, 2021 | Mar. 31, 2020 | Sep. 30, 2019 | Dec. 31, 2020
Product Information [Line Items] |  |  |  |
Effective tax rate | 0.00% | 11.00% |  |
Stock-Based Compensation [Member] |  |  |  |
Stock-Based Compensation Assumptions |  |  |  |
Risk-free interest rate |  |  | 1.38% |
Expected term |  |  | 3 years |
Expected volatility |  |  | 38.00% |
Expected dividend |  |  | 0.00% |
Measurement Input, Price Volatility [Member] | Embedded Derivative [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 25% |  |  |
Measurement Input, Price Volatility [Member] | Black Scholes Model [Member] | Series A Warrants [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 30% |  |  |
Measurement Input, Price Volatility [Member] | Monte Carlo Method [Member] | Restricted Stock Units [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 38% |  |  |
Measurement Input, Price Volatility [Member] | Monte Carlo Method [Member] | Series B Warrants [Member] | Warrant Price $5.25 per share [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 30% |  |  |
Measurement Input, Price Volatility [Member] | Monte Carlo Method [Member] | Series B Warrants [Member] | Warrant Price $3.65 per share [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 30% |  |  |
Measurement Input, Risk Free Interest Rate [Member] | Embedded Derivative [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 1.3% |  |  |
Measurement Input, Risk Free Interest Rate [Member] | Black Scholes Model [Member] | Series A Warrants [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 1.29% |  |  |
Measurement Input, Risk Free Interest Rate [Member] | Monte Carlo Method [Member] | Restricted Stock Units [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 1.38% |  |  |
Measurement Input, Risk Free Interest Rate [Member] | Monte Carlo Method [Member] | Series B Warrants [Member] | Warrant Price $5.25 per share [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 1.31% |  |  |
Measurement Input, Risk Free Interest Rate [Member] | Monte Carlo Method [Member] | Series B Warrants [Member] | Warrant Price $3.65 per share [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 0.11% |  |  |
Measurement Input, Expected Term [Member] | Black Scholes Model [Member] | Series A Warrants [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 6.54 years |  |  |
Measurement Input, Expected Term [Member] | Monte Carlo Method [Member] | Restricted Stock Units [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 3.00 years |  |  |
Measurement Input, Expected Term [Member] | Monte Carlo Method [Member] | Series B Warrants [Member] | Warrant Price $5.25 per share [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 6.63 years |  |  |
Measurement Input, Expected Term [Member] | Monte Carlo Method [Member] | Series B Warrants [Member] | Warrant Price $3.65 per share [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 1.4 years |  |  |
Measurement Input, Expected Dividend Rate [Member] | Embedded Derivative [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 0% |  |  |
Measurement Input, Expected Dividend Rate [Member] | Black Scholes Model [Member] | Series A Warrants [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 0% |  |  |
Measurement Input, Expected Dividend Rate [Member] | Monte Carlo Method [Member] | Restricted Stock Units [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 0% |  |  |
Measurement Input, Expected Dividend Rate [Member] | Monte Carlo Method [Member] | Series B Warrants [Member] | Warrant Price $5.25 per share [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 0% |  |  |
Measurement Input, Expected Dividend Rate [Member] | Monte Carlo Method [Member] | Series B Warrants [Member] | Warrant Price $3.65 per share [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 0% |  |  |
Measurement Input, Discount Rate [Member] | Embedded Derivative [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Assumptions used for derivatives | 8.8% |  |  |
Revenue Benchmark [Member] | One Licensee [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Concentration risk percentage | 61.00% | 52.00% |  |
Revenue Benchmark [Member] | One Licensee 2 [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Concentration risk percentage | 9.00% | 33.00% |  |
Revenue Benchmark [Member] | One Licensee 3 [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Concentration risk percentage | 8.00% | 9.00% |  |
Revenue Benchmark [Member] | One Licensee 4 [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Concentration risk percentage | 8.00% |  |  |
Revenue Benchmark [Member] | One Licensee 5 [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Concentration risk percentage | 8.00% |  |  |
Revenue Benchmark [Member] | Foreign Licensee [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Concentration risk percentage | 90.00% | 4.00% |  |
Accounts Receivable [Member] | One Licensee [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Concentration risk percentage | 68.00% |  |  | 62.00%
Accounts Receivable [Member] | One Licensee 2 [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Concentration risk percentage | 11.00% |  |  | 21.00%
Accounts Receivable [Member] | One Licensee 3 [Member] |  |  |  |
Product Information [Line Items] |  |  |  |
Concentration risk percentage | 10.00% |  |  |

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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(ii) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
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