XML 62 R33.htm IDEA: XBRL DOCUMENT v3.19.2
Other Assets (Tables)
 12 Months Ended
Jun. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of other assets
As of June 30, 2019 and June 30, 2018 our other assets consisted of the following:
 
June 30,
2019
 
June 30,
2018
Royalty rights
108,512

 
108,512

Less: Accumulated amortization of royalty rights
(47,474
)
 
(33,910
)
Investment in Well Lift Inc., at cost
108,750

 
108,750

Deferred loan costs
168,972

 
168,972

Less: Accumulated amortization of deferred loan costs
(141,927
)
 
(126,771
)
Software license
20,662

 
20,662

Less: Accumulated amortization of software license
(7,462
)
 
(1,380
)
Other assets, net
$
210,033

 
$
244,835