XML 40 R28.htm IDEA: XBRL DOCUMENT v3.19.1
Other Assets (Tables)
 9 Months Ended
Mar. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of other assets
As of March 31, 2019 and June 30, 2018, other assets consisted of the following:
 
March 31,
2019
 
June 30,
2018
Royalty rights
$
108,512

 
$
108,512

Less: Accumulated amortization of royalty rights
(44,083
)
 
(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
(138,138
)
 
(126,771
)
Software license
20,662

 
20,662

Less: Accumulated amortization of software license
(4,485
)
 
(1,380
)
Other assets, net
$
220,190

 
$
244,835