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Other Assets (Tables)
6 Months Ended
Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of other assets
As of December 31, 2019 and June 30, 2019, other assets consisted of the following:
 
December 31,
2019
 
June 30,
2019
Royalty rights
$
108,512

 
$
108,512

Less: Accumulated amortization of royalty rights
(54,256
)
 
(47,474
)
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
(149,505
)
 
(141,927
)
Right of use asset under operating lease
161,125

 

Less: Accumulated amortization of right of use asset
(21,746
)
 

Software license
20,662

 
20,662

Less: Accumulated amortization of software license
(10,906
)
 
(7,462
)
Other assets, net
$
331,608

 
$
210,033