XML 42 R30.htm IDEA: XBRL DOCUMENT v3.20.4
Other Assets (Tables)
6 Months Ended
Dec. 31, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of other assets
 December 31,
2020
June 30,
2020
Royalty rights$108,512 $108,512 
Less: Accumulated amortization of royalty rights(67,820)(61,037)
Investment in Well Lift Inc., at cost108,750 108,750 
Deferred loan costs168,972 168,972 
Less: Accumulated amortization of deferred loan costs(164,661)(157,084)
Right of use asset under operating lease161,125 161,125 
Less: Accumulated amortization of right of use asset(66,784)(43,932)
Net operating loss carryback (Note 11 – Income Taxes)110,942 — 
Software license20,662 20,662 
Less: Accumulated amortization of software license(17,794)(14,350)
Other assets, net$361,904 $291,618