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Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 9,311,556 $ 5,353,090
Accounts receivable, net of allowance of $88,485 and $100,175, respectively 4,449,260 4,493,169
Prepaid expenses and other current assets 241,747 323,591
Prepaid royalties 720,367 0
Total current assets 14,722,930 10,169,850
Other assets:    
Property and equipment, net of accumulated depreciation of $804,999 and $789,788, respectively 11,276 36,828
Deposits and other assets 6,155 14,406
Right of use asset, net of accumulated amortization of $390,691 and $270,777, respectively 72,331 192,245
Total assets 14,812,692 10,413,329
Current liabilities:    
Accounts payable and accrued expenses 6,349,845 4,862,895
Deferred revenue 3,524,507 2,310,206
Lease liability, current portion 79,326 129,187
Total current liabilities 9,953,678 7,302,288
Long-term liabilities:    
Lease liability, long-term portion 0 79,326
Total liabilities 9,953,678 7,381,614
Commitments and contingencies
Stockholders' equity:    
Preferred stock; $0.001 par value; 20,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock; $0.001 par value; 100,000,000 shares authorized; 26,032,263 and 24,375,948 shares issued and outstanding, respectively 26,032 24,376
Additional paid-in capital 26,134,819 23,631,481
Accumulated deficit (21,176,799) (20,514,557)
Accumulated other comprehensive loss (125,038) (109,585)
Total stockholders' equity 4,859,014 3,031,715
Total liabilities and stockholders' equity $ 14,812,692 $ 10,413,329