Gain from Sale of Discontinued Operations (Reprints and ePrints business line)	12 Months Ended
Jun. 30, 2021
Gain from Sale of Discontinued Operations (Reprints and ePrints business line)
Gain from Sale of Discontinued Operations (Reprints and ePrints business line)	Note 9. Gain from Sale of Discontinued Operations (Reprints and ePrints business line) On June 30, 2017, we sold the intangible assets of our Reprints and ePrints business line, but specifically excluding billed accounts receivable and respective liabilities, pursuant to an Asset Purchase Agreement dated June 20, 2017. The aggregate net consideration for the sale is comprised of $450,000 paid on the closing date, and earn-out payments of 45% of gross margin over the 30 month period subsequent to the closing date. We have made a policy election to record the contingent consideration when the consideration is determined to be realizable, which amounted to $117,445 and $214,737 for the years ended June 30, 2020 and 2019, respectively. As of June 30, 2020, no further consideration will be due.

Gain from Sale of Discontinued Operations (Reprints and ePrints business line)

12 Months Ended

Jun. 30, 2021

Gain from Sale of Discontinued Operations (Reprints and ePrints business line)

Gain from Sale of Discontinued Operations (Reprints and ePrints business line)

Note 9. Gain from Sale of Discontinued Operations (Reprints and ePrints business line)

On June 30, 2017, we sold the intangible assets of our Reprints and ePrints business line, but specifically excluding billed accounts receivable and respective liabilities, pursuant to an Asset Purchase Agreement dated June 20, 2017. The aggregate net consideration for the sale is comprised of $450,000 paid on the closing date, and earn-out payments of 45% of gross margin over the 30 month period subsequent to the closing date. We have made a policy election to record the contingent consideration when the consideration is determined to be realizable, which amounted to $117,445 and $214,737 for the years ended June 30, 2020 and 2019, respectively. As of June 30, 2020, no further consideration will be due.