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Note 9 - Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2018
Income Tax Disclosure [Abstract] |
Schedule of Deferred Tax Assets and Liabilities |
|  | Year Ended June 30, |
|  | 2018 |  |  | 2017 |
Deferred Tax Assets: |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 7,333,000 |  |  | $ | 8,126,000 |
Stock compensation |  |  | 1,160,000 |  |  |  | 1,646,000 |
Other, net |  |  | 96,000 |  |  |  | 155,000 |
Net deferred tax assets |  |  | 8,589,000 |  |  |  | 9,927,000 |
Valuation allowance for deferred tax assets |  |  | (8,589,000 | ) |  |  | (9,927,000 | )
Net deferred tax assets |  | $ | - |  |  | $ | - |
Schedule of Effective Income Tax Rate Reconciliation |
|  | Year Ended June 30, |
|  | 2018 |  |  | 2017 |
Federal income taxes at 21% and 34%, respectively |  | $ | (1,915,000 | ) |  | $ | (1,508,000 | )
State income taxes, net |  |  | (446,000 | ) |  |  | (392,000 | )
Permanent differences and other |  |  | 345,000 |  |  |  | 83,000 |
Change in the estimated fair market value of derivatives |  |  | - |  |  |  | 6,000 |
Other true ups, if any |  |  | (206,000 | ) |  |  | (9,000 | )
Change in federal tax rate |  |  | 3,560,000 |  |  |  | - |
Change in valuation allowance |  |  | (1,338,000 | ) |  |  | 1,820,000 |
Provision for income taxes |  | $ | - |  |  | $ | - |

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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
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