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Intangible Assets (Tables) | 12 Months Ended
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Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets | Intangible assets consisted of the following:
|  | As of June 30, |  |  | As of June 30, |
|  | 2019 |  |  | 2018 |
Product Licenses - Cost |  | $ | 47,244,997 |  |  | $ | 47,244,997 |
Effect of Translation Adjustment |  |  | (15,343,727 | ) |  |  | (7,857,270 | )
Accumulated Amortization |  |  | (24,568,320 | ) |  |  | (27,140,531 | )
Net Balance |  | $ | 7,332,950 |  |  | $ | 12,247,196 |
Estimated Amortization Expense of Intangible Assets Over Next Five Years | Estimated amortization expense of intangible assets over the next five years is as follows:
Year ended: |  |  |
June 30, 2020 |  | $ | 1,783,775 |
June 30, 2021 |  |  | 1,783,775 |
June 30, 2022 |  |  | 1,783,775 |
June 30, 2023 |  |  | 1,783,775 |
June 30, 2024 |  |  | 197,850 |
|  | $ | 7,332,950 |

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