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Provision for Income Taxes (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2021 | Jun. 30, 2020
Income Tax Disclosure [Abstract] |  |
Schedule of Deferred Tax Assets | The Company’s deferred tax assets as of March 31, 2021 and 2020 consist of the following:
|  | As of March 31, |  |  | As of March 31, |
|  | 2021 |  |  | 2020 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net-operating loss carryforward |  | $ | 3,204,726 |  |  | $ | 2,552,860 |
Stock-based compensation |  |  | 536,865 |  |  |  | 334,246 |
Total Deferred Tax Assets |  |  | 3,741,591 |  |  |  | 2,887,106 |
Valuation allowance |  |  | (3,741,591 | ) |  |  | (2,887,106 | )
Deferred Tax Asset, Net |  | $ | - |  |  | $ | - |
| The Company’s deferred tax assets as of June 30, 2020 and 2019 consist of the following:
|  | As of June 30, |  |  | As of June 30, |
|  | 2020 |  |  | 2019 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net-operating loss carryforward |  | $ | 2,811,156 |  |  | $ | 1,917,702 |
Stock-based compensation |  |  | 348,013 |  |  |  | 241,360 |
Total Deferred Tax Assets |  |  | 3,159,169 |  |  |  | 2,159,062 |
Valuation allowance |  |  | (3,159,169 | ) |  |  | (2,159,062 | )
Deferred Tax Asset, Net |  | $ | - |  |  | $ | - |
Schedule of Expected Tax Expense (Benefit) Based on US Federal Statutory Rate | The expected tax expense (benefit) based on the U.S. federal statutory rate is reconciled with actual tax expense (benefit) as follows:
|  | For the Nine Months Ended |  |  | For the Nine Months Ended |
|  | March 31, 2021 |  |  | March 31, 2020 |
Statutory Federal Income Tax Rate |  |  | (21.00 | )% |  |  | (21.00 | )%
State and Local Taxes, Net of Federal Tax Benefit |  |  | (13.56 | )% |  |  | (13.56 | )%
Stock Based Compensation Expense (ISO) |  |  | 19.00 | % |  |  | 14.10 | %
Change in Valuation Allowance |  |  | 15.56 | % |  |  | 20.46 | %
Income Taxes Provision (Benefit) |  |  | 0.00 |  |  |  | 0.00 |
| The expected tax expense (benefit) based on the U.S. federal statutory rate is reconciled with actual tax expense (benefit) as follows:
|  | For the year ended |  |  | For the year ended |
|  | June 30, |  |  | June 30, |
|  | 2020 |  |  | 2019 |
Statutory Federal Income Tax Rate |  |  | (21.00 | )% |  |  | (21.00 | )%
State and Local Taxes, Net of Federal Tax Benefit |  |  | (13.56 | )% |  |  | (13.56 | )%
Stock Based Compensation Expense (ISO) |  |  | 14.50 | % |  |  | 12.60 | %
Change in Valuation Allowance |  |  | 20.06 | % |  |  | 21.96 | %
Income Taxes Provision (Benefit) |  |  | 0.00 |  |  |  | 0.00 |

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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=121826272&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=121826272&loc=d3e32687-109319 + Details
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