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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
SCHEDULE OF COMPONENTS OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH

The components of cash, cash equivalents and restricted cash on the consolidated statements of cash flows as of December 31, 2022 and 2021 are as follows:

 

           
   As of December 31, 2022   As of December 31, 2021 
Cash and cash equivalents  $7,204,722   $24,828,043 
Restricted cash   2,000,000    - 
Total  $9,204,722   $24,828,043 
SCHEDULE OF TIMING REVENUE RECOGNITION

The timing of revenue recognition for the three and six months ended December 31, 2022 and 2021 was as follows:

 

                     
   For the Three Months Ended   For the Six Months Ended 
   December 31,   December 31, 
   2022   2021   2022   2021 
Products and services transferred at a point in time  $2,193,055   $1,634,998   $5,190,003   $2,590,749 
Products and services transferred/recognized over time   757,492    55,004    1,711,568    121,786 
Total Revenue  $2,950,547   $1,690,002   $6,901,571   $2,712,535