IMPAIRMENT OF GOODWILL AND LONG-LIVED ASSETS	3 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
IMPAIRMENT OF GOODWILL AND LONG-LIVED ASSETS	NOTE 5. IMPAIRMENT OF GOODWILL AND LONG-LIVED ASSETS PulpoAR, LLC (“Pulpo”) The assets of Pulpo were acquired by the Company in May 2022. Pulpo has not and is not expected to meet any future revenue performance milestones as defined in the asset acquisition agreement. In addition, Pulpo has generated negative cash flows and is expected to continue doing so for the foreseeable future, and its business has become less strategically aligned with the Company’s current focus. As a result, as of September 30, 2023, a decision was made by the Company to work towards a divestiture of the operations of its wholly owned subsidiary Pulpo. Accordingly, the fair value of intangible assets, including goodwill, originally recorded at the time of the purchase, were determined to be to be zero as of September 30, 2023. The net assets of $0.89 million (consisting of intangible assets - technology with net book value of $0.51 million and goodwill of $0.38 million) were written-off and were included in intangible asset impairment on the consolidated statement of operations for the three months ended September 30, 2023. For the three months ended September 30, 2023 and 2022, Pulpo had revenue was $0.08 million and $0.07 million, respectively and net losses of $0.26 million and $0.26 million, respectively (exclusive of the intangible asset impairment write-off), reported in the consolidated statements of operations. The divestiture will not have a material impact on the Company’s operations or financial results.

IMPAIRMENT OF GOODWILL AND LONG-LIVED ASSETS

3 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

IMPAIRMENT OF GOODWILL AND LONG-LIVED ASSETS

NOTE 5. IMPAIRMENT OF GOODWILL AND LONG-LIVED ASSETS

PulpoAR, LLC (“Pulpo”)

The assets of Pulpo were acquired by the Company in May 2022. Pulpo has not and is not expected to meet any future revenue performance milestones as defined in the asset acquisition agreement. In addition, Pulpo has generated negative cash flows and is expected to continue doing so for the foreseeable future, and its business has become less strategically aligned with the Company’s current focus. As a result, as of September 30, 2023, a decision was made by the Company to work towards a divestiture of the operations of its wholly owned subsidiary Pulpo.

Accordingly, the fair value of intangible assets, including goodwill, originally recorded at the time of the purchase, were determined to be to be zero as of September 30, 2023. The net assets of $0.89 million (consisting of intangible assets - technology with net book value of $0.51 million and goodwill of $0.38 million) were written-off and were included in intangible asset impairment on the consolidated statement of operations for the three months ended September 30, 2023.

For the three months ended September 30, 2023 and 2022, Pulpo had revenue was $0.08 million and $0.07 million, respectively and net losses of $0.26 million and $0.26 million, respectively (exclusive of the intangible asset impairment write-off), reported in the consolidated statements of operations. The divestiture will not have a material impact on the Company’s operations or financial results.