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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4) | 3 Months Ended
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Sep. 30, 2021 USD ($) $ / shares shares
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES |
Net income attributable to common shareholders | $ | $ 1,435,418
Change in fair value of derivatives | $ | (4,210,526)
Diluted loss attributable to common shareholders | $ | $ (2,775,108)
Basic shares outstanding | shares | 5,127,443
Warrant derivative shares | shares | 3,653,443
Diluted shares outstanding | shares | 8,780,886
Diluted loss per share | $ / shares | $ (0.32)

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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121326447&loc=d3e1337-109256 + Details
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