v3.20.4

Prepaid Expenses and Other Current Assets (Tables)

6 Months Ended

Dec. 31, 2020

Prepaid Expense and Other Assets [Abstract]

Schedule of prepaid expenses and other current assets

		December 31, 2020				June 30, 2020
Security deposit		$	254,895			$	156,023
Prepaid software development			300,000				1,200,000
Prepaid insurance			99,671				-
Prepayment for inventory from Heqin			-				101,252
Other receivables - Heqin			563,993				522,636
Others			59,680				76,572
Total		$	1,278,239			$	2,056,483

X

- Definition

Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.17)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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X

- References

No definition available.

+ Details

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