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v3.22.2.2

Property and Equipment | 12 Months Ended
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Jun. 30, 2022
Property, Plant and Equipment [Abstract] |
Property and Equipment | Note 3 - Property and Equipment Property and equipment are summarized as follows:
|  | For the Years Ended June 30, |
|  | 2022 |  |  | 2021 |
Furniture and fixtures |  | $ | 36,960 |  |  | $ | 36,960 |
Computer equipment |  |  | 117,094 |  |  |  | 100,519 |
Total cost |  |  | 154,054 |  |  |  | 137,479 |
Less accumulated depreciation |  |  | (66,864 | ) |  |  | (36,889 | )
Closing balance |  | $ | 87,190 |  |  | $ | 100,590 |
Depreciation expense for the years ended June 30, 2022 and 2021 was $29,975 and $18,145, respectively and included as part of “General and administrative expenses” in the Statements of Operations.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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