XML 44 R21.htm IDEA: XBRL DOCUMENT
v3.19.2

Income Taxes (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2018
Income Tax Disclosure [Abstract] |
Schedule of gross amounts of deferred tax assets and deferred tax liabilities |
|  | June 30, 2018 |  | June 30, 2017
Deferred tax assets: |  |  |  |  |  |  |  |
Tax loss carryforward |  | $ | 5,55,064 |  |  | $ | 4,46,071 |
Intangible assets |  |  | 19,277 |  |  |  | 3,735 |
Stock based compensation |  |  | 2,57,845 |  |  |  | 25,149 |
Valuation Allowance |  |  | (8,32,186 | ) |  |  | (4,74,955 | )
Net deferred tax assets |  | $ | — |  |  | $ | — |
Reconciliation of the federal statutory income tax rate to income tax expense expense | Reconciliation of the differences between income tax benefit computed at the federal and state statutory tax rates and the provision for income tax benefit for the years ended June 30, 2018 and 2017 is as follows:
|  | 2018 |  | 2017
Income tax expense (benefit) at federal statutory rate |  |  | 34 | % |  |  | 34 | %
State taxes, net of federal benefit |  |  | 5 | % |  |  | 5 | %
Change in valuation allowance |  |  | -39 | % |  |  | -39 | %
|  |  | — |  |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration