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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	%
			—				—

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- References

No definition available.

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- 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

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- 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

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