XML 52 R41.htm IDEA: XBRL DOCUMENT v3.21.1
COMMITMENTS AND CONTINGENCIES, Lease Arrangements (Details)
3 Months Ended 9 Months Ended
Jan. 29, 2021
USD ($)
Mar. 31, 2021
USD ($)
ft²
Mar. 31, 2020
USD ($)
Mar. 31, 2021
USD ($)
ft²
Mar. 31, 2020
USD ($)
Jun. 30, 2020
USD ($)
COMMITMENTS AND CONTINGENCIES [Abstract]            
Area leased under operating lease | ft²   36,350   36,350    
Period of extension on option   5 years   5 years    
Minimum notice period for extension of lease term       270 days    
Rent abatement $ 214,000          
Allowance for leasehold improvements 545,000          
Balance Sheet Classifications of Leases [Abstract]            
Noncurrent operating lease ROU assets   $ 4,123,956   $ 4,123,956   $ 584,143
Operating Lease Liabilities [Abstract]            
Current operating lease liabilities   516,576   516,576   622,493
Noncurrent operating lease liabilities   3,782,296   3,782,296   203,003
Total operating lease liabilities   4,298,872   4,298,872    
Operating lease cost   $ 192,000 $ 117,000 $ 473,000 $ 352,000  
Assumed discount rate   2.81%   2.81%    
Remaining operating lease term   5 years 6 months 29 days   5 years 6 months 29 days    
Future Lease Payments Under Operating Leases [Abstract]            
2021   $ 161,852   $ 161,852    
2022   575,591   575,591    
2023   869,742   869,742    
2024   893,660   893,660    
2025   918,236   918,236    
2026   943,487   943,487    
2027   317,327   317,327    
Total lease payments   4,679,895   4,679,895    
Less: imputed interest   381,023   381,023    
Total operating lease liabilities   4,298,872   4,298,872    
Less: current lease liability   516,576   516,576   622,493
Total long-term lease liability   3,782,296   3,782,296   $ 203,003
Cash paid for operating leases   160,000 $ 172,000 481,000 500,000  
Unamortized lease assets $ 300,000          
ROU assets obtained in exchange for new operating lease liabilities   $ 3,900,000   $ 3,908,249 $ 0