XML 61 R3.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Revenues    
Total Revenues $ 2,319,852 $ 1,882,058
Cost of Sales    
Total Cost of Sales 1,136,126 1,766,331
Gross Profit 1,183,726 115,727
General and Administrative Expenses    
Stock compensation and stock issued for services 2,087,425 2,416,934
Asset impairment expense 2,000,287
Legal settlement expense 2,000,000
General and administrative 4,841,085 3,421,336
Total General and Administrative Expenses 10,928,797 5,838,270
Loss from Operations (9,745,071) (5,722,543)
Other Income (Expense)    
Other income 6,415 126,530
Expenses related to convertible notes payable:    
Change in fair value of derivative liability 2,651,957 (89,198)
Interest accretion (1,825,506) (644,055)
Interest expense (5,113,902) (333,851)
Total Other Income (Expense) (4,281,036) (940,574)
Net Loss before Income Taxes (14,026,107) (6,663,117)
Income taxes (Note 8)
Net Loss $ (14,026,107) $ (6,663,117)
Net Basic and Fully Diluted Loss Per Share $ (0.147) $ (0.658)
Weighted average common shares outstanding Basic and fully diluted 95,191,792 10,128,475
Fully diluted 753,647,090 10,518,750
Technology interactive panels and related products [Member]    
Revenues    
Total Revenues $ 2,304,028 $ 1,265,786
Cost of Sales    
Total Cost of Sales 1,136,126 1,545,093
Entertainment theater ticket sales and concessions [Member]    
Revenues    
Total Revenues 589,705
Cost of Sales    
Total Cost of Sales 221,238
Technology office supplies [Member]    
Revenues    
Total Revenues $ 15,824 $ 26,567