Contract Balances

3 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Contract Balances

Note 2 – Contract Balances

Contract assets and contract liabilities are as follows:

	September 30, 2020	June 30, 2020
Contract assets	$                      756,800	$       -
Contract liabilities	1,220,761	463,961

For the three months ended September 30, 2020, the Company recognized $54,939 of revenue that was included in contract liabilities as of June 30, 2020.