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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flow from operating activities:    
Net loss $ (1,632,384) $ (285,089)
Adjustment to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 17,651 11,522
Amortization of lease right 0 72,331
Fair value of vested stock options 470,615 631,335
Fair value of vested restricted common stock 557,496 376,338
Changes in operating assets and liabilities:    
Accounts receivable (534,092) (268,193)
Prepaid expenses and other current assets (5,774) (28,505)
Prepaid royalties 58,269 (184,554)
Deposits and other assets 0 5,360
Accounts payable and accrued expenses (83,156) 337,343
Deferred revenue 734,175 1,279,844
Lease liability 0 (79,326)
Net cash provided by (used in) operating activities (417,200) 1,868,406
Cash flow from investing activities:    
Purchase of property and equipment (44,288) (19,854)
Net cash used in investing activities (44,288) (19,854)
Cash flow from financing activities:    
Proceeds from the exercise of stock options 97,688 88,850
Proceeds from the exercise of warrants 59,500 237,501
Common stock repurchase (93,918) (178,012)
Repurchase of stock options and warrants 0 (308,313)
Net cash provided by (used in) financing activities 63,270 (159,974)
Effect of exchange rate changes (2,944) 4,203
Net increase (decrease) in cash and cash equivalents (401,162) 1,692,781
Cash and cash equivalents, beginning of period 11,004,337 9,311,556
Cash and cash equivalents, end of period 10,603,175 11,004,337
Supplemental disclosures of cash flow information:    
Cash paid for income taxes $ 7,622 $ 3,204