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INCOME TAXES (Tables)
12 Months Ended
Jun. 30, 2020
INCOME TAXES  
Schedule of components of deferred income tax assets

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

Deferred income tax asset

 

 

 

 

 

 

Net operating loss carryforwards

 

$ 3,237,960

 

 

$ 2,929,710

 

Book to tax differences in intangible assets

 

 

-

 

 

 

(95 )

Total deferred income tax asset

 

 

3,237,960

 

 

 

2,929,615

 

Less: valuation allowance

 

 

(3,237,960 )

 

 

(2,929,615 )

Total deferred income tax asset

 

$

 

 

$

 

Income tax expense reflected

 

 

2021

 

 

2020

 

Current

 

 

 

 

 

 

Federal

 

$

 

 

$

 

State

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred

 

 

 

 

 

 

 

 

Federal

 

 

 

 

 

 

State

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax expense

 

$

 

 

$