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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Dec. 31, 2021
Jun. 30, 2021
CURRENT ASSETS:    
Cash $ 13,707,907 $ 20,664,410
Other receivables 1,640
Prepaid expenses 910,637 232,943
Total Current Assets 14,618,544 20,898,993
Property and equipment, net 668,723 719,364
OTHER ASSETS:    
Definite life intangible assets, net 55,413 65,906
Indefinite life intangible assets 154,824,000 154,824,000
Goodwill 11,640,000 11,640,000
Deposits and other assets 31,494 20,984
Operating lease rights-of-use assets 1,297,964 1,435,978
Total Other Assets 167,848,871 167,986,868
TOTAL ASSETS 183,136,138 189,605,225
CURRENT LIABILITIES:    
Accounts payable – trade 166,750 320,559
Accrued expenses 504,383 1,182,323
Other current liabilities 499,875 90,602
Notes payable, net 4,727,662
Current portion of operating lease liabilities 303,488 292,409
Total Current Liabilities 6,202,158 1,885,893
NON-CURRENT LIABILITIES:    
Contingent consideration liability 9,029,842 6,037,945
Convertible notes payable 1,200,000 1,200,000
Notes payable, net 4,579,114
Operating lease liabilities, net of current portion 1,084,675 1,239,334
Total Liabilities 17,516,675 14,942,286
 Commitments and Contingencies
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; no shares issued and outstanding
Common stock, par value $0.0001, 100,000,000 shares authorized, 52,633,267 shares issued and outstanding at December 31, 2021, and 52,219,661 shares issued and outstanding at June 30, 2021 5,263 5,222
Additional paid-in capital 273,539,732 265,580,356
Accumulated deficit (107,906,715) (90,911,805)
Accumulated other comprehensive loss (18,817) (10,834)
Total Stockholders’ Equity 165,619,463 174,662,939
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 183,136,138 $ 189,605,225