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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2022
Jun. 30, 2021
CURRENT ASSETS:    
Cash $ 11,150,917 $ 20,664,410
Other receivables 1,640
Prepaid expenses 544,735 232,943
Total Current Assets 11,695,652 20,898,993
Property and equipment, net 640,733 719,364
OTHER ASSETS:    
Definite life intangible assets, net 50,596 65,906
Indefinite life intangible assets 154,824,000 154,824,000
Goodwill 11,640,000 11,640,000
Deposits and other assets 21,742 20,984
Operating lease right-of-use assets 1,227,890 1,435,978
Total Other Assets 167,764,228 167,986,868
TOTAL ASSETS 180,100,613 189,605,225
CURRENT LIABILITIES:    
Accounts payable – trade 487,016 320,559
Accrued expenses 466,324 1,182,323
Other current liabilities 277,708 90,602
Notes payable, net 4,801,936
Convertible notes payable 1,200,000
Current portion of operating lease liabilities 278,661 292,409
Total Current Liabilities 7,511,645 1,885,893
NON-CURRENT LIABILITIES:    
Contingent consideration liability 10,310,836 6,037,945
Convertible notes payable 1,200,000
Notes payable, net 4,579,114
Operating lease liabilities, net of current portion 1,035,435 1,239,334
Total Liabilities 18,857,916 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, 52,798,267 shares issued and outstanding at March 31, 2022, and 52,219,661 shares issued and outstanding at June 30, 2021 5,280 5,222
Additional paid-in capital 275,367,091 265,580,356
Accumulated deficit (114,108,180) (90,911,805)
Accumulated other comprehensive loss (21,494) (10,834)
Total Stockholders’ Equity 161,242,697 174,662,939
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 180,100,613 $ 189,605,225