XML 19 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Statements of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Total
Beginning Balance at Jun. 30, 2018   $ 79 $ 4,880,246 $ (4,769,126) $ 111,199
Beginning Balance, Shares at Jun. 30, 2018   788,026      
Issuance of shares in a private placement $ 3,200,000 3,200,000 3,200,000
Issuance of shares in a private placement (in shares) 2,133,332        
Conversion of preferred stock to common stock $ (3,200,000) $ 171 (171)
Conversion of preferred stock to common stock (in shares) (2,133,332) 1,706,666      
Issuance of shares in exchange for debt settlement   $ 1 1,150,134 1,150,135
Issuance of shares in exchange for debt settlement, Shares   7,804      
Stock option compensation   3,412 3,412
Cashless exercise of warrants   $ 2 (2)
Cashless exercise of warrants, Shares   17,935      
Deemed dividends for ratchet adjustment to warrants   48,659 (48,659)
Net income (loss)   (439,871) (439,871)
Ending Balance at Sep. 30, 2018   $ 253 9,282,278 (5,257,656) 4,024,875
Ending Balance, Shares at Sep. 30, 2018   2,520,431      
Beginning Balance at Jun. 30, 2018   $ 79 4,880,246 (4,769,126) 111,199
Beginning Balance, Shares at Jun. 30, 2018   788,026      
Issuance of shares in exchange for debt settlement         1,150,135
Stock option compensation         19,697
Cashless exercise of warrants         224
Net income (loss)         (940,381)
Ending Balance at Dec. 31, 2018   $ 253 9,298,563 (5,758,166) 3,540,650
Ending Balance, Shares at Dec. 31, 2018   2,520,431      
Beginning Balance at Sep. 30, 2018   $ 253 9,282,278 (5,257,656) 4,024,875
Beginning Balance, Shares at Sep. 30, 2018   2,520,431      
Stock option compensation   16,285 16,285
Net income (loss)   (500,510) (500,510)
Ending Balance at Dec. 31, 2018   $ 253 9,298,563 (5,758,166) 3,540,650
Ending Balance, Shares at Dec. 31, 2018   2,520,431      
Beginning Balance at Jun. 30, 2019   $ 406 9,392,573 (7,262,072) 2,130,907
Beginning Balance, Shares at Jun. 30, 2019   4,058,724      
Issuance of commitment shares   $ 112 10,068,638 10,068,750
Issuance of commitment shares, Shares   1,125,000      
Deemed dividends for ratchet adjustment to warrants   (17,099,058) (17,099,058)
Net income (loss)   (3,821,227) (3,821,227)
Ending Balance at Sep. 30, 2019   $ 518 19,461,211 (28,182,357) (8,720,628)
Ending Balance, Shares at Sep. 30, 2019   5,183,724      
Beginning Balance at Jun. 30, 2019   $ 406 9,392,573 (7,262,072) 2,130,907
Beginning Balance, Shares at Jun. 30, 2019   4,058,724      
Issuance of shares in exchange for debt settlement        
Stock option compensation         11,162
Cashless exercise of warrants        
Net income (loss)         2,843,811
Ending Balance at Dec. 31, 2019   $ 518 19,472,373 (21,517,319) (2,044,428)
Ending Balance, Shares at Dec. 31, 2019   5,183,724      
Beginning Balance at Sep. 30, 2019   $ 518 19,461,211 (28,182,357) (8,720,628)
Beginning Balance, Shares at Sep. 30, 2019   5,183,724      
Stock option compensation   11,162 11,162
Net income (loss)   6,665,038 6,665,038
Ending Balance at Dec. 31, 2019   $ 518 $ 19,472,373 $ (21,517,319) $ (2,044,428)
Ending Balance, Shares at Dec. 31, 2019   5,183,724