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Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
OPERATING EXPENSES        
Amortization $ 57,344 $ 57,344 $ 172,032 $ 172,033
Research and development expenses 353,198 331,834 1,003,124 732,373
Selling, general and administrative expenses 288,711 459,111 940,762 936,180
TOTAL OPERATING EXPENSES 699,253 848,289 2,115,918 1,840,586
LOSS FROM OPERATIONS (699,253) (848,289) (2,115,918) (1,840,586)
OTHER EXPENSE (INCOME)        
Change in fair value of derivative liabilities (366,550) (8,125,328)
Gain on settlement of debt (51,400)
Interest Expense 33,699 3,532,234 272
Interest income (248) (233) (1,036)
TOTAL OTHER EXPENSE (INCOME) (332,851) (248) (4,593,327) (52,164)
NET INCOME (LOSS) (366,402) (848,041) 2,477,409 (1,788,422)
Deemed dividend 17,099,058 48,659
NET LOSS ATTRIBUTABLE TO COMPANY STOCKHOLDERS $ (366,402) $ (848,041) $ (14,621,649) $ (1,837,081)
NET LOSS PER COMMON SHARE, BASIC $ (0.07) $ (0.34) $ (3.02) $ (0.73)
NET LOSS PER COMMON SHARE, DILUTED $ (0.07) $ (0.34) $ (3.02) $ (0.73)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC 5,183,724 2,520,429 4,661,183 2,497,457
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, DILUTED 5,183,724 2,520,429 4,661,183 2,497,457