XML 25 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]            
REVENUE        
OPERATING EXPENSES            
Amortization $ 57,344 $ 57,344 $ 172,032 $ 172,033 229,377 229,377
Research and development expenses 353,198 331,834 1,003,124 732,373 1,008,100 370,852
Selling, general and administrative expenses 288,711 459,111 940,762 936,180 1,259,096 1,771,937
TOTAL OPERATING EXPENSES 699,253 848,289 2,115,918 1,840,586 2,496,573 2,372,166
LOSS FROM OPERATIONS (699,253) (848,289) (2,115,918) (1,840,586) (2,496,573) (2,372,166)
OTHER EXPENSE (INCOME)            
Change in fair value of derivative liabilities (366,550) (8,125,328)    
Gain on settlement of debt (51,400) (51,400)  
Other Income         (51,400)
Interest Expense 33,699 3,532,234 272 273 40,960
Interest income (248) (233) (1,036) (1,159) (4)
TOTAL OTHER EXPENSE (INCOME) (332,851) (248) (4,593,327) (52,164) (52,286) 40,956
NET LOSS (366,402) (848,041) 2,477,409 (1,788,422) (2,444,287) (2,413,122)
Deemed dividend 17,099,058 48,659 48,659 20,995
NET LOSS ATTRIBUTABLE TO COMPANY STOCKHOLDERS $ (366,402) $ (848,041) $ (14,621,649) $ (1,837,081) $ (2,492,946) $ (2,434,117)
NET LOSS PER COMMON SHARE, BASIC AND DILUTED         $ (0.98) $ (3.18)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED         2,539,611 766,065
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 5,199,003 2,531,380 4,839,802 2,508,641    
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, DILUTED 5,199,003 2,531,380 4,839,802 2,508,641