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Fair Value Measurements (Tables)
3 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Estimated Fair Value of Derivative Liability

At September 30, 2020 and June 30, 2020, the estimated fair value of derivative liabilities measured on a recurring basis are as follows:

 

    Fair Value Measurements at  
      September 30, 2020  
      Level 1       Level 2       Level 3       Total  
                                 
Derivative liability - Warrants   $ —       $ —       $ —       $ —    
Derivative liability -Conversion option on convertible debenture     —         —         —         —    
   Total derivatives   $ —       $ —       $ —       $ —    
                                 

 

    Fair Value Measurements at
    June 30, 2020
    Level 1   Level 2   Level 3   Total
                 
Derivative liability - Warrants   $ —       $ —       $ 16,411,504     $ 16,411,504  
Derivative liability -Conversion option on convertible debenture     —         —         5,000,800       5,000,800  
   Total derivatives   $ —       $ —       $ 21,412,304     $ 21,412,304  
                                 

 

Schedule of Liabilities Measured at Fair Value

The following table presents the activity for liabilities measured at fair value using unobservable inputs for the three months ended September 30, 2020: 

 

    Derivative liabilities - Warrants   Derivative liability - Conversion Option on Convertible Debenture
         
Beginning balance at July 1, 2020   $ 16,411,504     $ 5,000,800  
Additions to level 3 liabilities     —         —    
Change in in fair value of level 3 liability     (6,054,121 )     (2,225,798 )
Transfer in and/or out of Level 3     (10,357,383 )     (2,775,002 )
Balance at September 30, 2020   $ —       $ —