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Non-Cash Transactions
9 Months Ended
Mar. 31, 2021
Nonmonetary Transactions [Abstract]  
Non-Cash Transactions

Note 4. Non-Cash Transactions

During the nine-month period ended March 31, 2022, the Company issued 404,584 shares of Common Stock for payment of interest accrued and owing on its outstanding 2019 Convertible Notes. The Company also issued 266,000 shares of Common stock under its equity compensation plans with a fair value of $170,240.

During the nine-month period ended March 31, 2021, the Company issued 362,427 shares of Common Stock for payment of interest accrued and owing on its outstanding 2019 Convertible Notes. Additionally, 1,200,000 shares of Common Stock were issued upon the conversion of 1,200 of its outstanding 2019 Convertible Notes. The Company also issued 166,792 shares of Common Stock to Ausenco Engineering USA South Inc. in exchange for services valued at $181,458.