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Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Fair Value of Assets and Liabilities

The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis by level within the fair value hierarchy. As required by ASC 820, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

 

 

 

 

 

 

 

Fair Value at June 30, 2021

 

 

June 30, 2020

 

Assets

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash and cash equivalents

 

$

3,113,064

 

 

 

3,113,064

 

 

 

 

 

 

 

 

$

5,434,081