Stock Based Compensation (Tables)

12 Months Ended

Jun. 30, 2021

Stock Based Compensation (Tables)

Schedule of fair value of stock options granted

	2021		2020
Expected option life (years)	2-4		2 - 4
Expected stock price volatility	227 to 254%		227 to 230%
Expected dividend yield		-		—
Risk-free interest rate	0.44 to 0.54%		0.44 to 0.54%

Stock option activity

	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Price		Aggregate Intrinsic Value
Options:
Outstanding at July 1, 2020		12,558,375		$	0.07
Granted		7,254,124		$	0.14
Exercised, converted		-		$	0.00
Forfeited / exchanged / modification		(6,218,240	)	$	0.07
Outstanding at June 30, 2021		13,594,259		$	0.11		2.5	$	155,693
Exercisable at June 30, 2021		5,509,213		$	0.08		3.0
Number of options available for grant at end of period		426,870

Schedule of nonvested shares

Options	Shares			Weighted-Average Grant-Date Fair Value
Nonvested at July 1, 2020		12,558,375		$	0.07
Granted		7,254,124		$	0.14
Vested		(1,464,080	)	$	0.07
Forfeited		(6,218,240	)	$	0.07
Nonvested at June 30, 2021		12,130,179		$	0.11

Summary of warrant outstanding

Warrants	Remaining Number Outstanding		Weighted Average Remaining Life (Years)		Weighted Average Exercise Price
Warrants - SEDA Financing		86,957		1.80	$	1.15
Warrants - Issued with Convertible Notes		600,000		2.23	$	0.75
Warrants - Securities Purchase Agreement		360,577		3.02	$	0.78
Warrants A - Securities Purchase Agreement		28,072,364		3.02	$	0.16
Total		29,119,898
Aggregate intrinsic value at June 30, 2021	$	0