XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Consolidated Statements of Operations    
Revenue $ 3,807,053 $ 2,666,829
Cost of revenue 2,713,676 1,943,683
Gross profit 1,093,377 723,147
Operating expenses:    
Selling expenses 774,468 864,196
General and administrative 1,923,845 2,190,441
Total operating expenses 2,698,313 3,054,637
Loss from operations (1,604,936) (2,331,490)
Interest expense (205,815) (478,388)
Unrealized gain (loss) on derivative 2,208,469 (2,825,661)
Forgiveness of PPP loan 557,977 602,478
Other Income 0 3,681
Other income / (expense) 2,560,631 2,697,890
Net (loss) income $ 955,695 $ (5,029,380)
Earnings (loss) per common share:    
Basic1 $ 0.01 $ (0.06)
Fully diluted1 $ 0.01 $ (0.06)
Weighted average common shares outstanding:    
Basic 91,377,253 84,341,970
Fully diluted 143,085,818 84,341,970