LEASES

6 Months Ended

Dec. 31, 2021

Leases [Abstract]

LEASES

LEASES

We lease office space and have a sublease arrangement on one of our leased offices.

Lease presentation in our consolidated balance sheets, components of lease costs and other lease information are presented in the following table:

	December 31, 2021		June 30, 2021		June 30, 2020
Assets
Right-of-use assets - operating lease	$	60,919	$	139,797	$	268,610
Liabilities
Current	59,430		140,435		135,947
Non-current	—		—		133,663
Operating lease liabilities	$	59,430	$	140,435	$	269,610

	Six Months Ended December 31, 2021		Years Ended June 30,
			2021		2020
Statements of operations:
Operating lease cost	$	84,228	$	165,456	$	156,456
Short-term lease cost	66,592		78,583		32,673
Sublease income	61,506		120,752		29,906
Other information:
Right-of-use assets obtained in exchange for new operating lease liabilities	$	—	$	14,921	$	391,549
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	86,356	$	165,817	$	152,251
Weighted-average remaining lease term (in months)	3		11		23
Weighted-average discount rate	10.00%		10.00%		10.00%

Maturities of lease payments under non-cancellable leases are as follows:

	December 31, 2021
2022	$	61,151
Total future minimum lease payments	61,151
Interest included within lease payments	(1,721)
Total operating lease liabilities	$	59,430