Leases (Tables)

9 Months Ended

Mar. 31, 2021

Leases [Abstract]

Schedule of Operating ROU assets and Lease Liabilities

Information related to the Company’s operating ROU assets and related lease liabilities are as follows:

	Nine Months ended March 31, 2021
Cash paid for operating lease liabilities	$	-
Weighted-average remaining lease term		1.0
Weighted-average discount rate		5	%
Minimum future lease payments	$	4,636

Schedule of Amortization of Lease Liabilities

The following table presents the amortization of the Company’s lease liabilities under ASC 842 for each of the following years ending March 31:

2022	$	4,762
2023		-
2024		-
2025		-
2026 and thereafter		-
Total undiscounted lease liabilities		4,762
Less: Amount representing interest		(126	)
Total present value of minimum lease payments	$	4,636