2. Summary of Significant Accounting Policies (Tables)

6 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of property and equipment, estimated useful life

Depreciation and amortization expense is recognized using the straight-line method over the estimated useful life of each asset, as follows:

	Estimated Useful Life
Computer and office equipment	3 - 5 years
Machinery and equipment	5 years
Leasehold improvements	Shorter of lease term or useful life

Schedule of disaggregated revenue

The following table presents the Company's revenue disaggregated by revenue source:

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2020		2019		2020		2019
Product sales - third parties	$	755,173	$	32,166	$	1,128,956	$	49,483
Product sales - related party		39,115		–		57,648		–
Information technology and consulting services - third parties		211,229		–		530,806		–
Information technology and consulting services - related party		50,000		–		97,500		–
Total revenue	$	1,055,517	$	32,166	$	1,814,910	$	49,483

Schedule of receivables and contract liabilities

The following table provides information about receivables and contract liabilities from contracts with customers:

	December 31,		June 30,
	2020		2020
Accounts receivable, net	$	767,490	$	229,167
Accounts receivable, net - related parties		105,233		99,357
Deferred revenue		126,120		176,291

Schedule of cost of revenue

The following table is a breakdown of cost of revenue:

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2020		2019		2020		2019
Product sales	$	315,763	$	7,493	$	397,143	$	14,104
Information technology and consulting services		143,070		–		295,118		–
Total cost of revenue	$	458,833	$	7,493	$	692,261	$	14,104