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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Revenue:        
Mobile banking technology revenue $ 24,000 $ 17,000 $ 70,000 $ 68,000
Other revenue, management fee related party 52,000 101,000 219,000 276,000
Total revenue 76,000 118,000 289,000 344,000
Cost of Sales 60,000 53,000 171,000 163,000
Gross Profit 16,000 65,000 118,000 181,000
Operating Expenses:        
Selling, general and administrative expenses (1) 184,000 163,000 632,000 463,000
Total operating expenses 184,000 163,000 632,000 463,000
Loss from Operations (168,000) (98,000) (514,000) (282,000)
Other Income (Expense)        
Gain on extinguishment of convertible note payable 0 0 0 167,000
Interest expense (2) (100,000) (84,000) (292,000) (251,000)
Total other income (expense) (100,000) (84,000) (292,000) (84,000)
Net Loss $ (268,000) $ (182,000) $ (806,000) $ (366,000)
Net Income (Loss) Per Common Share - Basic and Diluted $ (0.01) $ (0.00) $ (0.02) $ (0.01)
Weighted Average Number of Shares Outstanding - Basic and Diluted 39,751,743 39,735,809 39,742,586 39,672,314