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Intangible Asset - Purchased Software, Net (Tables)
12 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Asset

Intangible asset – Purchased Software, net, is comprised of the following at:

 

   June 30, 
   2019   2018 
Purchased software  $3,025,801   $      - 
Less: accumulated amortization   -    - 
Purchased software, net  $3,025,801   $- 
Schedule of Intangible Asset by Developed Software

Intangible asset – Purchased Software consists of the following two developed software technologies:

 

Alpha Predictions purchased software  $2,905,668 
Travel Buddhi purchased software   120,133 
Total purchased software  $3,025,801 
Schedule of Future Amortization Expense

Future amortization expense related to the existing net carrying amount of developed software at June 30, 2019 is expected to be as follows:

 

Fiscal year 2020  $1,008,600 
Fiscal year 2021   1,008,600 
Fiscal year 2022   1,008,601 
   $3,025,801