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Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Jun. 30, 2020
Current Assets    
Cash $ 1,239,121 $ 142,413
Accounts receivable, net 16,443,103 14,048,095
Prepaid expenses 246,277 4,477
Other assets 92,054 30,879
Total Current Assets 18,020,555 14,225,864
Property and equipment, net 21,978 32,669
Goodwill 3,696 3,636
Intangible assets - purchased software, net 2,311,120 2,835,117
Other assets 3,935 11,670
Total Assets 20,361,284 17,108,956
Current Liabilities    
Accounts payable 6,394,491 7,897,887
Accrued expenses 1,510,350 1,123,842
Contract liabilities 324,301 219,652
Due to related parties 86,872 84,485
Notes payable to officer 929,183 26,818
Notes payable 278,047 20,469
Convertible notes payable, net 72,574 189,641
Liabilities in arrears with convertible features 109,000 109,000
Liabilities in arrears - judgement settlement agreement (Note 6) 782,579 771,702
Derivative liability 761,919 897,631
Liabilities of discontinued operations 82,795 82,795
Total Current Liabilities 11,332,111 11,423,922
Notes payable, net of current portion 155,182 167,459
Total Liabilities 11,487,293 11,591,381
Commitments and Contingencies (Note 11)
Stockholders' Equity    
Preferred stock, $0.01 par value; 1,000 shares authorized, issued and outstanding at March 31, 2021 and June 30, 2020 10 10
Common stock, $0.01 par value; 500,000,000 shares authorized, 77,949,557 shares issued and 77,921,187 shares outstanding at March 31, 2021, and 19,318,679 shares issued and 19,174,492 outstanding at June 30, 2020 779,213 191,745
Additional paid-in-capital 233,767,932 231,984,704
Common stock to be issued 15,000 955,466
Accumulated other comprehensive (loss) income (21,735) 113,070
Accumulated deficit (225,666,429) (227,727,420)
Total Stockholders' Equity 8,873,991 5,517,575
Total Liabilities and Stockholders' Equity $ 20,361,284 $ 17,108,956