18. Discontinued Operations (Tables)

12 Months Ended

Jun. 30, 2022

18. Discontinued Operations

Discontinued operations

	As of
Assets:	June 30, 2022		June 30, 2021
Cash	$	200	$	-
Accounts receivable		-		52,000
Inventories		-		3,300
	$	200	$	55,300

	As of
Liabilities:	June 30, 2022		June 30, 2021
Accrued expenses and taxes		-		20,700
Contract liabilities		-		16,500
	$	-	$	37,200

	For the year ended
	June 30, 2022		June 30, 2021
Revenues	$	28,500	$	387,700
Cost of goods sold		16,600		471,800
Gross profit		11,900		(84,100	)
Selling, general and administrative expenses		3,500		280,400
Gain (loss) from operations		8,400		(364,500	)
Loss on disposal		-		(405,400	)
Gain (loss) before income tax benefit		8,400		(769,900	)
Income tax expense (benefit), all deferred		4,000		(207,400	)
Net gain (loss) attributable to discontinued operations	$	4,400	$	(562,500	)