Income Taxes (Tables)

9 Months Ended

Mar. 31, 2019

Income Tax Disclosure [Abstract]

Schedule of reconciliation of income tax expense (benefit)

For the three and nine months ended March 31, 2019 and 2018, the Company recorded income tax expense (benefit), as follows:

	For the three months ended						For the nine months ended
	March 31,						March 31,
	2019			2018			2019			2018
Income tax expense (benefit)	$	(509,000	)	$	411,405		$	(1,164,000	)	$	(97,744	)
Reduction of deferred tax assets relating to Tax Legislation		—						—			1,764,039
Valuation allowance on deferred tax assets		509,000			(411,405	)		1,164,000			3,577,127
Net income tax expense	$	—		$	—		$	—		$	5,243,422