14. STOCKHOLDERS' DEFICIENCY (Tables)

12 Months Ended

Jun. 30, 2020

Stockholders' deficiency:

Schedule of proceeds raised under equity distribution

Proceeds raised under the 2019 Equity Distribution Agreement are as follows:

	Year Ended June 30, 2020					Year Ended June 30, 2019					Cumulative from inception
	Shares		Proceeds			Shares		Proceeds			Shares		Proceeds
Gross proceeds		1,895,934	$	1,723,195			7,564,575		10,607,047			9,460,509	$	12,330,242
Fees		-		(51,697	)		-		(318,211	)		-		(369,908	)
Expenses		-		(90,000	)		-					-		(90,000	)
Net proceeds		1,895,934	$	1,581,498			7,564,575	$	10,288,836			9,460,509	$	11,870,334

Proceeds raised under the 2018 Equity Distribution are as follows:

	Year Ended June 30, 2019					Year Ended June 30, 2018					Cumulative from inception
	Shares		Proceeds			Shares		Proceeds			Shares		Proceeds
Gross proceeds		17,221,239		23,553,838			1,283,754		1,446,159			18,504,993	$	24,999,997
Fees		-		(706,615	)		-		(43,385	)		-		(750,000	)
Expenses		-		-			-		(145,000	)		-		(145,000	)
Net proceeds		17,221,239	$	22,847,223			1,283,754	$	1,257,774			18,504,993	$	24,104,997

Schedule of warrant buybacks

	Year Ended June 30, 2020
	Warrants		Buyback price
Series F Warrants		297,352	$	62,712
Series H Warrants		1,466,432		577,373
Series J Warrants		4,774,889		1,907,381
		6,538,673	$	2,547,466

Outstanding Stock Purchase Warrants

	Shares of Common		Exercise Price per		Latest Termination
Descripton	Stock		Share		Date
Series F warrants*		1,894,429	$	0.91	July 2, 2020**
Series G warrants		549,450		0.91	July 2, 2020**
Series H warrants *		7,974,881		0.70	August 4, 2021
Financial services warrants		25,000		0.70	August 4, 2021
Series J warrants*		4,639,614		0.80	December 6, 2021
		15,083,374

Option activity

	Number of Shares			Weighted Average Exercise Price		Weighted Average Remaining Term in Years		Aggregate Intrinsic Value
Outstanding - June 30, 2017		8,927,132		$	0.76		7.5		-
Granted		4,182,550			0.90
Forfeited		(39,500	)		1.70
Exercised		(208,900	)		0.77
Expired		(85,820	)		6.95
Outstanding - June 30, 2018		12,775,462			0.76		7.7
Granted		2,340,200			1.34
Forfeited		(280,362	)		0.62
Exercised		(270,500	)		0.64
Expired		(129,150	)		1.77
Outstanding - June 30, 2019		14,435,650			0.85		7.3
Granted		5,779,850			0.58
Forfeited		(235,950	)		0.86
Exercised		-			-
Expired		(77,100	)		2.72
Outstanding - June 30, 2020		19,902,450		$	0.76		7.4	$	380,514
Exercisable at June 30, 2020		10,366,100		$	0.79		5.8	$	299,137
Expected to vest at June 30, 2020		9,536,350		$	0.74		9.2	$	81,377

Weighted average assumptions

	Year Ended June 30,
	2020			2019			2018
Risk-free interest rate		0.5	%		1.9	%		1.8	%
Volatility factor		67.1	%		69.3	%		52.6	%
Dividend yield		0	%		0	%		0	%
Expected option life (years)		6.1			6.1			6.0
Weighted average grant date fair value	$	0.33		$	0.85		$	0.58

Restricted Stock Units

	Year Ended June 30,
	2020			2019			2018
Outstanding at beginning of year		10,327,833			9,323,876			5,209,617
Granted		3,397,950			1,517,450			4,914,550
Forfeited		(123,438	)		(182,351	)		(5,250	)
Vested		(636,775	)		(331,142	)		(795,041	)
Outstanding at end of year		12,965,570			10,327,833			9,323,876