General form of registration statement for all companies including face-amount certificate companies

Summary of Significant Accounting Policies (Details)

v3.21.1
Summary of Significant Accounting Policies (Details) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Dec. 31, 2019
Mar. 31, 2021
Mar. 31, 2020
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Consolidated Balance Sheet                        
Current assets $ 713,880             $ 713,880   $ 932,325 $ 482,667  
Current liabilities 5,075,053             5,075,053   5,413,472 2,955,272  
Total assets 723,880             723,880   932,325 482,667  
Total stockholders' deficit (4,342,173) $ (4,887,338) $ (4,578,249) $ (3,590,090) $ (3,110,549) $ (2,359,452) $ (3,110,549) (4,342,173) $ (3,590,090) (4,481,147) (2,472,605) $ (2,658,954)
Consolidated Statements of Operations                        
Revenues 96,726     119,475       270,919 227,257 241,673 352,172  
Operating expenses 487,567     986,902       1,650,021 2,187,886 2,965,548 2,263,722  
Loss from operations (391,240)     (867,427)       (1,389,501) (1,960,629) (2,723,875) (1,911,550)  
Other income (expenses) 1,548,474     224,100       2,074,040 781,420 1,688,188 2,686,793  
Net income (loss) $ (1,939,714) $ (598,705) $ (943,823) $ (1,091,527) (1,136,941) (513,581)   $ (3,453,142) $ (2,742,049) $ (4,412,063) $ (4,598,343)  
Basic & diluted EPS $ (0.02)     $ (0.02)       $ (0.05) $ (0.05) $ (0.08) $ (0.09)  
Previously Reported [Member]                        
Consolidated Balance Sheet                        
Current assets         577,944 858,216 577,944       $ 482,667 [1]  
Current liabilities         4,514,446 3,287,252 4,514,446       2,955,272 [1]  
Working capital (deficit)         (3,936,502) (2,429,036) (3,936,502)       (2,472,605) [1]  
Total assets         1,550,298 858,216 1,550,298       482,667 [1]  
Total liabilities         4,514,446 3,287,252 4,514,446       2,955,272 [1]  
Total stockholders' deficit         (2,964,148) (2,429,036) (2,964,148)       (2,472,605) [1]  
Consolidated Statements of Operations                        
Revenues         172,991 206,497 379,488       352,172 [2]  
Operating expenses         755,432 570,858 1,326,290       2,263,722 [2]  
Loss from operations         (582,441) (364,361) (946,802)       (1,911,550) [2]  
Other income (expenses)         338,517 218,803 557,320       2,686,793 [2]  
Net income (loss)         $ (920,958) $ (583,164) $ (1,504,122)       $ (4,598,343) [2]  
Basic & diluted EPS         $ (0.02) $ (0.01) $ (0.02)       $ (0.09) [2]  
Adjustments [Member]                        
Consolidated Balance Sheet                        
Current assets         $ 408,294 $ 387,917 $ 408,294       $ 487,500 [1]  
Current liabilities         249,007 1,151,666 249,007       223,333 [1]  
Working capital (deficit)         159,287 (763,749) 159,287       264,167 [1]  
Total assets         102,607 1,221,250 102,607       487,500 [1]  
Total liabilities         249,007 1,151,666 249,007       223,333 [1]  
Total stockholders' deficit         (146,400) 69,584 (146,400)       264,167 [1]  
Consolidated Statements of Operations                        
Revenues         (111,706) (160,000) (271,706)       [2]  
Operating expenses         104,278 (229,584) (125,306)       (264,167) [2]  
Loss from operations         (215,984) 69,584 (146,400)       264,167 [2]  
Other income (expenses)               [2]  
Net income (loss)         $ (215,984) $ 69,584 $ (146,400)       $ 264,167 [2]  
Basic & diluted EPS               [2]  
As Corrected [Member]                        
Consolidated Balance Sheet                        
Current assets         $ 986,238 $ 1,246,133 $ 986,238       $ 970,167 [1]  
Current liabilities         4,763,453 4,438,918 4,763,453       3,178,605 [1]  
Working capital (deficit)         (3,777,215) (3,192,785) (3,777,215)       (2,208,438) [1]  
Total assets         1,652,905 2,079,466 1,652,905       970,167 [1]  
Total liabilities         4,763,453 4,438,918 4,763,453       3,178,605 [1]  
Total stockholders' deficit         (3,110,548) (2,359,452) (3,110,548)       (2,208,438) [1]  
Consolidated Statements of Operations                        
Revenues         61,285 46,497 107,782       352,172 [2]  
Operating expenses         859,710 341,274 1,200,984       1,999,555 [2]  
Loss from operations         (798,425) (294,777) (1,093,202)       (1,647,383) [2]  
Other income (expenses)         338,517 218,803 557,320       2,686,793 [2]  
Net income (loss)         $ (1,136,942) $ (513,580) $ (1,650,522)       $ (4,334,176) [2]  
Basic & diluted EPS         $ (0.02) $ (0.01) $ (0.02)       $ (0.09) [2]  
[1] The balance sheet impact of the errors was corrected in the quarter ended September 30, 2019.
[2] The income statement impact of the errors was corrected in the quarter ended September 30, 2019.