Net loss per share of common stock (Details) - Schedule of net loss per share of common stock earnings per share - USD ($) |
12 Months Ended | |
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Jun. 30, 2021 |
Jun. 30, 2020 |
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Schedule of net loss per share of common stock earnings per share [Abstract] | ||
Numerator - basic and diluted loss per share net loss | $ (3,479,824) | $ (4,412,063) |
Deemed dividend on Series B stock | 4,085,925 | |
Net loss available to common stockholders | $ (7,565,749) | $ (4,412,063) |
Denominator – basic and diluted loss per share – weighted average common shares outstanding (in Shares) | 71,090,407 | 57,443,347 |
Basic and diluted earnings per share (in Dollars per share) | $ (0.11) | $ (0.08) |
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- References No definition available.
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- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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