v3.20.2
Unaudited Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]    
Revenues $ 126,983 $ 46,497
Operating expenses    
Cost of product sold 229,696 146,500
Selling, general and administrative 433,330 28,107
Amortization of intangibles 0 166,667
Total operating expenses 663,026 341,274
Loss from operations (536,043) (294,777)
Interest expense - bank debt 337
Interest expense - shareholder 83,955 26,598
Loss on extinguishment of debt upon notes conversion 188,397
Change in derivative liability (207,524) (190,062)
Interest expense - other 322,739 382,267
Other expense- non cash 19,877
Total other expense 407,781 218,803
Provision for income tax
Net loss $ (943,824) $ (513,580)
Basic and diluted net loss per common share $ (0.01) $ (0.01)
Weighted average shares of capital outstanding - basic and diluted 63,442,930 54,482,700

Source