Notes Payable (Details) |
9 Months Ended |
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Mar. 31, 2020
USD ($)
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Debt Disclosure [Abstract] | |
Convertible notes payable issued as of June 30, 2019 | $ 1,117,741 |
Convertible notes payable issued as of March 31, 2020 | 1,737,000 |
Unamortized amortization of debt and beneficial conversion feature | (153,163) |
Notes converted into shares of common stock | (911,000) |
Balance at March 31, 2020 | $ 1,790,578 |
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- Definition Unamortized Amortization of debt discount and beneficial conversion feature. No definition available.
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- Definition Carrying value as of the balance sheet date of long-term debt (with maturities initially due after one year or beyond the operating cycle if longer) identified as Convertible Notes Payable, excluding current portion. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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