Transition report pursuant to Rule 13a-10 or 15d-10

Balance Sheet Disclosures

v3.21.1
Balance Sheet Disclosures
6 Months Ended
Dec. 31, 2020
Balance Sheet Disclosures [Abstract]  
Balance Sheet Disclosures

Note 5 - Balance Sheet Disclosures


Prepaid expenses and other current assets consisted of the following:




As of




December 31


 As of June 30 


2020


2020


2019









Software and technology
$ 480,651

$ 571,695

$ 237,930
Professional services, dues and subscriptions

826,195


473,731

169,804
Insurance

243,222


105,814

159,940
Deferred contract costs

227,718





Unbilled receivable

612,446






Other

68,495


64,101

                10,000 
Total prepaid expenses and other current assets
$ 2,458,727

$ 1,215,341

$ 577,674


Accounts payable and accrued liabilities consisted of the following:

 



As of December 31



As of June 30,

 


2020


 

2020

 

 

2019

 

Accounts payable


$ 513,610

$ 1,443,895

$ 1,317,566

Professional fees



333,709

2,273,659

 

 


49,205

 

Sales taxes



216,367

 

 

59,825

 

 

 

36,358

 

Compensation



311,379

 

 

260,042

 

 

 

354,724

 

Contractors



1,281,857

 

 

782,366

 

 

 

19,557

 

Other



531,654

 

 

42,141

 

 

 

40,706

 

Total accounts payable and accrued liabilities


$ 3,188,576

 

$

4,861,928

 

 

$

1,818,116