Commitments and Contingencies (Details) - USD ($) |
3 Months Ended | 6 Months Ended | ||||
---|---|---|---|---|---|---|
Nov. 11, 2019 |
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2019 |
Dec. 31, 2018 |
Jun. 30, 2019 |
|
Commitments and Contingencies (Textual) | ||||||
Rent expense | $ 40,000 | $ 35,475 | $ 76,000 | $ 78,950 | ||
Restricted cash | 500,000 | 500,000 | $ 500,000 | |||
Annual rent payments | $ 500,000 | |||||
Annual rent payments, percentage | 4.00% | |||||
Future minimum lease payments remainder of fiscal year ended June 30, 2020 | 241,000 | $ 241,000 | ||||
Future minimum lease payments of fiscal year ended June 30, 2021 | 530,000 | 530,000 | ||||
Future minimum lease payments of fiscal year ended June 30, 2022 | 316,000 | 316,000 | ||||
Security deposit | 43,925 | 43,925 | ||||
Annual indexation increases | $ 41,925 | $ 41,925 | ||||
Letter-of-credit, description | The letter-of-credit will expire on June 22, 2020. | |||||
Jessica Billingsley [Member] | ||||||
Commitments and Contingencies (Textual) | ||||||
Annual bonus, description | The annual bonus was determined based upon the following four (4) budget components, platform recurring revenue, government recurring revenue, services revenue and net income. Each scales linearly between achieving 75% to 100%, and greater than 100% with respect to platform recurring revenue and government recurring revenue budget components respectively, of the applicable fiscal year’s budget for each such component (with 50% of the target bonus payable upon achievement of 75% of budget, 100% of the target bonus payable upon achievement of budget (and, with respect to the platform recurring revenue and government recurring revenue budget components, with 200% of each weighted portion of the target bonus payable upon achievement of 125% of the corresponding component of budget (the “Accelerator”), with linear interpolation between points)). | |||||
Performance based incentive, description | (a) 50% of the bonus is automatically granted if the Company’s stock price/shareholder return increases by 15% (measuring point starts at $10 per share) with respect to the consecutive 20-day volume weighted average price prior to and including June 30, 2020, and (b) the remaining 50% of the bonus may be paid at the sole discretion of the Compensation Committee. | |||||
Annual salary | $ 250,000 |