Fair Value (Details) - USD ($) |
6 Months Ended | 12 Months Ended |
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Dec. 31, 2020 |
Jun. 30, 2020 |
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Fair Value Disclosures [Abstract] | ||
Beginning fair value balance on issue date | $ 14,131,000 | |
Payments on Convertible Notes | (1,827,273) | |
Change in fair value reported in the statements of operations | 961,273 | $ (766,000) |
Change in fair value reported in other comprehensive income | 133,000 | (63,000) |
Ending fair value balance | $ 13,398,000 | $ 14,131,000 |
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- References No definition available.
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- Definition Fair value portion of borrowing which can be exchanged for a specified number of another security at the option of the issuer or the holder, for example, but not limited to, the entity's common stock. No definition available.
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- References No definition available.
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- Definition The cash outflow from the repayment of a long-term debt instrument which can be exchanged for a specified amount of another security, typically the entity's common stock, at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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