Income Taxes (Details Narrative) - USD ($) |
12 Months Ended | |
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Jun. 30, 2022 |
Jun. 30, 2020 |
|
Income Taxes | ||
Description for the ability to carryforward losses | The 20-year limitation was eliminated for losses incurred after January 1, 2018, giving the taxpayer the ability to carry forward losses indefinitely. However, NOL carry forward arising after January 1, 2018, will now be limited to 80% of taxable income. The $105.8 million available at June 30, 2022 includes $51.0 million of post 2017 NOLs without expiration dates and $54.8 million of pre-2018 NOLs expiring from 2024 to 2037 | |
Operating loss carryforward | $ 105,800,000 |