Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.1
Commitments and Contingencies (Tables)
9 Months Ended
Mar. 31, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Lease Payments

The Future Minimum Lease Payments are:

 

Three months period ending 6/30/2020   $ 127,000  
2021     393,000  
2022     496,000  
2023     513,000  
2024     572,000  
Thereafter     1,454,000  
Total Future Minimum Lease Payments     3,555,000  
Less: discount     (924,000 )
Total lease liability   $ 2,631,000