|9 Months Ended|
Mar. 31, 2017
|Prepaid Expenses [Abstract]|
During the nine months ended March 31, 2017, the Company prepaid certain expenses related to software licensing fees. At March 31, 2017 and June 30, 2016, $196,240 and $592,769, respectively, of these expenses remains to be amortized over the useful life through May 2017.
Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs.
Reference 1: http://www.xbrl.org/2003/role/presentationRef