Correction of Error |
12 Months Ended |
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Jun. 30, 2021 | |
Accounting Changes and Error Corrections [Abstract] | |
Correction of Error |
Note 4 – Correction of Error
The Company determined that its intangible assets in the amount of $4,530,000 which consisted of new product development and customer relationships were impaired prior to June 30, 2019 and should have been written off then. Retained earnings as of June 30, 2019 have been restated to reflect that correction.
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- References No definition available.
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- Definition The entire disclosure for reporting error correction. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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