Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.8.0.1
Commitments and Contingencies (Tables)
6 Months Ended
Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]
As of December 31, 2017, the minimum rental commitment under the leases are as follows:
 
 
 
Operating Leases
 
Sub-lease Income
 
Total
 
Year Ending June 30,
 
 
 
 
 
 
 
 
 
 
2018
 
 
365,680
 
 
(76,866)
 
 
288,814
 
2019
 
 
747,953
 
 
(157,187)
 
 
590,766
 
2020
 
 
688,892
 
 
(148,551)
 
 
540,341
 
2021
 
 
338,392
 
 
-
 
 
338,392
 
2022
 
 
347,836
 
 
-
 
 
347,836
 
Thereafter
 
 
569,364
 
 
-
 
 
569,364
 
 
 
$
3,058,117
 
$
(382,604)
 
$
2,675,513