General form of registration statement for all companies including face-amount certificate companies

Accounts payable and accrued expenses (Tables)

v3.7.0.1
Accounts payable and accrued expenses (Tables)
 9 Months Ended 12 Months Ended
Mar. 31, 2017
Jun. 30, 2016
Payables and Accruals [Abstract]    
Schedule of accounts payable and accrued expenses

Accounts payable and accrued expenses consisted of the following at March 31, 2017 and June 30, 2016: 

 

    March 31, 2017     June 30, 2016  
Accounts payable   $ 146,217     $ 73,400  
Accrued salaries and benefits     107,071       21,376  
Accrued bonuses     334,228       126,575  
Accrued stock-based compensation     567,669       179,079  
Other accrued expenses     116,609       143,216  
Totals   $ 1,271,794     $ 543,646  

Accounts payable and accrued expenses consisted of the following at June 30, 2016, June 30, 2015, March 31, 2016 and March 31, 2015: 

 

    June 30,
2016		     June 30,
2015		     March 31,
2016		     March 31,
2015		  
Accounts payable   $ 73,400     $ 20,454     $ 49,011     $ 157  
Accrued salaries and benefits     21,376       44,365       43,323       -  
Accrued bonuses     126,575       -       93,141       -  
Accrued stock-based compensation     179,079       33,063       106,902       5,857  
Other accrued expenses     143,216       24,632       74,913       52,425  
Totals   $ 543,646     $ 122,514     $ 367,290     $ 58,439