Income Taxes (Details Narrative) - USD ($) |
12 Months Ended | ||||
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Jul. 02, 2018 |
Jun. 30, 2018 |
Jun. 30, 2017 |
Jun. 30, 2016 |
May 22, 2015 |
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Net operating loss carryovers | $ 34,100,000 | $ 421,000 | |||
Operating loss carryovers expiration year | 2034 | ||||
U.S. statutory federal tax rate | 27.55% | 34.00% | |||
Prior U.S. corporate income tax rate | 35.00% | ||||
Current U.S. corporate income tax rate | 21.00% | ||||
Valuations allowance against deferred tax assets | $ 4,600,000 | ||||
Net change in the valuation allowance | 2,600,000 | ||||
Gross unrecognized tax benefits | $ 300,000 | $ 0 | |||
Subsequent Event [Member] | |||||
U.S. statutory federal tax rate | 21.00% |
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- Definition Represents information related to effective income tax rate reconciliation current year income taxes. No definition available.
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- Definition Represents information related to net change in the valuation allowance. No definition available.
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- Definition Expiration date of each operating loss carryforward included in operating loss carryforward, in CCYY format. No definition available.
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- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Percentage of the difference between reported income tax expense (benefit) and expected income tax expense (benefit) computed by applying the domestic federal statutory income tax rates to pretax income (loss) from continuing operations attributable to revisions of previously reported income tax expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of operating loss carryforward, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in the valuation allowance for a specified deferred tax asset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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