Summary of Significant Accounting Policies (Tables)
|
6 Months Ended |
Dec. 31, 2018 |
|---|
| Accounting Policies [Abstract] |
|
| Schedule of revenues of the Company's reportable segments |
The following table summarizes the revenues of the Company’s
reportable segments for the three months ended December 31, 2018:
| |
|
Foundry Services
Revenue
|
|
|
RF Product
Revenue
|
|
|
Total Revenue
with Customers
|
|
| MEMS |
|
|
$ |
26,803 |
|
|
$ |
— |
|
|
$ |
26,803 |
|
| NRE - RF Filters |
|
|
|
232,967 |
|
|
|
— |
|
|
|
232,967 |
|
| Filters/Amps |
|
|
|
— |
|
|
|
63,506 |
|
|
|
63,506 |
|
| Total |
|
|
$ |
259,770 |
|
|
$ |
63,506 |
|
|
$ |
323,276 |
|
The following table summarizes the revenues of the Company’s
reportable segments for the six months ended December 31, 2018:
| |
|
Foundry Services
Revenue
|
|
|
RF Product
Revenue
|
|
|
Total Revenue
with Customers
|
|
| MEMS |
|
|
$ |
144,410 |
|
|
$ |
— |
|
|
$ |
144,410 |
|
| NRE – RF Filters |
|
|
|
263,442 |
|
|
|
— |
|
|
|
263,442 |
|
| Filters/Amps |
|
|
|
— |
|
|
|
118,973 |
|
|
|
118,973 |
|
| Total |
|
|
$ |
407,852 |
|
|
$ |
118,973 |
|
|
$ |
526,825 |
|
|
| Schedule of changes in revenue |
The following table summarizes
the changes in revenue recognition for the six months ended December 31, 2018:
| |
|
Deferred
Revenue |
|
| Balance, June 30, 2018 |
|
$ |
52,938 |
|
| Revenue recognized
from prior year |
|
|
(52,938 |
) |
| Year
to date invoicing in excess of revenue recognition |
|
|
41,558 |
|
| Balance, December
31, 2018 |
|
$ |
41,558 |
|
|
| Schedule of changes in contract assets |
The
following table summarizes the changes in contract assets for the six months ended December 31, 2018:
| |
|
Contract
assets |
|
| Balance, June 30, 2018 |
|
$ |
6,612 |
|
| YTD
revenue recognition in excess of billings |
|
|
25,348 |
|
| Balance, December
31, 2018 |
|
$ |
31,960 |
|
|
| Schedule of common stock equivalents |
The
Company had the following common stock equivalents at December 31, 2018 and 2017:
| |
|
December
31,
2018 |
|
|
December
31,
2017
|
|
| Convertible
Notes |
|
|
4,960,800 |
|
|
|
— |
|
| Options |
|
|
2,087,064 |
|
|
|
1,166,859 |
|
| Warrants |
|
|
728,493 |
|
|
|
756,809 |
|
| Total |
|
|
7,776,357 |
|
|
|
1,923,668 |
|
|