Common use of Deferred Development Costs Clause in Contracts

Deferred Development Costs. The following is a summary of activity for deferred development costs. Balance June 30, 2014 $ 321,181 Additions: Consulting (Note 7) $ 115,278 Engineering 60,767 Professional fees 19,936 Rent 12,167 Travel 2,218 210,366 Balance June 30, 2015 $ 531,547 Additions: Consulting (Note 7) $ 110,750 Engineering 66,206 Rent 11,934 188,890 Balance June 30, 2016 $ 720,437 Additions: Consulting (Note 7) $ 314,668 Rent 1,116 315,784 Balance September 30, 2019 and June 30, 2019 $ 1,036,418

Deferred Development Costs. The following is a summary of activity for deferred development costs. Balance June 30, 2014 $ 321,181 Additions: Consulting (Note 7) $ 115,278 Engineering 60,767 Professional fees 19,936 Rent 12,167 Travel 2,218 210,366 Balance June 30, 2015 $ 531,547 Additions: Consulting (Note 7) $ 110,750 Engineering 66,206 Rent 11,934 188,890 Balance June 30, 2016 $ 720,437 Additions: Consulting (Note 7) $ 314,668 Rent 1,116 315,784 Balance September 30December 31, 2019 and June 30, 2019 $ 1,036,418

Deferred Development Costs. The following is a summary of activity for deferred development costs. Balance June 30, 2014 $ 321,181 Additions: Consulting (Note 7) $ 115,278 Engineering 60,767 Professional fees 19,936 Rent 12,167 Travel 2,218 210,366 Balance June 30, 2015 $ 531,547 Additions: Consulting (Note 7) $ 110,750 Engineering 66,206 Rent 11,934 188,890 Balance June 30, 2016 $ 720,437 Additions: Consulting (Note 7) $ 314,668 Rent 1,116 315,784 Balance September June 30, 2019 2018 and June 30, 2019 2017 $ 1,036,418

Deferred Development Costs. The following is a summary of activity for deferred development costs. Balance June 30, 2014 $ 321,181 Additions: Consulting (Note 7) $ 115,278 Engineering 60,767 Professional fees 19,936 Rent 12,167 Travel 2,218 210,366 Balance June 30, 2015 $ 531,547 Additions: Consulting (Note 7) $ 110,750 Engineering 66,206 Rent 11,934 188,890 Balance June 30, 2016 $ 720,437 Additions: Consulting (Note 7) $ 314,668 Rent 1,116 315,784 Balance September June 30, 2019 and June 30, 2019 2018 $ 1,036,418