Qornerstone (TECM) 10-Q/A 27 Sep 22 2019 Q2 Quarterly report (amended) Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 31, 2018	Feb. 14, 2019
Cover [Abstract]
Document Type	10-Q/A
Entity Registrant Name	QORNERSTONE INC.
Entity Central Index Key	0001415605
Current Fiscal Year End Date	--06-30
Document Period End Date	Dec. 31, 2018
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-52945
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	6, Shenton Way #21-08 OUE
Entity Address, City or Town	Downtown
Entity Address, Country	SG
City Area Code	65
Entity Address, Postal Zip Code	068809
Local Phone Number	65572516
Entity Tax Identification Number	98-0540833
Amendment Flag	true
Amendment Description	Qornerstone Inc. (formerly TechMedia Advertising, Inc.) (the "Company") is filing this Amendment No. 1 (the "Amendment No. 1") to the Periodic Report on Form 10-Q (the "Original Filing") as originally filed with the U.S. Securities and Exchange Commission on February 14, 2019 (the "Original Filing Date") in order to: (i) update the cover page information; (ii) file the restated unaudited condensed consolidated financial statements of the Company as at December 31, 2018 and for the three and six months ended December 31, 2018 for the misapplication of the new revenue recognition standard (ASC 606), to correctly account for certain payroll expenses (direct costs of contracts) in costs of sales not previously reflected in cost of sales in error, for not expensing consulting fees incurred and not accrued in error, and for capitalizing certain software development costs once technological feasibility was established; (iii) file the restated unaudited condensed consolidated financial statements as at December 31, 2017 and for the three and six months ended December 31, 2017, to defer certain payroll costs as costs incurred for contracts not completed at December 31, 2017 not deferred in error, to account for certain payroll costs (direct costs of contracts) in cost of sales not previously reflected in cost of sales in error, for expensing certain prepaid expenses for consulting services rendered, and for not deferring certain revenue appropriately; (iv) update the disclosures in the Management's Discussion and Analysis of Financial Conditions and Results of Operations of the Company for the three month periods ended December 31, 2018 and 2017 and for the six month periods ended December 31, 2018 and 2017; (v) update the name of the Company from TechMedia Advertising, Inc. to Qornerstone Inc. as a result of the name change effective on March 15, 2019; (vi) update our evaluation of disclosure controls and procedures to reflect that such are not effective as of December 31, 2018; and (vii) include Exhibit 104 - Cover Page Interactive Data. This Amendment No. 1 does not amend, modify or otherwise update any other information in the Original Filing.  In addition, this Amendment No. 1 does not reflect events that may have occurred subsequent to the Original Filing Date.
Entity Interactive Data Current	No
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		30,490,095
Entity Current Reporting Status	No
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q2
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Current Assets
Cash	$ 71,217	$ 128,868
Accounts receivable, net of allowance for doubtful accounts of $15,517 and $18,872, respectively	78,943	121,742
Contract assets	38,787	0
Deferred contract costs	0	448,653
Prepaid expenses and deposits	93,273	199,744
Total Current Assets	282,220	899,007
Property and equipment, net	12,652	15,028
Software development	133,272	0
Total Assets	428,144	914,035
Current Liabilities
Accounts payable and accrued liabilities	384,392	108,726
Deferred revenue	120,199	421,178
Due to related parties	516,427	235,678
Total Current Liabilities	1,021,018	765,582
Notes payable	0	1,406,522
Total Liabilities	1,021,018	2,172,104
Commitment and Contingencies
STOCKHOLDERS' DEFICIT
Common stock, 220,000,000 shares authorized, $0.001 par value; 30,490,095 and 18,998,211 shares issued and outstanding, respectively	30,490	18,998
Additional paid-in capital	1,798,471	170,694
Accumulated other comprehensive income	51,926	39,810
Deficit	(2,473,761)	(1,487,571)
Total Stockholders' Deficit	(592,874)	(1,258,069)
Total Liabilities and Stockholders' Deficit	$ 428,144	$ 914,035

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 15,517	$ 18,872
Common Stock, Shares Authorized	220,000,000	220,000,000
Common Stock, Par Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	30,490,095	18,998,211
Common Stock, Shares, Outstanding	30,490,095	18,998,211

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Revenue	$ 195,892	$ 305,573	$ 570,065	$ 542,146
Cost of sales	206,007	117,060	595,516	279,008
Gross Profit (Loss)	(10,115)	188,513	(25,451)	263,138
Expenses
Consulting fees	254,208	90,000	494,208	180,000
Depreciation	2,887	3,642	5,608	5,847
Directors' fees	65,589	66,596	131,534	132,889
General and administrative	18,413	77,283	30,302	139,520
Professional fees	29,107	15,206	60,032	49,309
Rent	15,388	15,624	30,860	31,178
Salaries and benefits	44,790	87,184	99,919	172,972
Total Expenses	430,382	355,535	852,463	711,715
Loss from Operations	(440,497)	(167,022)	(877,914)	(448,577)
Other Income
Other income	0	17,055	0	17,055
Loss before Income Taxes	(440,497)	(149,967)	(877,914)	(431,522)
Income tax expense	0	(1,895)	0	(1,895)
Net Loss	(440,497)	(151,862)	(877,914)	(433,417)
Comprehensive income (loss)
Foreign currency translation gain	9,815	2,257	12,116	32,599
Comprehensive Loss	$ (430,682)	$ (149,605)	$ (865,798)	$ (400,818)
Loss Per Share, Basic	$ (0.02)	$ (0.01)	$ (0.05)	$ (0.02)
Loss Per Share, Diluted	$ (0.02)	$ (0.01)	$ (0.05)	$ (0.02)
Weighted Average Number of Shares Outstanding, Basic	19,372,946	18,998,211	19,185,579	18,998,211
Weighted Average Number of Shares Outstanding, Diluted	19,372,946	18,998,211	19,185,579	18,998,211

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Stockholders' Deficit - 6 months ended Dec. 31, 2018 - USD ($)	Common Stock [Member]	Additional Paid-In Capital [Member]	Accumulated Other Comprehensive Income [Member]	Deficit [Member]	Total
Beginning Balance at Jun. 30, 2018	$ 18,998	$ 170,694	$ 39,810	$ (1,487,571)	$ (1,258,069)
Beginning Balance (Shares) at Jun. 30, 2018	18,998,211
Change in accounting principal - ASC 606 opening adjustment				179,527	179,527
Shares of TechMedia Advertising, Inc.	$ 9,671	(9,671)			0
Shares of TechMedia Advertising, Inc. (Shares)	9,670,474
Net liabilities assumed				(287,803)	(287,803)
Shares issued pursuant to conversion of debt	$ 1,821	1,637,448			1,639,269
Shares issued pursuant to conversion of debt (Shares)	1,821,410
Foreign currency translation gain			12,116		12,116
Net loss for the period				(877,914)	(877,914)
Ending Balance at Dec. 31, 2018	$ 30,490	$ 1,798,471	$ 51,926	$ (2,473,761)	$ (592,874)
Ending Balance (Shares) at Dec. 31, 2018	30,490,095

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Operating Activities
Net loss	$ (877,914)	$ (433,417)
Adjustment to reconcile net loss to net cash used in operating activities:
Depreciation	5,608	5,874
Changes in operating assets and liabilities:
Accounts receivable	42,799	86,625
Deferred contract costs	199,460	(113,883)
Prepaid expenses and deposits	106,471	(466,693)
Accounts payable and accrued liabilities	186,920	(5,870)
Deferred revenue	87,587	(111,034)
Net Cash Used In Operating Activities	(249,069)	(1,038,398)
Investing Activities
Purchase of property and equipment	(3,248)	(10,082)
Software development	(133,272)	0
Net Cash Used In Investing Activities	(136,520)	(10,082)
Financing Activities
Proceeds from notes payable	232,747	560,363
Proceeds from advances from related parties	81,691	0
Net Cash Provided by Financing Activities	314,438	560,363
Effects of Foreign Exchange Rate Changes on Cash	13,500	34,623
Net Decrease in Cash	(57,651)	(453,494)
Cash, Beginning of Period	128,868	585,840
Cash, End of Period	71,217	132,346
Non-cash Investing and Financing Activities:
Accounts payable assumed on reverse merger	88,745	0
Due to related parties assumed on reverse merger	199,058	0
Shares issued upon conversion of notes payable	1,639,269	0
Supplemental Disclosures:
Interest paid	0	0
Income taxes paid	$ 0	$ 0

Organization and Nature of Oper

Organization and Nature of Operations	6 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Nature of Operations [Text Block]	1. Organization and Nature of Operations Qornerstone Inc. (the "Company") was incorporated in the State of Nevada on January 30, 2007 under the name Ultra Care, Inc. On February 17, 2009, the Company merged with its wholly owned subsidiary, TechMedia Advertising, Inc., in order to effect a name change from Ultra Care, Inc. to TechMedia Advertising, Inc. On March 15, 2019, the Company changed its name to Qornerstone Inc. The Company's principal place of business is in Singapore. The Company is in the business of being a solution provider of cloud-enabled real estate and facility management, financial management, security and enterprise turn-key systems/solutions for government-to-government, business-to-business and business-to-consumer. On December 28, 2018, the Company completed its acquisition of IBASE Technology Private Limited ("IBASE") in accordance with the terms of a Share Exchange Agreement dated as of December 16, 2016, as extended on March 31, 2017, and amended on March 31, 2018. See Note 4 for additional information regarding the merger. The Company changed its name from TechMedia Advertising, Inc. to Qornerstone, Inc. effective March 15, 2019.

Going Concern

Going Concern	6 Months Ended
	Dec. 31, 2018
Going Concerns [Abstract]
Going Concern [Text Block]	2. Going Concern These condensed consolidated financial statements have been prepared on a going concern basis, which assumes that the Company will continue to realize its assets and discharge its obligations and commitments in the normal course of operations. Realization values may be substantially different from carrying values as shown and these consolidated financial statements do not give effect to adjustments that would be necessary to the carrying values and classification of assets and liabilities should the Company be unable to continue as a going concern. As of December 31, 2018, the Company has a working capital deficit of $738,798, has incurred cumulative losses of $2,473,761, and expects to incur further losses in the development of its business. These factors raise substantial doubt about the Company's ability to continue as a going concern. To remain a going concern, the Company will be required to obtain the necessary financing to pursue its plan of operation. Management plans to obtain the necessary financing through the issuance of equity and/or advances from related parties. Should the Company not be able to obtain this financing, it may need to substantially scale back operations or cease business. These condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Significant Accounting Policies

Significant Accounting Policies	6 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	3. Significant Accounting Policies (a) These condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, IBASE Technology International Pte. Ltd., (collectively referred to as the "Company"). All significant inter-company transactions and balances have been eliminated in consolidation. The accompanying condensed consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America ("U.S. GAAP") for interim financial information. These condensed consolidated financial statements do not include all disclosures normally provided in annual financial statements and should be read in conjunction with the annual financial statements as at and for the year ended June 30, 2018. However, in the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Interim results are not necessarily indicative of the results expected for the fiscal year. (b) The preparation of these condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Examples of estimates and assumptions include: for revenue recognition, determining the nature and timing of the satisfaction of performance obligations, including percentage-of-completion; useful lives of tangible and intangible assets; allowances for doubtful accounts, when technological feasibility is achieved for new software to be leased or sold; and the potential outcome of future tax consequences of events that have been recognized in our consolidated financial statements or tax returns. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. (c) Adoption of New Accounting Guidance on Revenue Recognition On July 1, 2018, the Company adopted Accounting Standard Codification 606, Revenue from Contracts with Customers ("ASC 606") using the modified retrospective approach applied to any contracts that were not completed as of July 1, 2018. Results for reporting periods beginning after July 1, 2018 are presented under the new guidance, while prior periods continue to be reported in accordance with previous accounting guidance. The Company determined that a cumulative effect adjustment of $179,527 ($0.55 per weighted average share, basic and diluted) to decrease the deficit at July 1, 2018, was necessary upon adoption as there were significant revenue recognition differences identified between the new and previous accounting guidance. Under the new standard, the Company recognizes revenue over time for customized software projects, rather than at a point in time. The adoption of ASC 606 would also have affected the following balances: As at July 1, 2018 New $ $ $ Deferred contract costs 448,653 (448,653 ) - Contract assets - 238,247 238,247 Deferred revenue 421,178 (391,566 ) 29,612 The Company recognizes revenue based on the five criteria for revenue recognition established under ASC 606: 1) identify the contract, 2) identify separate performance obligations, 3) determine the transaction price, 4) allocate the transaction price among the performance obligations, and 5) recognize revenue as the performance obligations are satisfied. Product Revenue and Service and Other Revenue Product revenue includes sales of customized software products that can also include underlying licenses, training, and data migration. Service and other revenue includes sales from cloud-based solutions that provide customers with software, services, and platforms. Service and other revenue also includes sales from consulting, maintenance, and hosting services. Revenue Recognition Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration expected to be received in exchange for those products or services. Revenue is recognized net of allowances for returns and any taxes collected from customers, which are subsequently remitted to governmental authorities, if any. The Company accounts for a contract when it has approval and commitment from both parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of consideration is probable. Management assesses the business environment, customers' financial condition, historical collection experience, accounts receivable aging, and customer disputes to determine whether collectability is reasonably assured. If collectability is not considered reasonably assured at the time of sale, the Company does not recognize revenue until collection occurs. The Company enters into contracts that can include various combinations of licenses, products and services, some of which are distinct and are accounted for as separate performance obligations. For contracts with multiple performance obligations, the Company allocates the transaction price of the contract to each performance obligation, generally on a relative basis using its standalone selling price. For on-premises licenses, the Company recognizes revenue at a point in time when control passes to the customer. For custom licenses that require modification and development based on customer requirements and provide for cost plus reasonable margin throughout the contract, the Company recognizes revenue over time using the input method. For subscription hosting services, the Company recognizes revenue over the period the services are provided. Revenue Service Types The Company has four main revenue sources - the sale of customized software products, the sale of software licenses, the sale of subscription cloud services, and the sale of product support and incidental change orders. Accordingly, the Company recognizes revenue for each source as described below: The Sale of Customized Software Products - Revenue for custom software or significant enhancement to software are projects whereby, the development of the custom software leads to an identifiable asset with no alternative use to the Company, the Company also has an enforceable right to payment under the contract, and revenue is recognized based on the percentage-of-completion using an input model with a master budget of man-days. At the end of each reporting period, the Company reviews its estimated budgeted time to completion and adjusts the percentage of completion accordingly. Sale of Software - Licenses for on-premises software provide the customer with a right to use the software as it exists when made available to the customer. Customers may purchase licenses or subscribe to licenses, which provide customers with similar functionality and differ mainly in the duration over which the customer benefits from the software. Revenue from distinct on-premises licenses is recognized upfront at the point in time when the software is made available to the customer. Revenue from licenses that require Company resources during the service period are recognized over the term of the license. Subscription Hosting Services, which allow customers to use hosted software over the contract period without taking possession of the software, are provided on either a subscription or consumption basis. Revenue related to cloud services provided on a subscription basis is recognized ratably over the contract period. When cloud services require a significant level of integration and interdependency with software and the individual components are not considered distinct, all revenue is recognized over the period in which the cloud services are provided. Sale of Product Support and Incidental Change and Maintenance Orders - The Company recognizes revenue from the sale of product support and incidental change orders when it has completed the performance obligation specified in the contract. Significant Judgments Contracts with customers often include promises to transfer multiple products and services to a customer. Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. Judgment is required to determine the standalone selling price ("SSP") for each distinct performance obligation. We use a single amount to estimate SSP for items that are not sold separately. The Company uses a range of amounts to estimate SSP when selling each of the products and services separately and needs to determine whether there is a discount to be allocated based on the relative SSP of the various products and services. Disaggregation of Revenues The Company disaggregates its revenue from contracts with customers by revenue source and timing of transfer of goods or services. Refer to Note 9 for disaggregated revenue information. Contract Balances Timing of revenue recognition may differ from the timing of invoicing/ milestone invoicing to customers. The Company records a contract asset when revenue is recognized prior to invoicing, or deferred revenue when revenue is recognized subsequent to invoicing. Under the previous revenue recognition standard, the Company deferred costs incurred that related to unrecognized revenues. Unfulfilled Performance Obligations Unfulfilled performance obligations represent amounts expected to be earned on executed contracts. As at December 31, 2018, the Company had approximately $400,000 in unfulfilled performance obligations. The Company expects to satisfy 70% of the performance obligations in fiscal year 2020. During the three and six months ended December 31, 2018, the Company recognized revenue of approximately $15,000 and $30,000 that was included in deferred revenue as at June 30, 2018, respectively. (d) Cost of sales includes: amounts paid to external consultants for custom software sales and other direct costs, including salaries for software engineering and project management staff and payroll related costs. (e) The Company remits contributions to the Central Provident Fund Scheme in Singapore which is a defined contribution pension scheme. These contributions are recognized as compensation expense in the period in which the related service is performed. (f) Research and development expenses include payroll and employee benefits, other payroll-related expenses associated with product development, third-party development and other programming costs. Such costs related to software development are included in research and development expense until the point that technological feasibility is reached, as defined under ASC 985-20 "Costs of Software to be Sold, Leased or Marketed" (g) Certain of the prior year figures have been reclassified to conform to the current year`s presentation including the payroll costs associated with project management and software engineering, which have been reclassified from general salaries and benefits to cost of sales. The reclassification adjustments had no effect on the Company's comprehensive loss for the six months ended December 31, 2018. (h) In June 2016, the FASB issued ASU 2016-3, "Financial Instruments - Credit Losses" Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants, and the U.S. Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future consolidated financial statements

Acquisition of IBASE Technology

Acquisition of IBASE Technology Private Limited	6 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Acquisition of IBASE Technology Private Limited [Text Block]	4. Acquisition of IBASE Technology Private Limited As discussed in Note 1, the closing of the Amended Share Exchange Agreement occurred on December 28, 2018. Pursuant to the terms of the Amended Share Exchange Agreement, the Company acquired all of the issued and outstanding shares of capital stock of IBASE from the shareholders of IBASE in exchange for the issuance of 18,998,211 shares of the Company's common stock to the shareholders of IBASE on a pro rata basis in accordance with each IBASE shareholders' percentage ownership in IBASE. In addition, all outstanding IBASE convertible notes automatically converted into 1,821,410 shares of the Company's common stock. Refer to Note 8. The acquisition was a capital transaction in substance and therefore has been accounted for as a recapitalization, which is outside the scope of ASC 805, "Business Combinations". Under recapitalization accounting, IBASE is considered the acquirer for accounting and financial reporting purposes, and acquired the assets and assumed the liabilities of the Company. These consolidated financial statements include the accounts of the Company since the effective date of the recapitalization and the historical accounts of the business of IBASE since inception. The assets acquired and liabilities assumed from the Company are as follows: $ Accounts payable (88,745 ) Due to related parties (199,058 ) Net liabilities assumed (287,803 )

Property and Equipment

Property and Equipment	6 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Property and Equipment [Text Block]	5. Property and Equipment Net Book Net Book Computer equipment 230,770 219,392 11,378 13,432 Furniture and fixtures 25,124 24,231 893 1,080 Office equipment 30,863 30,482 381 516 286,757 274,105 12,652 15,028

Related Party Transactions

Related Party Transactions	6 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions [Text Block]	6. Related Party Transactions (a) (b)

Notes Payable

Notes Payable	6 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Notes Payable [Text Block]	7. Notes Payable As at June 30, 2018, IBASE had convertible notes totaling $1,406,522. IBASE issued further convertible notes totaling $232,747 during the six months ended December 31, 2018. These notes automatically convert into shares of the Company at a price of $0.90 per share upon the closing of the Amended Share Exchange Agreement. These notes were non-interest bearing and were to mature three years from the date of their respective date of advance unless automatically converted sooner. On December 28, 2018, the Company issued 1,821,410 shares of common stock for the conversion of $1,639,269 in convertible notes.

Common Stock

Common Stock	6 Months Ended
	Dec. 31, 2018
Stockholders' Equity Note [Abstract]
Common Stock [Text Block]	8. Common Stock (a) (b)

Revenue

Revenue	6 Months Ended
	Dec. 31, 2018
Revenues [Abstract]
Revenue [Text Block]	9. Revenue A breakdown of the revenue is presented below: Three months ended Six months ended 2018 2017 2018 2017 $ $ $ $ Major goods/service lines Subscription cloud services 41,152 29,787 98,894 82,403 Custom software projects and licenses 52,749 153,938 245,884 254,939 Product support services 66,234 80,779 162,064 124,248 Service and change request (5,488 ) - 18,424 - Other 41,245 41,069 44,799 80,556 195,892 305,573 570,065 542,146 Timing of revenue recognition Goods transferred at a point in time 35,757 43,469 63,223 124,248 Services transferred over time 160,135 262,104 506,842 417,898 195,892 305,573 570,065 542,146

Restatement

Restatement	6 Months Ended
	Dec. 31, 2018
Accounting Changes and Error Corrections [Abstract]
Restatement [Text Block]	10. Restatement The Company has restated its condensed consolidated financial statements as at December 31, 2018 and for the three and six months then ended, for the misapplication of the new revenue recognition standard (ASC 606), to correctly account for certain payroll expenses (direct costs of contracts) in cost of sales not previously reflected in cost of sales in error, for not expensing consulting fees incurred and not accrued in error, and for capitalizing certain software development costs once technological feasibility was established. These restatements resulted in a net loss of $336,454 increasing by $541,460 to $877,914 for the six months ended December 31, 2018 and a net loss of $$410,960 increasing by $29,537 to $440,497 for the three months ended December 31, 2018. The Company has also restated its condensed consolidated financial statements as at December 31, 2017 and for the three and six months then ended, to defer certain payroll costs incurred for contracts not completed at December 31, 2017 not deferred in error, to account for certain payroll costs (direct costs of contracts) in cost of sales not previously reflected in cost of sales in error, for expensing prepaid expenses for consulting services rendered, and for not deferring certain revenue appropriately. These restatements resulted in a net loss of $275,262 increasing by $158,155 to $433,417 for the six months ended December 31, 2017 and a net loss of $25,833 increasing by $126,029 to $151,862 for the three months ended December 31, 2017. The impact of the restatements as at December 31, 2018 and for the three and six months ended December 31, 2018 and 2017 is summarized below: Consolidated Balance Sheet As at December 31, 2018 As reported Adjustment As restated ASSETS Current Assets Cash 71,217 - 71,217 Accounts receivable, net 78,943 - 78,943 Contract assets - 38,787 38,787 Prepaid expenses and deposits 93,273 - 93,273 Total Current Assets 243,433 38,787 282,220 Property and equipment, net 12,652 - 12,652 Software development - 133,272 133,272 Total Assets 256,085 172,059 428,144 LIABILITIES Current Liabilities Accounts payable and accrued liabilities 172,474 211,918 384,392 Deferred revenue 160,033 (39,834 ) 120,199 Due to related parties 516,427 - 516,427 Total Liabilities 848,934 172,084 1,021,018 STOCKHOLDERS' DEFICIT Common stock 30,490 - 30,490 Additional paid-in capital 1,798,471 - 1,798,471 Accumulated other comprehensive income 58,349 (6,423 ) 51,926 Deficit (2,480,159 ) 6,398 (2,473,761 ) Total Stockholders' Deficit (592,849 ) (25 ) (592,874 ) Total Liabilities and Stockholders' Deficit 256,085 172,059 428,144 Consolidated Statement of Operations and Comprehensive Loss Three months ended December 31, 2018 As reported Adjustment As restated Revenue 244,935 (49,043 ) 195,892 Cost of sales 103,303 (102,704 ) 206,007 Gross Profit (Loss) 141,632 (151,747 ) (10,115 ) Expenses Consulting fees 153,181 101,027 254,208 Depreciation 2,761 126 2,887 Directors' fees 62,538 3,051 65,589 General and administrative 33,000 (14,587 ) 18,413 Professional fees 27,683 1,424 29,107 Research and development 28,773 (28,773 ) - Rent 14,672 716 15,388 Salaries and benefits 229,984 (185,194 ) 44,790 Total Expenses 552,592 (122,210 ) 430,382 Net Loss (410,960 ) (29,537 ) (440,497 ) Comprehensive Income (Loss) Foreign currency translation gain 26,603 (16,788 ) 9,815 Comprehensive Loss (384,357 ) (46,325 ) (430,682 ) Loss Per Share, Basic and Diluted (0.02 ) - (0.02 ) Weighted Average Number of Shares Outstanding, Basic and Diluted 19,372,946 - 19,372,946 Three months ended December 31, 2017 As reported Adjustment As restated Revenue 373,558 (67,985 ) 305,573 Cost of sales 40,143 76,917 117,060 Gross Profit 333,415 (144,902 ) 188,513 Expenses Consulting fees - 90,000 90,000 Depreciation 3,454 188 3,642 Directors' fees 60,927 5,669 66,596 General and administrative 71,983 5,300 77,283 Professional fees 12,287 2,919 15,206 Rent 14,295 1,329 15,624 Salaries and benefits 211,462 (124,278 ) 87,184 Total Expenses 374,408 (18,873 ) 355,535 Loss from Operations (40,993 ) (126,029 ) (167,022 ) Other Income Other income 17,055 - 17,055 Loss before Income Taxes (23,938 ) (126,029 ) (149,967 ) Income tax expense (1,895 ) - (1,895 ) Net Loss (25,833 ) (126,029 ) (151,862 ) Comprehensive Income (Loss) Foreign currency translation gain 129,256 (126,999 ) 2,257 Comprehensive Loss 103,423 (253,028 ) (149,605 ) Loss Per Share, Basic and Diluted - (0.01 ) (0.01 ) Weighted Average Number of Shares Outstanding, Basic and Diluted 18,998,211 - 18,998,211 Six months ended December 31, 2018 As reported Adjustment As restated Revenue 1,113,089 (543,024 ) 570,065 Cost of sales 480,177 115,339 595,516 Gross Profit (Loss) 632,912 (658,363 ) (25,451 ) Expenses Consulting fees 162,635 331,573 494,208 Depreciation 5,608 - 5,608 Directors' fees 131,534 - 131,534 General and administrative 43,988 (13,686 ) 30,302 Professional fees 60,032 - 60,032 Research and development 53,664 (53,664 ) - Rent 30,860 - 30,860 Salaries and benefits 481,045 (381,126 ) 99,919 Total Expenses 969,366 (116,903 ) 852,463 Net Loss (336,454 ) (541,460 ) (877,914 ) Comprehensive Income (Loss) Foreign currency translation gain 18,539 (6,423 ) 12,116 Comprehensive Loss (317,915 ) (547,883 ) (865,798 ) Loss Per Share, Basic and Diluted (0.02 ) (0.03 ) (0.05 ) Weighted Average Number of Shares Outstanding, Basic and Diluted 19,185,579 19,185,579 Six months ended December 31, 2017 As reported Adjustment As restated Revenue 630,404 (88,258 ) 542,146 Cost of sales 112,333 166,675 279,008 Gross Profit 518,071 (254,933 ) 263,138 Expenses Consulting fees - 180,000 180,000 Depreciation 5,848 (1 ) 5,847 Directors' fees 132,901 (12 ) 132,889 General and administrative 139,530 (10 ) 139,520 Professional fees 49,313 (4 ) 49,309 Rent 31,181 (3 ) 31,178 Salaries and benefits 449,720 (276,748 ) 172,972 Total Expenses 808,493 (96,778 ) 711,715 Loss from Operations (290,422 ) (158,155 ) (448,577 ) Other Income Other income 17,055 - 17,055 Loss before Income Taxes (273,367 ) (158,155 ) (431,522 ) Income tax expense (1,895 ) - (1,895 ) Net Loss (275,262 ) (158,155 ) (433,417 ) Comprehensive Income (Loss) Foreign currency translation gain 24,011 8,588 32,599 Comprehensive Loss (251,251 ) (149,567 ) (400,818 ) Loss Per Share, Basic and Diluted (0.01 ) (0.01 ) (0.02 ) Weighted Average Number of Shares Outstanding, Basic and Diluted 18,998,211 18,998,211 Consolidated Statement of Cash Flows Six months ended December 31, 2018 As reported Adjustment As restated Operating Activities Net loss (336,454 ) (541,460 ) (877,914 ) Adjustment to reconcile net loss to net cash used in operating activities: Depreciation 5,608 - 5,608 Changes in operating assets and liabilities: Accounts receivable 42,799 - 42,799 Contract assets 188,322 11,138 199,460 Prepaid expenses and deposits (1,529 ) 108,000 106,471 Accounts payable and accrued liabilities (24,997 ) 211,917 186,920 Deferred revenue (261,145 ) 348,732 87,587 Net Cash Used In Operating Activities (387,396 ) 138,327 (249,069 ) Investing Activities Purchase of property and equipment (3,248 ) - (3,248 ) Software development costs - (133,272 ) (133,272 ) Net Cash Used In Investing Activities (3,248 ) (133,272 ) (136,520 ) Financing Activities Proceeds from notes payable 232,747 - 232,747 Proceeds from advances from related parties 81,691 - 81,691 Net Cash Provided by Financing Activities 314,438 314,438 Effects of Foreign Exchange Rate Changes on Cash 18,555 (5,055 ) 13,500 Net Decrease in Cash (57,651 ) - (57,651 ) Cash, Beginning of Period 128,868 - 128,868 Cash, End of Period 71,217 - 71,217 Six months ended December 31, 2017 As reported Adjustment As restated Operating Activities Net loss (275,262 ) (158,155 ) (433,417 ) Adjustment to reconcile net loss to net cash used in operating activities: Depreciation 5,848 26 5,874 Changes in operating assets and liabilities: Accounts receivable 86,625 - 86,625 Deferred contract asset (2,138 ) (111,745 ) (113,883 ) Prepaid expenses and deposits (649,510 ) 182,817 (466,693 ) Accounts payable and accrued liabilities (5,870 ) - (5,870 ) Deferred revenue (200,617 ) 89,583 (111,034 ) Net Cash Used in Operating Activities (1,040,924 ) 2,526 (1,038,398 ) Investing Activities Purchase of property and equipment (5,848 ) (4,234 ) (10,082 ) Net Cash Used in Investing Activities (5,848 ) (4,234 ) (10,082 ) Financing Activities Proceeds from notes payable 561,925 (1,562 ) 560,363 Net Cash Provided by Financing Activities 561,925 (1,562 ) 560,363 Effects of Foreign Exchange Rate Changes on Cash 31,353 3,270 34,623 Net Decrease in Cash (453,494 ) - (453,494 ) Cash, Beginning of Period 585,840 - 585,840 Cash, End of Period 132,346 - 132,346

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies [Text Block]	11. Commitment and Contingencies On July 1, 2017, IBASE entered into an agreement for consulting services related to corporate financing, fundraising, corporate strategy, and the development of new markets and the contract terminates once all payments have been made. As at December 31, 2018, $211,919 was owed under the contract (June 30, 2018 - $108,000 was prepaid) and consulting fees of $480,000 (2018 - $180,000) were incurred for the six months then ended. The $211,919 is included in accounts payable and accrued liabilities as at December 31, 2018. Upon the closing of the acquisition of IBASE on December 28, 2018, the consulting firm became a related party as it is controlled by a director of the Company. The Company has committed to the following payments for services in addition to the $211,919: Year ended $ June 30, 2019 480,000 June 30, 2020 720,000 June 30, 2021 160,000 1,360,000 Qornerstone, Inc. has not filed any federal corporate income tax returns since inception. Accordingly, the Company may be subject to penalties, fines, or other sanctions for not filing these tax returns. The Company is in the process of rectifying the situation and does not believe the non-filing of the tax returns will have any material adverse effect on its financial position and results of operations.

Summary of Significant Accounti

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation [Policy Text Block]	(a) These condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, IBASE Technology International Pte. Ltd., (collectively referred to as the "Company"). All significant inter-company transactions and balances have been eliminated in consolidation. The accompanying condensed consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America ("U.S. GAAP") for interim financial information. These condensed consolidated financial statements do not include all disclosures normally provided in annual financial statements and should be read in conjunction with the annual financial statements as at and for the year ended June 30, 2018. However, in the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Interim results are not necessarily indicative of the results expected for the fiscal year.
Use of Estimates [Policy Text Block]	(b) The preparation of these condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Examples of estimates and assumptions include: for revenue recognition, determining the nature and timing of the satisfaction of performance obligations, including percentage-of-completion; useful lives of tangible and intangible assets; allowances for doubtful accounts, when technological feasibility is achieved for new software to be leased or sold; and the potential outcome of future tax consequences of events that have been recognized in our consolidated financial statements or tax returns. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company's estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.
Revenue [Policy Text Block]	(c) Adoption of New Accounting Guidance on Revenue Recognition On July 1, 2018, the Company adopted Accounting Standard Codification 606, Revenue from Contracts with Customers ("ASC 606") using the modified retrospective approach applied to any contracts that were not completed as of July 1, 2018. Results for reporting periods beginning after July 1, 2018 are presented under the new guidance, while prior periods continue to be reported in accordance with previous accounting guidance. The Company determined that a cumulative effect adjustment of $179,527 ($0.55 per weighted average share, basic and diluted) to decrease the deficit at July 1, 2018, was necessary upon adoption as there were significant revenue recognition differences identified between the new and previous accounting guidance. Under the new standard, the Company recognizes revenue over time for customized software projects, rather than at a point in time. The adoption of ASC 606 would also have affected the following balances: As at July 1, 2018 New $ $ $ Deferred contract costs 448,653 (448,653 ) - Contract assets - 238,247 238,247 Deferred revenue 421,178 (391,566 ) 29,612 The Company recognizes revenue based on the five criteria for revenue recognition established under ASC 606: 1) identify the contract, 2) identify separate performance obligations, 3) determine the transaction price, 4) allocate the transaction price among the performance obligations, and 5) recognize revenue as the performance obligations are satisfied. Product Revenue and Service and Other Revenue Product revenue includes sales of customized software products that can also include underlying licenses, training, and data migration. Service and other revenue includes sales from cloud-based solutions that provide customers with software, services, and platforms. Service and other revenue also includes sales from consulting, maintenance, and hosting services. Revenue Recognition Revenue is recognized upon transfer of control of promised products or services to customers in an amount that reflects the consideration expected to be received in exchange for those products or services. Revenue is recognized net of allowances for returns and any taxes collected from customers, which are subsequently remitted to governmental authorities, if any. The Company accounts for a contract when it has approval and commitment from both parties, the rights of the parties are identified, payment terms are identified, the contract has commercial substance and collectability of consideration is probable. Management assesses the business environment, customers' financial condition, historical collection experience, accounts receivable aging, and customer disputes to determine whether collectability is reasonably assured. If collectability is not considered reasonably assured at the time of sale, the Company does not recognize revenue until collection occurs. The Company enters into contracts that can include various combinations of licenses, products and services, some of which are distinct and are accounted for as separate performance obligations. For contracts with multiple performance obligations, the Company allocates the transaction price of the contract to each performance obligation, generally on a relative basis using its standalone selling price. For on-premises licenses, the Company recognizes revenue at a point in time when control passes to the customer. For custom licenses that require modification and development based on customer requirements and provide for cost plus reasonable margin throughout the contract, the Company recognizes revenue over time using the input method. For subscription hosting services, the Company recognizes revenue over the period the services are provided. Revenue Service Types The Company has four main revenue sources - the sale of customized software products, the sale of software licenses, the sale of subscription cloud services, and the sale of product support and incidental change orders. Accordingly, the Company recognizes revenue for each source as described below: The Sale of Customized Software Products - Revenue for custom software or significant enhancement to software are projects whereby, the development of the custom software leads to an identifiable asset with no alternative use to the Company, the Company also has an enforceable right to payment under the contract, and revenue is recognized based on the percentage-of-completion using an input model with a master budget of man-days. At the end of each reporting period, the Company reviews its estimated budgeted time to completion and adjusts the percentage of completion accordingly. Sale of Software - Licenses for on-premises software provide the customer with a right to use the software as it exists when made available to the customer. Customers may purchase licenses or subscribe to licenses, which provide customers with similar functionality and differ mainly in the duration over which the customer benefits from the software. Revenue from distinct on-premises licenses is recognized upfront at the point in time when the software is made available to the customer. Revenue from licenses that require Company resources during the service period are recognized over the term of the license. Subscription Hosting Services, which allow customers to use hosted software over the contract period without taking possession of the software, are provided on either a subscription or consumption basis. Revenue related to cloud services provided on a subscription basis is recognized ratably over the contract period. When cloud services require a significant level of integration and interdependency with software and the individual components are not considered distinct, all revenue is recognized over the period in which the cloud services are provided. Sale of Product Support and Incidental Change and Maintenance Orders - The Company recognizes revenue from the sale of product support and incidental change orders when it has completed the performance obligation specified in the contract. Significant Judgments Contracts with customers often include promises to transfer multiple products and services to a customer. Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require significant judgment. Judgment is required to determine the standalone selling price ("SSP") for each distinct performance obligation. We use a single amount to estimate SSP for items that are not sold separately. The Company uses a range of amounts to estimate SSP when selling each of the products and services separately and needs to determine whether there is a discount to be allocated based on the relative SSP of the various products and services. Disaggregation of Revenues The Company disaggregates its revenue from contracts with customers by revenue source and timing of transfer of goods or services. Refer to Note 9 for disaggregated revenue information. Contract Balances Timing of revenue recognition may differ from the timing of invoicing/ milestone invoicing to customers. The Company records a contract asset when revenue is recognized prior to invoicing, or deferred revenue when revenue is recognized subsequent to invoicing. Under the previous revenue recognition standard, the Company deferred costs incurred that related to unrecognized revenues. Unfulfilled Performance Obligations Unfulfilled performance obligations represent amounts expected to be earned on executed contracts. As at December 31, 2018, the Company had approximately $400,000 in unfulfilled performance obligations. The Company expects to satisfy 70% of the performance obligations in fiscal year 2020. During the three and six months ended December 31, 2018, the Company recognized revenue of approximately $15,000 and $30,000 that was included in deferred revenue as at June 30, 2018, respectively.
Cost of Sales [Policy Text Block]	(d) Cost of sales includes: amounts paid to external consultants for custom software sales and other direct costs, including salaries for software engineering and project management staff and payroll related costs.
Employee Benefits [Policy Text Block]	(e) The Company remits contributions to the Central Provident Fund Scheme in Singapore which is a defined contribution pension scheme. These contributions are recognized as compensation expense in the period in which the related service is performed.
Research and Development [Policy Text Block]	(f) Research and development expenses include payroll and employee benefits, other payroll-related expenses associated with product development, third-party development and other programming costs. Such costs related to software development are included in research and development expense until the point that technological feasibility is reached, as defined under ASC 985-20 "Costs of Software to be Sold, Leased or Marketed"
Reclassifications [Policy Text Block]	(g) Certain of the prior year figures have been reclassified to conform to the current year`s presentation including the payroll costs associated with project management and software engineering, which have been reclassified from general salaries and benefits to cost of sales. The reclassification adjustments had no effect on the Company's comprehensive loss for the six months ended December 31, 2018.
Recent Accounting Pronouncements [Policy Text Block]	(h) In June 2016, the FASB issued ASU 2016-3, "Financial Instruments - Credit Losses" Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants, and the U.S. Securities and Exchange Commission did not or are not believed by management to have a material impact on the Company's present or future consolidated financial statements

Significant Accounting Polici_2

Significant Accounting Policies (Tables)	6 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of adoption of new accounting guidance on revenue recognition [Table Text Block]	As at July 1, 2018 New $ $ $ Deferred contract costs 448,653 (448,653 ) - Contract assets - 238,247 238,247 Deferred revenue 421,178 (391,566 ) 29,612

Acquisition of IBASE Technolo_2

Acquisition of IBASE Technology Private Limited (Tables)	6 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Schedule of recognized identified assets acquired and liabilities assumed [Table Text Block]	$ Accounts payable (88,745 ) Due to related parties (199,058 ) Net liabilities assumed (287,803 )

Property and Equipment (Tables)

Property and Equipment (Tables)	6 Months Ended
	Dec. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of property and equipment [Table Text Block]	Net Book Net Book Computer equipment 230,770 219,392 11,378 13,432 Furniture and fixtures 25,124 24,231 893 1,080 Office equipment 30,863 30,482 381 516 286,757 274,105 12,652 15,028

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Dec. 31, 2018
Revenues [Abstract]
Schedule of breakdown of revenue [Table Text Block]	Three months ended Six months ended 2018 2017 2018 2017 $ $ $ $ Major goods/service lines Subscription cloud services 41,152 29,787 98,894 82,403 Custom software projects and licenses 52,749 153,938 245,884 254,939 Product support services 66,234 80,779 162,064 124,248 Service and change request (5,488 ) - 18,424 - Other 41,245 41,069 44,799 80,556 195,892 305,573 570,065 542,146 Timing of revenue recognition Goods transferred at a point in time 35,757 43,469 63,223 124,248 Services transferred over time 160,135 262,104 506,842 417,898 195,892 305,573 570,065 542,146

Restatement (Tables)

Restatement (Tables)	6 Months Ended
	Dec. 31, 2018
Accounting Changes and Error Corrections [Abstract]
Schedule of consolidated balance sheet [Table Text Block]	As at December 31, 2018 As reported Adjustment As restated ASSETS Current Assets Cash 71,217 - 71,217 Accounts receivable, net 78,943 - 78,943 Contract assets - 38,787 38,787 Prepaid expenses and deposits 93,273 - 93,273 Total Current Assets 243,433 38,787 282,220 Property and equipment, net 12,652 - 12,652 Software development - 133,272 133,272 Total Assets 256,085 172,059 428,144 LIABILITIES Current Liabilities Accounts payable and accrued liabilities 172,474 211,918 384,392 Deferred revenue 160,033 (39,834 ) 120,199 Due to related parties 516,427 - 516,427 Total Liabilities 848,934 172,084 1,021,018 STOCKHOLDERS' DEFICIT Common stock 30,490 - 30,490 Additional paid-in capital 1,798,471 - 1,798,471 Accumulated other comprehensive income 58,349 (6,423 ) 51,926 Deficit (2,480,159 ) 6,398 (2,473,761 ) Total Stockholders' Deficit (592,849 ) (25 ) (592,874 ) Total Liabilities and Stockholders' Deficit 256,085 172,059 428,144
Schedule of consolidated statement of operations and comprehensive loss [Table Text Block]	Three months ended December 31, 2018 As reported Adjustment As restated Revenue 244,935 (49,043 ) 195,892 Cost of sales 103,303 (102,704 ) 206,007 Gross Profit (Loss) 141,632 (151,747 ) (10,115 ) Expenses Consulting fees 153,181 101,027 254,208 Depreciation 2,761 126 2,887 Directors' fees 62,538 3,051 65,589 General and administrative 33,000 (14,587 ) 18,413 Professional fees 27,683 1,424 29,107 Research and development 28,773 (28,773 ) - Rent 14,672 716 15,388 Salaries and benefits 229,984 (185,194 ) 44,790 Total Expenses 552,592 (122,210 ) 430,382 Net Loss (410,960 ) (29,537 ) (440,497 ) Comprehensive Income (Loss) Foreign currency translation gain 26,603 (16,788 ) 9,815 Comprehensive Loss (384,357 ) (46,325 ) (430,682 ) Loss Per Share, Basic and Diluted (0.02 ) - (0.02 ) Weighted Average Number of Shares Outstanding, Basic and Diluted 19,372,946 - 19,372,946 Three months ended December 31, 2017 As reported Adjustment As restated Revenue 373,558 (67,985 ) 305,573 Cost of sales 40,143 76,917 117,060 Gross Profit 333,415 (144,902 ) 188,513 Expenses Consulting fees - 90,000 90,000 Depreciation 3,454 188 3,642 Directors' fees 60,927 5,669 66,596 General and administrative 71,983 5,300 77,283 Professional fees 12,287 2,919 15,206 Rent 14,295 1,329 15,624 Salaries and benefits 211,462 (124,278 ) 87,184 Total Expenses 374,408 (18,873 ) 355,535 Loss from Operations (40,993 ) (126,029 ) (167,022 ) Other Income Other income 17,055 - 17,055 Loss before Income Taxes (23,938 ) (126,029 ) (149,967 ) Income tax expense (1,895 ) - (1,895 ) Net Loss (25,833 ) (126,029 ) (151,862 ) Comprehensive Income (Loss) Foreign currency translation gain 129,256 (126,999 ) 2,257 Comprehensive Loss 103,423 (253,028 ) (149,605 ) Loss Per Share, Basic and Diluted - (0.01 ) (0.01 ) Weighted Average Number of Shares Outstanding, Basic and Diluted 18,998,211 - 18,998,211 Six months ended December 31, 2018 As reported Adjustment As restated Revenue 1,113,089 (543,024 ) 570,065 Cost of sales 480,177 115,339 595,516 Gross Profit (Loss) 632,912 (658,363 ) (25,451 ) Expenses Consulting fees 162,635 331,573 494,208 Depreciation 5,608 - 5,608 Directors' fees 131,534 - 131,534 General and administrative 43,988 (13,686 ) 30,302 Professional fees 60,032 - 60,032 Research and development 53,664 (53,664 ) - Rent 30,860 - 30,860 Salaries and benefits 481,045 (381,126 ) 99,919 Total Expenses 969,366 (116,903 ) 852,463 Net Loss (336,454 ) (541,460 ) (877,914 ) Comprehensive Income (Loss) Foreign currency translation gain 18,539 (6,423 ) 12,116 Comprehensive Loss (317,915 ) (547,883 ) (865,798 ) Loss Per Share, Basic and Diluted (0.02 ) (0.03 ) (0.05 ) Weighted Average Number of Shares Outstanding, Basic and Diluted 19,185,579 19,185,579 Six months ended December 31, 2017 As reported Adjustment As restated Revenue 630,404 (88,258 ) 542,146 Cost of sales 112,333 166,675 279,008 Gross Profit 518,071 (254,933 ) 263,138 Expenses Consulting fees - 180,000 180,000 Depreciation 5,848 (1 ) 5,847 Directors' fees 132,901 (12 ) 132,889 General and administrative 139,530 (10 ) 139,520 Professional fees 49,313 (4 ) 49,309 Rent 31,181 (3 ) 31,178 Salaries and benefits 449,720 (276,748 ) 172,972 Total Expenses 808,493 (96,778 ) 711,715 Loss from Operations (290,422 ) (158,155 ) (448,577 ) Other Income Other income 17,055 - 17,055 Loss before Income Taxes (273,367 ) (158,155 ) (431,522 ) Income tax expense (1,895 ) - (1,895 ) Net Loss (275,262 ) (158,155 ) (433,417 ) Comprehensive Income (Loss) Foreign currency translation gain 24,011 8,588 32,599 Comprehensive Loss (251,251 ) (149,567 ) (400,818 ) Loss Per Share, Basic and Diluted (0.01 ) (0.01 ) (0.02 ) Weighted Average Number of Shares Outstanding, Basic and Diluted 18,998,211 18,998,211
Schedule of consolidated statement of cash flows [Table Text Block]	Six months ended December 31, 2018 As reported Adjustment As restated Operating Activities Net loss (336,454 ) (541,460 ) (877,914 ) Adjustment to reconcile net loss to net cash used in operating activities: Depreciation 5,608 - 5,608 Changes in operating assets and liabilities: Accounts receivable 42,799 - 42,799 Contract assets 188,322 11,138 199,460 Prepaid expenses and deposits (1,529 ) 108,000 106,471 Accounts payable and accrued liabilities (24,997 ) 211,917 186,920 Deferred revenue (261,145 ) 348,732 87,587 Net Cash Used In Operating Activities (387,396 ) 138,327 (249,069 ) Investing Activities Purchase of property and equipment (3,248 ) - (3,248 ) Software development costs - (133,272 ) (133,272 ) Net Cash Used In Investing Activities (3,248 ) (133,272 ) (136,520 ) Financing Activities Proceeds from notes payable 232,747 - 232,747 Proceeds from advances from related parties 81,691 - 81,691 Net Cash Provided by Financing Activities 314,438 314,438 Effects of Foreign Exchange Rate Changes on Cash 18,555 (5,055 ) 13,500 Net Decrease in Cash (57,651 ) - (57,651 ) Cash, Beginning of Period 128,868 - 128,868 Cash, End of Period 71,217 - 71,217 Six months ended December 31, 2017 As reported Adjustment As restated Operating Activities Net loss (275,262 ) (158,155 ) (433,417 ) Adjustment to reconcile net loss to net cash used in operating activities: Depreciation 5,848 26 5,874 Changes in operating assets and liabilities: Accounts receivable 86,625 - 86,625 Deferred contract asset (2,138 ) (111,745 ) (113,883 ) Prepaid expenses and deposits (649,510 ) 182,817 (466,693 ) Accounts payable and accrued liabilities (5,870 ) - (5,870 ) Deferred revenue (200,617 ) 89,583 (111,034 ) Net Cash Used in Operating Activities (1,040,924 ) 2,526 (1,038,398 ) Investing Activities Purchase of property and equipment (5,848 ) (4,234 ) (10,082 ) Net Cash Used in Investing Activities (5,848 ) (4,234 ) (10,082 ) Financing Activities Proceeds from notes payable 561,925 (1,562 ) 560,363 Net Cash Provided by Financing Activities 561,925 (1,562 ) 560,363 Effects of Foreign Exchange Rate Changes on Cash 31,353 3,270 34,623 Net Decrease in Cash (453,494 ) - (453,494 ) Cash, Beginning of Period 585,840 - 585,840 Cash, End of Period 132,346 - 132,346

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Schedule of commitment of payments for services [Table Text Block]	Year ended $ June 30, 2019 480,000 June 30, 2020 720,000 June 30, 2021 160,000 1,360,000

Going Concern (Narrative) (Deta

Going Concern (Narrative) (Details) - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Going Concerns [Abstract]
Working capital deficiency	$ 738,798
Deficit	$ 2,473,761	$ 1,487,571

Significant Accounting Polici_3

Significant Accounting Policies (Narrative) (Details) - USD ($)		3 Months Ended	6 Months Ended
	Jul. 01, 2018	Dec. 31, 2018	Dec. 31, 2018
Accounting Policies [Abstract]
Cumulative effect adjustment amount	$ 179,527
Loss Per Share, Basic	$ 0.55
Loss Per Share, Diluted	$ 0.55
Unfulfilled performance obligations		$ 400,000	$ 400,000
Percentage of performance obligation		70%	70%
Revenue recognized and included in deferred revenue		$ 15,000	$ 30,000
Capitalized Computer Software Additions			$ 133,272

Significant Accounting Polici_4

Significant Accounting Policies- Schedule of adoption of new accounting guidance on revenue recognition (Details) - USD ($)	Dec. 31, 2018	Jul. 01, 2018	Jun. 30, 2018
Deferred contract costs	$ 0		$ 448,653
Contract assets	38,787		0
Deferred revenue	120,199		421,178
As Previously Stated [Member]
Deferred contract costs			448,653
Contract assets	0		0
Deferred revenue	160,033		$ 421,178
New Revenue Standard Adjustment [Member]
Deferred contract costs		$ (448,653)
Contract assets	38,787	238,247
Deferred revenue	(39,834)	$ (391,566)
ASC 606 [Member]
Deferred contract costs	0
Contract assets	238,247
Deferred revenue	$ 29,612

Acquisition of IBASE Technolo_3

Acquisition of IBASE Technology Private Limited (Narrative) (Details) - IBASE Technology Private Limited [Member]	1 Months Ended
	Dec. 28, 2018 shares
Number of shares issued under business acquisition	18,998,211
Converted instrument shares issued	1,821,410

Acquisition of IBASE Technolo_4

Acquisition of IBASE Technology Private Limited - Schedule of recognized identified assets acquired and liabilities assumed (Details) - IBASE Technology Private Limited [Member]	Dec. 31, 2018 USD ($)
Asset Acquisition [Line Items]
Accounts payable	$ (88,745)
Due to related parties	(199,058)
Net liabilities assumed	$ (287,803)

Property and Equipment - Schedu

Property and Equipment - Schedule of property and equipment (Details) - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Property, Plant and Equipment [Line Items]
Cost	$ 286,757
Accumulated Depreciation	274,105
Net Book Value	12,652	$ 15,028
Computer equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	230,770
Accumulated Depreciation	219,392
Net Book Value	11,378	13,432
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Cost	25,124
Accumulated Depreciation	24,231
Net Book Value	893	1,080
Office equipment [Member]
Property, Plant and Equipment [Line Items]
Cost	30,863
Accumulated Depreciation	30,482
Net Book Value	$ 381	$ 516

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018
Related Party Transactions [Abstract]
Due to shareholders	$ 516,427		$ 516,427		$ 235,678
Directors' fees	$ 65,589	$ 66,596	$ 131,534	$ 132,889

Notes Payable (Narrative) (Deta

Notes Payable (Narrative) (Details) - USD ($)	1 Months Ended
	Dec. 28, 2018	Dec. 31, 2018	Jun. 30, 2018
Short-Term Debt [Line Items]
Notes payable		$ 0	$ 1,406,522
IBASE Technology Private Limited [Member]
Short-Term Debt [Line Items]
Notes payable		$ 232,747	$ 1,406,522
Conversion price of debt			$ 0.9
Debt conversion shares issued	1,821,410
Debt convertible notes amount	$ 1,639,269

Common Stock (Narrative) (Detai

Common Stock (Narrative) (Details) - USD ($)	1 Months Ended	6 Months Ended
	Dec. 28, 2018	Dec. 31, 2018	Dec. 31, 2017
Common Stock [Line Items]
Shares issued upon conversion of notes payable		$ 1,639,269	$ 0
IBASE Technology Private Limited [Member]
Common Stock [Line Items]
Number of shares issued under business acquisition	18,998,211
Shares issued upon conversion of notes payable	$ 1,639,269
Shares issued pursuant to conversion of debt (shares)	1,821,410

Revenue - Schedule of revenue (

Revenue - Schedule of revenue (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Revenues	$ 195,892	$ 305,573	$ 570,065	$ 542,146
Subscription cloud services [Member]
Disaggregation of Revenue [Line Items]
Revenues	41,152	29,787	98,894	82,403
Custom software projects and licenses [Member]
Disaggregation of Revenue [Line Items]
Revenues	52,749	153,938	245,884	254,939
Product support services [Member]
Disaggregation of Revenue [Line Items]
Revenues	66,234	80,779	162,064	124,248
Service and change request [Member]
Disaggregation of Revenue [Line Items]
Revenues	(5,488)	0	18,424	0
Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	41,245	41,069	44,799	80,556
Goods transferred at a point in time [Member]
Disaggregation of Revenue [Line Items]
Revenues	35,757	43,469	63,223	124,248
Services transferred over time [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 160,135	$ 262,104	$ 506,842	$ 417,898

Restatement (Narrative) (Detail

Restatement (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net loss	$ (440,497)	$ (151,862)	$ (877,914)	$ (433,417)
As reported [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net loss	(410,960)	(25,833)	(336,454)	(275,262)
Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net loss	$ (29,537)	$ (126,029)	$ (541,460)	$ (158,155)

Restatement - Schedule of conso

Restatement - Schedule of consolidated balance sheet (Details) - USD ($)	Dec. 31, 2018	Jul. 01, 2018	Jun. 30, 2018
Current Assets
Cash	$ 71,217		$ 128,868
Accounts receivable, net	78,943		121,742
Contract assets	38,787		0
Prepaid expenses and deposits	93,273		199,744
Total Current Assets	282,220		899,007
Property and equipment, net	12,652		15,028
Software development	133,272		0
Total Assets	428,144		914,035
Current Liabilities
Accounts payable and accrued liabilities	384,392		108,726
Deferred revenue	120,199		421,178
Due to related parties	516,427		235,678
Total Liabilities	1,021,018		2,172,104
STOCKHOLDERS' DEFICIT
Common stock	30,490		18,998
Additional paid-in capital	1,798,471		170,694
Accumulated other comprehensive income	51,926		39,810
Deficit	(2,473,761)		(1,487,571)
Total Stockholders' Deficit	(592,874)		(1,258,069)
Total Liabilities and Stockholders' Deficit	428,144		914,035
As reported [Member]
Current Assets
Cash	71,217
Accounts receivable, net	78,943
Contract assets	0		0
Prepaid expenses and deposits	93,273
Total Current Assets	243,433
Property and equipment, net	12,652
Software development	0
Total Assets	256,085
Current Liabilities
Accounts payable and accrued liabilities	172,474
Deferred revenue	160,033		$ 421,178
Due to related parties	516,427
Total Liabilities	848,934
STOCKHOLDERS' DEFICIT
Common stock	30,490
Additional paid-in capital	1,798,471
Accumulated other comprehensive income	58,349
Deficit	(2,480,159)
Total Stockholders' Deficit	(592,849)
Total Liabilities and Stockholders' Deficit	256,085
Adjustment [Member]
Current Assets
Cash	0
Accounts receivable, net	0
Contract assets	38,787	$ 238,247
Prepaid expenses and deposits	0
Total Current Assets	38,787
Property and equipment, net	0
Software development	133,272
Total Assets	172,059
Current Liabilities
Accounts payable and accrued liabilities	211,918
Deferred revenue	(39,834)	$ (391,566)
Due to related parties	0
Total Liabilities	172,084
STOCKHOLDERS' DEFICIT
Common stock	0
Additional paid-in capital	0
Accumulated other comprehensive income	(6,423)
Deficit	6,398
Total Stockholders' Deficit	(25)
Total Liabilities and Stockholders' Deficit	$ 172,059

Restatement - Schedule of con_2

Restatement - Schedule of consolidated statement of operations and comprehensive loss (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue	$ 195,892	$ 305,573	$ 570,065	$ 542,146
Cost of sales	206,007	117,060	595,516	279,008
Gross Profit (Loss)	(10,115)	188,513	(25,451)	263,138
Expenses
Consulting fees	254,208	90,000	494,208	180,000
Depreciation	2,887	3,642	5,608	5,847
Directors' fees	65,589	66,596	131,534	132,889
General and administrative	18,413	77,283	30,302	139,520
Professional fees	29,107	15,206	60,032	49,309
Research and development	0		0
Rent	15,388	15,624	30,860	31,178
Salaries and benefits	44,790	87,184	99,919	172,972
Total Expenses	430,382	355,535	852,463	711,715
Loss from Operations	(440,497)	(167,022)	(877,914)	(448,577)
Other Income
Other income	0	17,055	0	17,055
Loss before Income Taxes	(440,497)	(149,967)	(877,914)	(431,522)
Income tax expense	0	(1,895)	0	(1,895)
Net loss	(440,497)	(151,862)	(877,914)	(433,417)
Comprehensive income (loss)
Foreign currency translation gain	9,815	2,257	12,116	32,599
Comprehensive Loss	$ (430,682)	$ (149,605)	$ (865,798)	$ (400,818)
Loss Per Share, Basic	$ (0.02)	$ (0.01)	$ (0.05)	$ (0.02)
Loss Per Share, Diluted	$ (0.02)	$ (0.01)	$ (0.05)	$ (0.02)
Weighted Average Number of Shares Outstanding, Basic	19,372,946	18,998,211	19,185,579	18,998,211
Weighted Average Number of Shares Outstanding, Diluted	19,372,946	18,998,211	19,185,579	18,998,211
As reported [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue	$ 244,935	$ 373,558	$ 1,113,089	$ 630,404
Cost of sales	103,303	40,143	480,177	112,333
Gross Profit (Loss)	141,632	333,415	632,912	518,071
Expenses
Consulting fees	153,181	0	162,635	0
Depreciation	2,761	3,454	5,608	5,848
Directors' fees	62,538	60,927	131,534	132,901
General and administrative	33,000	71,983	43,988	139,530
Professional fees	27,683	12,287	60,032	49,313
Research and development	28,773		53,664
Rent	14,672	14,295	30,860	31,181
Salaries and benefits	229,984	211,462	481,045	449,720
Total Expenses	552,592	374,408	969,366	808,493
Loss from Operations		(40,993)		(290,422)
Other Income
Other income		17,055		17,055
Loss before Income Taxes		(23,938)		(273,367)
Income tax expense		(1,895)		(1,895)
Net loss	(410,960)	(25,833)	(336,454)	(275,262)
Comprehensive income (loss)
Foreign currency translation gain	26,603	129,256	18,539	24,011
Comprehensive Loss	$ (384,357)	$ 103,423	$ (317,915)	$ (251,251)
Loss Per Share, Basic	$ (0.02)	$ 0	$ (0.02)	$ (0.01)
Loss Per Share, Diluted	$ (0.02)	$ 0	$ (0.02)	$ (0.01)
Weighted Average Number of Shares Outstanding, Basic	19,372,946	18,998,211	19,185,579	18,998,211
Weighted Average Number of Shares Outstanding, Diluted	19,372,946	18,998,211	19,185,579	18,998,211
Adjustment [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Revenue	$ (49,043)	$ (67,985)	$ (543,024)	$ (88,258)
Cost of sales	(102,704)	76,917	115,339	166,675
Gross Profit (Loss)	(151,747)	(144,902)	(658,363)	(254,933)
Expenses
Consulting fees	101,027	90,000	331,573	180,000
Depreciation	126	188	0	(1)
Directors' fees	3,051	5,669	0	(12)
General and administrative	(14,587)	5,300	(13,686)	(10)
Professional fees	1,424	2,919	0	(4)
Research and development	(28,773)		(53,664)
Rent	716	1,329	0	(3)
Salaries and benefits	(185,194)	(124,278)	(381,126)	(276,748)
Total Expenses	(122,210)	(18,873)	(116,903)	(96,778)
Loss from Operations		(126,029)		(158,155)
Other Income
Other income		0		0
Loss before Income Taxes		(126,029)		(158,155)
Income tax expense		0		0
Net loss	(29,537)	(126,029)	(541,460)	(158,155)
Comprehensive income (loss)
Foreign currency translation gain	(16,788)	(126,999)	(6,423)	8,588
Comprehensive Loss	$ (46,325)	$ (253,028)	$ (547,883)	$ (149,567)
Loss Per Share, Basic	$ 0	$ (0.01)	$ (0.03)	$ (0.01)
Loss Per Share, Diluted	$ 0	$ (0.01)	$ (0.03)	$ (0.01)
Weighted Average Number of Shares Outstanding, Basic	0	0
Weighted Average Number of Shares Outstanding, Diluted	0	0

Restatement - Schedule of con_3

Restatement - Schedule of consolidated statement of cash flows (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Operating Activities
Net Income (Loss) Attributable to Parent	$ (440,497)	$ (151,862)	$ (877,914)	$ (433,417)
Adjustment to reconcile net loss to net cash used in operating activities:
Depreciation			5,608	5,874
Changes in operating assets and liabilities:
Accounts receivable			42,799	86,625
Contract assets			199,460
Deferred contract costs			199,460	(113,883)
Prepaid expenses and deposits			106,471	(466,693)
Accounts payable and accrued liabilities			186,920	(5,870)
Deferred revenue			87,587	(111,034)
Net Cash Used in Operating Activities			(249,069)	(1,038,398)
Investing Activities
Purchase of property and equipment			(3,248)	(10,082)
Software development costs			(133,272)	0
Net Cash Used in Investing Activities			(136,520)	(10,082)
Financing Activities
Proceeds from notes payable			232,747	560,363
Proceeds from advances from related parties			81,691	0
Net Cash Provided by Financing Activities			314,438	560,363
Effects of Foreign Exchange Rate Changes on Cash			13,500	34,623
Net Decrease in Cash			(57,651)	(453,494)
Cash, Beginning of Period			128,868	585,840
Cash, End of Period	71,217	132,346	71,217	132,346
As reported [Member]
Operating Activities
Net Income (Loss) Attributable to Parent	(410,960)	(25,833)	(336,454)	(275,262)
Adjustment to reconcile net loss to net cash used in operating activities:
Depreciation			5,608	5,848
Changes in operating assets and liabilities:
Accounts receivable			42,799	86,625
Contract assets			188,322
Deferred contract costs				(2,138)
Prepaid expenses and deposits			(1,529)	(649,510)
Accounts payable and accrued liabilities			(24,997)	(5,870)
Deferred revenue			(261,145)	(200,617)
Net Cash Used in Operating Activities			(387,396)	(1,040,924)
Investing Activities
Purchase of property and equipment			(3,248)	(5,848)
Software development costs			0
Net Cash Used in Investing Activities			(3,248)	(5,848)
Financing Activities
Proceeds from notes payable			232,747	561,925
Proceeds from advances from related parties			81,691
Net Cash Provided by Financing Activities			314,438	561,925
Effects of Foreign Exchange Rate Changes on Cash			18,555	31,353
Net Decrease in Cash			(57,651)	(453,494)
Cash, Beginning of Period			128,868	585,840
Cash, End of Period	71,217	132,346	71,217	132,346
Adjustment [Member]
Operating Activities
Net Income (Loss) Attributable to Parent	(29,537)	(126,029)	(541,460)	(158,155)
Adjustment to reconcile net loss to net cash used in operating activities:
Depreciation			0	26
Changes in operating assets and liabilities:
Accounts receivable			0	0
Contract assets			11,138
Deferred contract costs				(111,745)
Prepaid expenses and deposits			108,000	182,817
Accounts payable and accrued liabilities			211,917	0
Deferred revenue			348,732	89,583
Net Cash Used in Operating Activities			138,327	2,526
Investing Activities
Purchase of property and equipment			0	(4,234)
Software development costs			(133,272)
Net Cash Used in Investing Activities			(133,272)	(4,234)
Financing Activities
Proceeds from notes payable			0	(1,562)
Proceeds from advances from related parties			0
Net Cash Provided by Financing Activities				(1,562)
Effects of Foreign Exchange Rate Changes on Cash			(5,055)	3,270
Net Decrease in Cash			0	0
Cash, Beginning of Period			0	0
Cash, End of Period	$ 0	$ 0	$ 0	$ 0

Commitment and Contingencies (N

Commitment and Contingencies (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Jun. 30, 2018
Other Commitments [Line Items]
Accounts payable and accrued liabilities	$ 384,392		$ 384,392		$ 108,726
Prepaid expenses	93,273		93,273		199,744
Consulting fees	254,208	$ 90,000	494,208	$ 180,000
IBASE Technology Private Limited [Member] | Consulting Services Agreement [Member]
Other Commitments [Line Items]
Accounts payable and accrued liabilities	$ 211,919		211,919
Prepaid expenses					108,000
Consulting fees			$ 180,000		$ 480,000

Commitments and Contingencies -

Commitments and Contingencies - Schedule of commitment of payments for services (Details) - IBASE Technology Private Limited [Member]	Dec. 31, 2018 USD ($)
Year ended
June 30, 2019	$ 480,000
June 30, 2020	720,000
June 30, 2021	160,000
Total Commitment	$ 1,360,000