Quarterly report pursuant to Section 13 or 15(d)

Income Taxes

v3.20.4
Income Taxes
6 Months Ended
Dec. 31, 2020
Income Taxes  
Income Taxes

16.   Income Taxes

The Company recorded no income tax expense for the six months ended December 31, 2020 and 2019 because the estimated annual effective tax rate was zero. As of September 30, 2020, the Company continues to provide a valuation allowance against its net deferred tax assets since the Company believes it is more likely than not that its deferred tax assets will not be realized.