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Acquisition of ISP Optics Corporation (Details Narrative) - USD ($) |  | 6 Months Ended |
--- | --- | --- | ---
Dec. 21, 2016 | Dec. 31, 2016 | Dec. 19, 2016
Interest acquired | 100.00% |  |
Acquisition related costs | $ 125,000 |  |
Stock issuance costs | 950,000 |  |
Acquired intangible assets |  | $ 10,759,000 |
Proceeds from equity offering, net of costs |  | $ 8,731,850 |
ISP Optics Corp [Member] |  |  |
Fair value of consideration transfereed | 18,397,255 |  |
Acquisition related costs |  |  | $ 609,000
Acquired intangible assets | 10,800,000 |  |
Amount payable |  |  | 8,000
Amount receivable |  |  | $ 24,500
Proceeds from equity offering, net of costs | $ 8,750,000 |  |
Proceeds from equity offering, net of costs, shares | 8,000,000 |  |
Increase in basis of acquired basis of intangible assets | $ 2,532,824 |  |
Increase in basis of acquired basis of inventory | 153,132 |  |
ISP Optics Corp [Member] | Customer Relationships [Member] |  |  |
Acquired intangible assets | $ 5,633,000 |  |
Acquired intangible assets - useful life | 15 years |  |
ISP Optics Corp [Member] | Noncompete Agreement [Member] |  |  |
Acquired intangible assets | $ 29,000 |  |
Acquired intangible assets - useful life | 3 years |  |
ISP Optics Corp [Member] | Backlog [Member] |  |  |
Acquired intangible assets | $ 261,000 |  |
Acquired intangible assets - useful life | 2 years |  |
ISP Optics Corp [Member] | Trademark [Member] |  |  |
Acquired intangible assets | $ 2,290,000 |  |
Acquired intangible assets - useful life | 8 years |  |
ISP Optics Corp [Member] | Trade Secrets [Member] |  |  |
Acquired intangible assets | $ 2,546,000 |  |
Acquired intangible assets - useful life | 8 years |  |
ISP Optics Corp [Member] | Acquisition Term Loan AvidBank [Member] |  |  |
Face amount of debt | $ 5,000,000 |  |
ISP Optics Corp [Member] | Sellers Note [Member] |  |  |
Face amount of debt | $ 6,000,000 |  |
Interest rate | 10.00% |  |
Default interest rate | 12.00% |  |

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