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Transition Period Comparable Information (Unaudited) (Tables) | 12 Months Ended
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Jun. 30, 2015
Transition Period Comparable Information (Unaudited) [Abstract] |
Schedule of financial Information |
|  | For the Twelve Months Ended June 30, |  |  | For the Six Months Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2014 |  |  | 2013 |
|  | (Unaudited) |  |  | (Unaudited) |
Statement of Operations Data: |  |  |  |  |  |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |
Research and development |  | $ | (7,872,397 | ) |  | $ | (5,380,077 | ) |  | $ | (839,959 | ) |  | $ | (708,551 | )
General and administrative |  |  | (9,226,883 | ) |  |  | (13,103,764 | ) |  |  | (12,106,859 | ) |  |  | (528,352 | )
Total operating expenses |  |  | (17,099,280 | ) |  |  | (18,483,841 | ) |  |  | (12,946,818 | ) |  |  | (1,236,903 | )
Loss from operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other (expenses) income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loss on change in fair value of derivative liabilities |  |  | (3,710,277 | ) |  |  | (8,971,343 | ) |  |  | (7,954,970 | ) |  |  | (11,861,302 | )
Interest income |  |  | 10,883 |  |  |  | 1,411 |  |  |  | 1,411 |  |  |  | - |
Interest expense |  |  | (4,922 | ) |  |  | (614,251 | ) |  |  | (435,611 | ) |  |  | (41,667 | )
Total other expenses |  |  | (3,704,316 | ) |  |  | (9,584,183 | ) |  |  | (8,389,170 | ) |  |  | (11,902,969 | )
Net loss |  | $ | (20,803,596 | ) |  | $ | (28,068,024 | ) |  | $ | (21,335,988 | ) |  | $ | (13,139,872 | )
Net loss per common share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
- basic and diluted |  | $ | (2.09 | ) |  | $ | (18.89 | ) |  | $ | (8.65 | ) |  | $ | (27.35 | )
Weighted average common shares outstanding |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
- basic and diluted |  |  | 9,941,156 |  |  |  | 1,486,126 |  |  |  | 2,466,466 |  |  |  | 480,477 |
Statements of Cash Flows Data: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net cash used in operations |  | $ | (16,226,728 | ) |  | $ | (7,213,709 | ) |  | $ | (2,164,254 | ) |  | $ | (992,190 | )
Net cash used in investing activities |  |  | (23,326 | ) |  |  | (11,740 | ) |  |  | (3,673 | ) |  |  | - |
Net cash provided by financing activities |  |  | 13,155,663 |  |  |  | 31,230,072 |  |  |  | 24,209,828 |  |  |  | 779,096 |
Increase (decrease) in cash and cash equivalents |  | $ | (3,094,391 | ) |  | $ | 24,004,623 |  |  | $ | 22,041,901 |  |  | $ | (213,094 | )

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- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306 + Details
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