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Consolidated Balance Sheets - USD ($)
Jun. 30, 2015
Jun. 30, 2014
Current assets:    
Cash and cash equivalents $ 22,469,960 $ 25,564,351
Prepaid expenses 1,497,911 178,158
Total current assets 23,967,871 25,742,509
Fixed assets, net of accumulated depreciation 23,911 9,841
Other assets 400,825 12,100
Total assets 24,392,607 25,764,450
Current liabilities:    
Accounts payable 835,285 746,098
Accrued expenses 482,267 382,023
Note payable 263,752 58,357
Derivative liabilities 14,001,369 25,586,933
Total current liabilities $ 15,582,673 26,773,411
Long-term liability - accrued expense   100,000
Total liabilities $ 15,582,673 $ 26,873,411
Commitments and contingencies    
Stockholders' equity (deficit):    
Preferred stock, value    
Common stock, $0.001 par value, 100,000,000 shares authorized, 10,778,474 and 8,058,843 shares issued and outstanding, respectively $ 10,778 $ 8,059
Additional paid-in capital 84,921,327 54,200,960
Accumulated deficit (76,122,243) (55,318,647)
Total stockholders' equity (deficit) 8,809,934 (1,108,961)
Total liabilities and stockholders' equity (deficit) 24,392,607 25,764,450
Class A convertible preferred stock    
Stockholders' equity (deficit):    
Preferred stock, value $ 72 $ 667