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Derivative Liabilities (Details) - Initial Valuation [Member] - $ / shares
 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Common stock issuable upon exercise of warrants 2,574,570 2,574,570
Market value of common stock on measurement date [1] $ 2.28 $ 10.15
Risk free interest rate [2] 0.71% 1.60%
Expected life in years 2 years 11 months 12 days 3 years 10 months 24 days
Expected volatility [3] 75.00% 70.00%
Expected dividend yields [4]
Maximum [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Exercise price $ 11.25 $ 11.25
Minimum [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Exercise price $ 7.50 $ 7.50
[1] Quoted market value of the common stock, reflects a one-for-five reverse stock split.
[2] The risk-free interest rate was determined by management using the applicable Treasury Bill interest rate as of the measurement date, when applicable.
[3] The historical trading volatility was determined by calculating the volatility of the Company's peer group.
[4] The Company does not expect to pay a dividend in the foreseeable future.