XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Balance Sheets - USD ($)
Sep. 30, 2018
Jun. 30, 2018
CURRENT ASSETS:    
Cash and cash equivalents $ 6,082,365 $ 7,081,771
Prepaid expenses 201,532 240,257
Total Current Assets 6,283,897 7,322,028
PROPERTY AND EQUIPMENT    
Property and equipment 14,055,637 14,018,383
Accumulated depreciation (3,348,610) (3,177,290)
Property and equipment, net 10,707,027 10,841,093
TRADEMARK AND PATENTS    
Trademark and patents 458,954 458,954
Accumulated amortization (86,094) (84,025)
Trademark and patents, net 372,860 374,929
OTHER ASSETS    
Security deposits 3,515 3,515
Service agreements 3,222 4,647
Other Assets 6,737 8,162
Total Assets 17,370,521 18,546,212
CURRENT LIABILITIES:    
Accounts payable 320,097 223,339
Accounts payable – related party 718,457 107,468
Accrued expenses 231,175 253,049
Total Current Liabilities 1,392,270 881,948
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY:    
Common stock, $0.001 par value; 150,000,000 shares authorized, 69,382,560 and 69,171,740 shares issued and outstanding at September 30, 2018 and June 30, 2018, respectively 69,383 69,172
Additional paid-in capital 101,437,413 101,282,707
Accumulated deficit (85,533,609) (83,692,146)
Total Stockholders' Equity 15,978,251 17,664,264
Total Liabilities and Stockholders' Equity 17,370,521 18,546,212
Warrant [Member]    
CURRENT LIABILITIES:    
Derivative liability - warrants 122,541 298,092
Series A Convertible Preferred Stock [Member]    
STOCKHOLDERS' EQUITY:    
Series A Convertible Preferred stock, $0.001 par value, 8,500,000 shares designated, 5,064,110 and 4,531,394 shares issued and outstanding, at September 30, 2018 and June 30, 2018, respectively $ 5,064 $ 4,531