XML 32 R22.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fixed Assets (Tables)
6 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]
Fixed assets consist of the following:
 
 
 
Estimated 
Useful Lives in years
 
As of December 31,
2015
 
As of June 30,
2015
 
 
 
 
 
 
 
 
 
 
 
Office equipment and furniture
 
3 - 5
 
$
108,000
 
$
-
 
Lab equipment
 
3 - 5
 
 
90,000
 
 
90,000
 
Leasehold improvements
 
3
 
 
18,000
 
 
-
 
Manufacturing equipment
 
5
 
 
7,000
 
 
-
 
Less accumulated depreciation and amortization
 
 
 
 
(79,000)
 
 
(60,000)
 
 
 
 
 
 
 
 
 
 
 
Fixed assets, net
 
 
 
$
144,000
 
$
30,000