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v3.5.0.2

Statements of Operations - USD ($) | 3 Months Ended
--- | ---
Sep. 30, 2016 | Sep. 30, 2015
Product and service revenue | $ 697,980 | $ 465,956
License revenue | 0 | 21,429
Total revenue | 697,980 | 487,385
Operating expenses |  |
Cost of sales | 191,924 | 37,325
Research and development | 232,022 | 855,874
Research and development - related party (Note 10) | 47,998 | 47,998
Sales, general and administrative | 5,704,750 | 1,563,179
Sales, general and administrative - related party (Note 10) | 50,772 | 88,625
Amortization of intangible assets | 437,014 | 57,447
Total operating expenses | 6,664,480 | 2,650,448
Loss from operations | (5,966,500) | (2,163,063)
Other income (expense) |  |
Interest (expense) | (415,381) | (113,253)
Derivative (expense) income | (70,609) | 128
Unrealized gain on investment | 728,100 | 0
Total other income (expense) | 242,110 | (113,125)
Net loss | $ (5,724,390) | $ (2,276,188)
Weighted average number of Aytu common shares outstanding (in shares) | 4,898,748 | 1,188,307
Basic and diluted Aytu net loss per common share (in dollars per share) | $ (1.17) | $ (1.92)

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