XML 40 R27.htm IDEA: XBRL DOCUMENT v3.3.1.900

Fixed Assets (Tables)

6 Months Ended

12 Months Ended

Dec. 31, 2015

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Fixed assets consist of the following:

		Estimated		As of December 31,			As of June 30,
		Useful Lives in years		2015			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

Fixed Assets

Fixed assets are recorded at cost. After being placed in service, the fixed assets are depreciated using the straight-line method over estimated useful lives. Fixed assets consist of the following:

		Estimated		June 30,
		Useful Lives in years		2015			2014
Lab equipment		3 - 5			90,000			90,000
Less accumulated depreciation					(60,000)			(33,000)
Fixed assets, net				$	30,000		$	57,000

Aytu recorded the following depreciation expense in the respective periods:

		Year Ended June 30,
		2015			2014
Depreciation expense		$	27,000		$	27,000

X

- References

No definition available.

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.13)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 13
-Subparagraph b
-Article 5

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration