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Statements of Operations - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Jun. 30, 2015
Jun. 30, 2014
Product and service revenue $ 447,786 $ 6,906 $ 913,742 $ 13,060 $ 176,068 $ 0
License revenue 21,428 21,429 42,857 42,858 85,714 58,929
Total revenue 469,214 28,335 956,599 55,918 261,782 58,929
Operating expenses            
Cost of sales 244,100 0 281,425 225 88,109 0
Research and development 1,308,460 789,967 2,164,334 1,723,720 3,219,361 3,933,619
Research and development - related party 47,998 53,998 95,996 107,996 203,992 125,587
Sales, general and administrative 1,774,167 749,837 3,425,971 1,863,416 4,382,640 2,346,557
Amortization of finite-lived intangible assets 108,489 17,697 165,936 35,394    
Total operating expenses 3,483,214 1,611,499 6,133,662 3,730,751    
Loss from operations (3,014,000) (1,583,164) (5,177,063) (3,674,833) (7,632,320) (6,346,834)
Other (expense) income            
Interest (expense) income (240,214) (37,547) (353,467) (74,849) (114,994) (45,553)
Derivative (expense) (78,166) 0 (78,038) 0    
Total other (expense) income (318,380) (37,547) (431,505) (74,849)    
Net loss, before income tax (3,332,380) (1,620,711) (5,608,568) (3,749,682) (7,747,314) (6,392,387)
Deferred income tax benefit 0 0 0 23,910 23,910 813,697
Net loss $ (3,332,380) $ (1,620,711) $ (5,608,568) $ (3,725,772) $ (7,723,404) $ (5,578,690)
Weighted average number of Aytu common shares outstanding 14,259,693 7,901,426 14,259,687 7,901,426 9,207,917 6,949,476
Basic and diluted Aytu net loss per common share $ (0.23) $ (0.21) $ (0.39) $ (0.47) $ (0.84) $ (0.80)