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Statements of Operations - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Jun. 30, 2015
Jun. 30, 2014
Product and service revenue $ 647,112 $ 2,400 $ 1,560,854 $ 15,460 $ 176,068 $ 0
License revenue 21,429 21,429 64,286 64,286 85,714 58,929
Total revenue 668,541 23,829 1,625,140 79,746 261,782 58,929
Operating expenses            
Cost of sales 340,796 0 622,222 0 88,109 0
Research and development 1,143,676 694,180 3,308,009 2,418,125 3,219,361 3,933,619
Research and development - related party 47,998 47,998 143,994 155,994 203,992 125,587
Sales, general and administrative 2,244,747 1,070,091 5,670,718 2,933,506 4,382,640 2,346,557
Amortization of finite-lived intangible assets 118,697 17,697 284,633 53,091    
Total operating expenses 3,895,914 1,829,966 10,029,576 5,560,716    
Loss from operations (3,227,373) (1,806,137) (8,404,436) (5,480,970) (7,632,320) (6,346,834)
Interest (expense) income         (114,994) (45,553)
Other (expense) income            
Interest (expense) (4,074,668) (36,052) (4,428,136) (110,900)    
Derivative income (expense) 27,983 0 (50,054) 0    
Total other (expense) (4,046,685) (36,052) (4,478,190) (110,900)    
Net loss, before income tax (7,274,058) (1,842,189) (12,882,626) (5,591,870) (7,747,314) (6,392,387)
Deferred income tax benefit 0 0 0 23,910 23,910 813,697
Net loss $ (7,274,058) $ (1,842,189) $ (12,882,626) $ (5,567,960) $ (7,723,404) $ (5,578,690)
Weighted average number of Aytu common shares outstanding (in shares) 18,828,934 7,901,426 15,771,692 7,901,426 9,207,917 6,949,476
Basic and diluted Aytu net loss per common share (in dollars per share) $ (0.39) $ (0.23) $ (0.82) $ (0.70) $ (0.84) $ (0.80)