XML 19 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Product and service revenue $ 2,050,838 $ 176,068
License revenue 511,607 85,714
Total revenue 2,562,445 261,782
Operating expenses    
Cost of sales 957,076 88,109
Research and development 6,127,772 3,219,361
Research and development - related party (Note 11) 191,991 203,992
Sales, general and administrative 8,517,592 3,980,974
Sales, general and administrative - related party (Note 11) 307,704 311,004
Impairment of intangible assets 7,500,000 0
Amortization of intangible assets 664,707 90,662
Total operating expenses 24,266,842 7,894,102
Loss from operations (21,704,397) (7,632,320)
Other (expense)    
Interest (expense) (5,491,486) (114,994)
Unrealized loss on investment (971,629) 0
Derivative (expense) (12,572) 0
Total other (expense) (6,475,687) (114,994)
Net loss, before income tax (28,180,084) (7,747,314)
Deferred income tax benefit 0 23,910
Net loss $ (28,180,084) $ (7,723,404)
Weighted average number of Aytu common shares outstanding (in shares) 1,741,137 767,326
Basic and diluted Aytu net loss per common share (in dollars per share) $ (16.18) $ (10.07)