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Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2016
Income Tax Disclosure [Abstract] |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | The following table reflects the reconciliation for the respective periods:
|  | Year Ended June 30, |
|  | 2016 |  |  | 2015 |
Benefit at statutory rate |  | $ | (9,581,229) |  |  | (34.00) | % |  | $ | (2,634,087) |  |  | (34.00) | %
State income taxes, net of federal benefit |  |  | (853,203) |  |  | (3.03) | % |  |  | (216,183) |  |  | (2.79) | %
Stock based compensation |  |  | 7,156 |  |  | 0.03 | % |  |  | 426,725 |  |  | 5.51 | %
Interest on convertible debt |  |  | 75,148 |  |  | 0.27 | % |  |  | - |  |  | 0.00 | %
Change in valuation allowance |  |  | 8,672,155 |  |  | 30.77 | % |  |  | 2,397,527 |  |  | 30.95 | %
Reduction of net operating losses upon deconsolidation |  |  | 1,674,110 |  |  | 5.94 | % |  |  | - |  |  | 0.00 | %
Other |  |  | 5,863 |  |  | 0.02 | % |  |  | 2,108 |  |  | 0.03 | %
Net income tax provision (benefit) |  | $ | - |  |  | 0.00 | % |  | $ | (23,910) |  |  | (0.30) | %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | The approximate tax effects of significant temporary differences which comprise the deferred tax assets and liabilities are as follows for the respective periods:
|  | 2016 |  | 2015 |
Deferred tax assets (liabilities): |  |  |  |  |  |  |
Deferred revenue |  | $ | - |  | $ | 190,000 |
Deferred rent |  |  | 5,000 |  |  | - |
Accrued expenses |  |  | 445,000 |  |  | 73,000 |
Net operating loss carry forward |  |  | 9,202,000 |  |  | 6,337,000 |
Intangibles |  |  | 606,000 |  |  | 453,000 |
Share-based coompensation |  |  | 327,000 |  |  | - |
Acquired in-process research and development |  |  | - |  |  | (2,779,000) |
Unrealized loss on investment |  |  | 360,000 |  |  | - |
Warrant liability |  |  | 153,000 |  |  | - |
Inventory |  |  | 192,000 |  |  | - |
Allowance for doubtful accounts |  |  | 15,000 |  |  | - |
Total deferred income tax assets (liabilities) |  |  | 11,305,000 |  |  | 4,274,000 |
Less: Valuation allowance |  |  | (11,305,000) |  |  | (4,274,000) |
Total deferred income tax assets (liabilities) |  | $ | - |  | $ | - |

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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32537-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=65882285&loc=d3e32687-109319 + Details
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