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Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Jun. 30, 2016
Current assets    
Cash and cash equivalents $ 802,328 $ 8,054,190
Restricted cash 75,214 0
Accounts receivable, net 528,039 162,427
Inventory, net 1,312,221 524,707
Prepaid expenses and other 310,760 215,558
Prepaid research and development - related party (Note 11) 0 121,983
Investment in Acerus 0 1,041,362
Total current assets 3,028,562 10,120,227
Fixed assets, net 647,254 231,430
Developed technology, net 1,337,333 1,159,736
Customer contracts, net 77,667 1,353,375
Trade names, net 164,037 194,472
Natesto asset 9,231,072 10,549,797
Goodwill 238,426 221,000
Patents, net 271,278 296,611
Long-term portion of prepaid research and development - related party (Note 11) 0 213,471
Deposits 2,888 2,888
Total long-term assets 11,969,955 14,222,780
Total assets 14,998,517 24,343,007
Current liabilities    
Accounts payable and other 2,220,400 2,322,605
Accrued liabilities 782,536 1,197,106
Natesto payable 0 5,379,675
Accrued compensation 339,704 1,200,930
Deferred rent 6,673 4,109
Current contingent consideration 261,155 0
Total current liabilities 3,610,468 10,104,425
Contingent consideration 7,386,782 3,869,122
Deferred rent 1,451 8,215
Warrant derivative liability 0 275,992
Total liabilities 10,998,701 14,257,754
Commitments and contingencies (Note 7)
Stockholders' equity    
Preferred Stock, par value $.0001; 50,000,000 shares authorized; none issued 0 0
Common Stock, par value $.0001; 100,000,000 shares authorized; shares issued and outstanding 824,831 in 2017 and 187,098 in 2016 82 19
Additional paid-in capital 73,069,463 56,646,659
Ampio stock subscription 0 0
Accumulated deficit (69,069,729) (46,561,425)
Total stockholders' equity 3,999,816 10,085,253
Total liabilities and stockholders' equity $ 14,998,517 $ 24,343,007