Common Stock	3 Months Ended
Sep. 30, 2017
Common Stock/Equity Instruments [Abstract]
Common Stock	Note 7 – Common Stock *Capital Stock / Restricted Stock* At September 30, 2017 and June 30, 2017, Aytu had 4,224,840 and 824,831 common shares outstanding, respectively, and 2,250 and 0 preferred shares outstanding, respectively. The Company has 100.0 million shares of common stock authorized with a par value of $0.0001 per share and 50.0 million shares of preferred stock authorized with a par value of $0.0001 per share, of which 10,000 were designated Series A Convertible Preferred Stock. Included in the common stock outstanding are 243,000 shares of restricted stock issued to employees and directors. On August 11, 2017, we entered into a Securities Purchase Agreement with various investors pursuant to which we agreed to sell Class A and Class B equity units for gross proceeds of approximately $11.8 million. Class A units consist of one (1) share of common stock and a warrant to purchase one and one-half (1.5) shares of common stock and were sold at a negotiated price of $3.00 per unit. Class B units consist of one (1) share of our newly created Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and warrants to purchase one and one-half (1.5) shares of common stock for each share of common stock into which the Series A Preferred Stock is convertible and were sold at a negotiated price of $1,000.00 per unit to those purchasers who, together with their affiliates and certain related parties, would beneficially own more than 9.99% of our outstanding common stock following the offering. These Series A Preferred stock converts into common shares at $3.00 per common share, which when fully exercised will increase the common shares outstanding by 750,000 shares. The offering closed on August 15, 2017. In the offering, we issued an aggregate of 3,196,665 shares of our common stock, 2,250 shares of Series A Preferred Stock and warrants to purchase up to an aggregate of 6,314,671 shares of our common stock, which included 394,669 warrants issued to the underwriters as compensation for the transaction. We incurred certain expenses related to this transaction to attorneys and underwriters inclusive of a 9% cash fee and warrants to purchase 10% of the aggregate number of shares issued in the transaction. In connection with the closing of the financing, we terminated the Purchase Agreement, dated as of July 27, 2016, by and between us and Lincoln Park Capital Fund, LLC. The termination was effective on August 16, 2017. In September 2017, Aytu issued 200,000 shares of restricted stock to employees, which vest in September 2027. This expense is included in sales, general and administrative. For the three months ended September 30, 2017, the expense was $2,000. The fair value of the restricted stock was $404,000. The unrecognized expense of $402,000 will be recognized over the next ten years. Aytu also has 43,000 shares of restricted stock outstanding and unvested which were not issued out of the 2015 Stock Option and Inventive Plan. These shares vest in July 2026 and the unrecognized expense of $2,435,000 will be recognized over the next ten years. During the quarter ended September 30, 2017, the expense related to these awards was $70,000. In September 2017, Aytu issued 3,018 shares of common stocks as the earn-out payment to Nuelle Shareholders for fiscal 2017. (See Note 1).

Note 7 – Common Stock

Capital Stock / Restricted Stock

At September 30, 2017 and June 30, 2017, Aytu had 4,224,840 and 824,831 common shares outstanding, respectively, and 2,250 and 0 preferred shares outstanding, respectively. The Company has 100.0 million shares of common stock authorized with a par value of $0.0001 per share and 50.0 million shares of preferred stock authorized with a par value of $0.0001 per share, of which 10,000 were designated Series A Convertible Preferred Stock. Included in the common stock outstanding are 243,000 shares of restricted stock issued to employees and directors.

On August 11, 2017, we entered into a Securities Purchase Agreement with various investors pursuant to which we agreed to sell Class A and Class B equity units for gross proceeds of approximately $11.8 million. Class A units consist of one (1) share of common stock and a warrant to purchase one and one-half (1.5) shares of common stock and were sold at a negotiated price of $3.00 per unit. Class B units consist of one (1) share of our newly created Series A Convertible Preferred Stock (the “Series A Preferred Stock”) and warrants to purchase one and one-half (1.5) shares of common stock for each share of common stock into which the Series A Preferred Stock is convertible and were sold at a negotiated price of $1,000.00 per unit to those purchasers who, together with their affiliates and certain related parties, would beneficially own more than 9.99% of our outstanding common stock following the offering. These Series A Preferred stock converts into common shares at $3.00 per common share, which when fully exercised will increase the common shares outstanding by 750,000 shares. The offering closed on August 15, 2017.

In the offering, we issued an aggregate of 3,196,665 shares of our common stock, 2,250 shares of Series A Preferred Stock and warrants to purchase up to an aggregate of 6,314,671 shares of our common stock, which included 394,669 warrants issued to the underwriters as compensation for the transaction.

We incurred certain expenses related to this transaction to attorneys and underwriters inclusive of a 9% cash fee and warrants to purchase 10% of the aggregate number of shares issued in the transaction.

In connection with the closing of the financing, we terminated the Purchase Agreement, dated as of July 27, 2016, by and between us and Lincoln Park Capital Fund, LLC. The termination was effective on August 16, 2017.

In September 2017, Aytu issued 200,000 shares of restricted stock to employees, which vest in September 2027. This expense is included in sales, general and administrative. For the three months ended September 30, 2017, the expense was $2,000. The fair value of the restricted stock was $404,000. The unrecognized expense of $402,000 will be recognized over the next ten years.

Aytu also has 43,000 shares of restricted stock outstanding and unvested which were not issued out of the 2015 Stock Option and Inventive Plan. These shares vest in July 2026 and the unrecognized expense of $2,435,000 will be recognized over the next ten years. During the quarter ended September 30, 2017, the expense related to these awards was $70,000.

In September 2017, Aytu issued 3,018 shares of common stocks as the earn-out payment to Nuelle Shareholders for fiscal 2017. (See Note 1).