XML 12 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2017
Jun. 30, 2017
Current assets    
Cash and cash equivalents $ 7,021,527 $ 802,328
Restricted cash 75,371 75,214
Accounts receivable, net 1,211,845 528,039
Inventory, net 1,171,260 1,312,221
Prepaid expenses and other 262,057 310,760
Total current assets 9,742,060 3,028,562
Fixed assets, net 566,913 647,254
Developed technology, net 1,294,306 1,337,333
Customer contracts, net 76,667 77,667
Trade names, net 158,238 164,037
Natesto asset, net 8,901,391 9,231,072
Goodwill 238,426 238,426
Patents, net 264,944 271,278
Deposits 2,888 2,888
Total long-term assets 11,503,773 11,969,955
Total assets 21,245,833 14,998,517
Current liabilities    
Accounts payable and other 1,660,764 2,220,400
Accrued liabilities 903,386 782,536
Accrued compensation 680,545 339,704
Deferred rent 6,455 6,673
Current contingent consideration 257,036 261,155
Total current liabilities 3,508,186 3,610,468
Long-term contingent consideration 7,566,443 7,386,782
Deferred rent 1,451
Warrant derivative liability 3,818,263
Total liabilities 14,892,892 10,998,701
Commitments and contingencies (Note 6)
Stockholders' equity    
Preferred Stock, par value $.0001; 50,000,000 shares authorized; shares issued and outstanding 2,250 (unaudited) and 0, respectively as of September 30, 2017 and June 30, 2017 1
Common Stock, par value $.0001; 100,000,000 shares authorized; shares issued and outstanding 4,224,840 (unaudited) and 824,831, respectively as of September 30, 2017 and June 30, 2017 422 82
Additional paid-in capital 79,667,289 73,069,463
Accumulated deficit (73,314,771) (69,069,729)
Total stockholders' equity 6,352,941 3,999,816
Total liabilities and stockholders' equity $ 21,245,833 $ 14,998,517