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Statements of Operations - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Jun. 30, 2016
Jun. 30, 2015
Product and service revenue $ 794,172 $ 447,786 $ 1,492,152 $ 913,742 $ 2,050,838 $ 176,068
License revenue 0 21,428 0 42,857 511,607 85,714
Total revenue 794,172 469,214 1,492,152 956,599 2,562,445 261,782
Operating expenses            
Cost of sales 551,293 244,100 743,217 281,425 957,076 88,109
Research and development 263,457 1,308,460 495,479 2,164,334 6,127,772 3,219,361
Research and development - related party 47,998 47,998 95,996 95,996 191,991 203,992
Sales, general and administrative 3,642,332 1,687,724 9,347,082 3,250,903 8,517,592 3,980,974
Sales, general and administrative - related party 50,772 86,443 101,544 175,068 307,704 311,004
Amortization of finite-lived intangible assets 437,014 108,489 874,029 165,936    
Impairment of intangible assets         7,500,000 0
Amortization of intangible assets         664,707 90,662
Total operating expenses 4,992,866 3,483,214 11,657,347 6,133,662 24,266,842 7,894,102
Loss from operations (4,198,694) (3,014,000) (10,165,195) (5,177,063) (21,704,397) (7,632,320)
Other (expense) income            
Interest (expense) (388,085) (240,214) (803,465) (353,467) (5,491,486) (114,994)
Derivative income (expense) 266,757 (78,166) 196,148 (78,038) (12,572) 0
Unrealized (loss) gain on investment (497,164) 0 230,936 0 (971,629) 0
Total other (expense) income (618,492) (318,380) (376,381) (431,505) (6,475,687) (114,994)
Net loss, before income tax (4,817,186) (3,332,380) (10,541,576) (5,608,568) (28,180,084) (7,747,314)
Deferred income tax benefit         0 23,910
Net loss $ (4,817,186) $ (3,332,380) $ (10,541,576) $ (5,608,568) $ (28,180,084) $ (7,723,404)
Weighted average number of Aytu common shares outstanding 7,850,790 1,188,308 5,910,910 1,188,308 1,741,137 767,326
Basic and diluted Aytu net loss per common share $ (0.61) $ (2.80) $ (1.78) $ (4.72) $ (16.18) $ (10.07)