Fixed Assets (Tables)

6 Months Ended

12 Months Ended

Dec. 31, 2016

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Table Text Block]

Fixed assets are recorded at cost and, once placed in service, are depreciated on the straight-line method over the estimated useful lives. Fixed assets consist of the following:

	Estimated		As of December 31,		As of June 30,
	Useful Lives in years		2016		2016

Office equipment and furniture		3 - 5	$	240,000	$	201,000
Leasehold improvements		3		112,000		45,000
Lab equipment		3 - 5		90,000		90,000
Manufacturing equipment		5		7,000		7,000
Less accumulated depreciation and amortization				(157,000)		(112,000)
Fixed assets, net			$	292,000	$	231,000

Fixed assets consist of the following:

	Estimated	June 30,
	Useful Lives in years	2016		2015

Office equipment and furniture	3 - 5	$	201,000	$	-
Lab equipment	3 - 5		90,000		90,000
Leasehold improvements	3		45,000		-
Manufacturing equipment	5		7,000		-
Less accumulated depreciation and amortization			(112,000)		(60,000)

Fixed assets, net		$	231,000	$	30,000

Aytu recorded the following depreciation expense in the respective periods:

	Year Ended June 30,
	2016		2015

Depreciation expense	$	51,000	$	27,000