XML 13 R35.htm IDEA: XBRL DOCUMENT
v3.19.2

Income Taxes (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2019
Income Tax Disclosure [Abstract] |
Schedule of Effective Income Tax Rate Reconciliation |
|  | June 30, |
|  | 2019 |  |  | 2018 |
Benefit at statutory rate |  |  | (5,698,000 | ) |  |  | -21.00 | % |  |  | (2,807,000 | ) |  |  | -12.47 | %
State income taxes, net of federal benefit |  |  | (1,077,000 | ) |  |  | -3.97 | % |  |  | (585,000 | ) |  |  | -2.60 | %
Stock based compensation |  |  | 3,000 |  |  |  | 0.01 | % |  |  | 22,000 |  |  |  | 0.10 | %
Contingent consideration |  |  | - |  |  |  | 0.00 | % |  |  | (465,000 | ) |  |  | -2.07 | %
Change in tax rate |  |  | 12,000 |  |  |  | 0.04 | % |  |  | (31,000 | ) |  |  | -0.14 | %
Remeasurement of deferred taxes |  |  | - |  |  |  | 0.00 | % |  |  | 6,648,000 |  |  |  | 29.54 | %
Effect of phased-in tax rate |  |  | - |  |  |  | 0.00 | % |  |  | 891,000 |  |  |  | 3.96 | %
Change in valuation allowance |  |  | 6,584,000 |  |  |  | 24.27 | % |  |  | (2,745,000 | ) |  |  | -12.20 | %
Derivative income |  |  | (16,000 | ) |  |  | -0.06 | % |  |  | (1,029,000 | ) |  |  | -4.57 | %
Other |  |  | 192,000 |  |  |  | 0.72 | % |  |  | 101,000 |  |  |  | 0.45 | %
Net income tax provision (benefit) |  |  | - |  |  |  | 0.00 | % |  |  | - |  |  |  | 0.00 | %
Schedule of Deferred Tax Assets and Liabilities |
|  | June 30, |
|  | 2019 |  |  | 2018 |
Deferred tax assets (liabilities): |  |  |  |  |  |
Accrued expenses |  |  | 234,000 |  |  |  | 136,000 |
Net operating loss carry forward |  |  | 18,085,000 |  |  |  | 14,458,000 |
Intangibles |  |  | 3,377,000 |  |  |  | 651,000 |
Share-based compensation |  |  | 1,210,000 |  |  |  | 1,044,000 |
Fixed assets |  |  | 86,000 |  |  |  | 139,000 |
Capital loss carry forward |  |  | 203,000 |  |  |  | 204,000 |
Contribution carry forward |  |  | 31,000 |  |  |  | 29,000 |
Warrant liability |  |  | 51,000 |  |  |  | 53,000 |
Inventory |  |  | 25,000 |  |  |  | 4,000 |
Total deferred income tax assets |  |  | 23,302,000 |  |  |  | 16,718,000 |
Less: Valuation allowance |  |  | (23,302,000 | ) |  |  | (16,718,000 | )
Net deferred income tax assets |  |  | - |  |  |  | - |

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration