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Equity Incentive Plan (Tables) | 12 Months Ended
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Jun. 30, 2019
Share-based Payment Arrangement [Abstract] |
Schedule of significant assumptions used in valuing options/warrants issued |
|  | As of June 30, 2019 |
Expected volatility |  |  | 164.0 | %
Expected term (years) |  |  | 5.00 |
Risk-free interest rate |  |  | 2.99 | %
Dividend yield |  |  | 0.00 | %
Schedule of stock option activity |
|  | Number of Options |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life in Years |
Outstanding June 30, 2017 |  |  | 1,947 |  |  | $ | 326.20 |  |  |  | 8.40 |
Granted |  |  | – |  |  |  | – |  |  |  |  |
Exercised |  |  | – |  |  |  | – |  |  |  |  |
Forfeited/Cancelled |  |  | (149 | ) |  |  | 328.00 |  |  |  |  |
Outstanding June 30, 2018 |  |  | 1,798 |  |  |  | 325.97 |  |  |  | 6.95 |
Granted |  |  | 75,000 |  |  |  | 1.00 |  |  |  |  |
Exercised |  |  | – |  |  |  | – |  |  |  |  |
Forfeited/Cancelled |  |  | (75,036 | ) |  |  | 1.16 |  |  |  |  |
Expired |  |  | (155 | ) |  |  | 328.00 |  |  |  |  |
Outstanding June 30, 2019 |  |  | 1,607 |  |  |  | 325.73 |  |  |  | 6.13 |
Exercisable at June 30, 2019 |  |  | 1,471 |  |  | $ | 325.52 |  |  |  | 6.07 |
The following table details the options outstanding at June 30, 2019 by range of exercise prices:
| Range of Exercise Prices |  |  | Number of Options Outstanding |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life of Options Outstanding |  |  | Number of Options Exercisable |  |  | Weighted Average Exercise Price |
| $ | 280.00 |  |  |  | 76 |  |  | $ | 280.00 |  |  |  | 7.85 |  |  |  | 76 |  |  | $ | 280.00 |
| $ | 328.00 |  |  |  | 1,531 |  |  | $ | 328.00 |  |  |  | 6.05 |  |  |  | 1,395 |  |  | $ | 328.00 |
|  |  | 1,607 |  |  | $ | 325.73 |  |  |  | 6.13 |  |  |  | 1,471 |  |  | $ | 325.52 |  |  |  |
Schedule of restricted stock activity |
|  | Number of Shares |  |  | Weighted Average Grant Date Fair Value |  |  | Weighted Average Remaining Contractual Life in Years |
Unvested at June 30, 2017 |  |  | – |  |  | $ | – |  |  |  | – |
Granted |  |  | 39,150 |  |  | $ | 39.80 |  |  |  |  |
Vested |  |  | – |  |  | $ | 40.40 |  |  |  |  |
Forfeited |  |  | (1,950 | ) |  | $ | 40.40 |  |  |  |  |
Unvested at June 30, 2018 |  |  | 37,200 |  |  | $ | 39.80 |  |  |  | 9.4 |
Granted |  |  | 2,772,022 |  |  | $ | 1.30 |  |  |  |  |
Vested |  |  | – |  |  |  | – |  |  |  |  |
Forfeited |  |  | (463,008 | ) |  | $ | 1.23 |  |  |  |  |
Unvested at June 30, 2019 |  |  | 2,346,214 |  |  | $ | 1.83 |  |  |  | 9.1 |
Schedule of stock-based compensation expense |
Selling, general and administrative: |  | 2019 |  |  | 2018 |
Stock options |  | $ | 125,000 |  |  | $ | 349,000 |
Restricted stock |  |  | 897,000 |  |  |  | 248,000 |
Total stock-based compensation expense |  | $ | 1,022,000 |  |  | $ | 597,000 |

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