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Consolidated Balance Sheets - USD ($)
Jun. 30, 2019
Jun. 30, 2018
Current assets    
Cash and cash equivalents $ 11,044,227 $ 7,012,527
Restricted cash 250,000 100,000
Accounts receivable, net 1,740,787 578,782
Inventory, net 1,440,069 1,338,973
Prepaid expenses and other 957,781 440,009
Total current assets 15,432,864 9,470,291
Fixed assets, net 203,733 218,684
Licensed assets, net 18,861,983 11,120,086
Patents, net 220,611 245,944
Deposits 2,200 5,088
Total long-term assets 19,288,527 11,589,802
Total assets 34,721,391 21,060,093
Current liabilities    
Accounts payable and other 2,297,270 2,119,672
Accrued liabilities 1,147,740 185,882
Accrued compensation 849,498 540,674
Current deferred rent 0 1,450
Current contingent consideration 1,078,068 547,100
Total current liabilities 5,372,576 3,394,778
Long-term contingent consideration 22,247,796 4,146,829
Warrant derivative liability 13,201 93,981
Total liabilities 27,633,573 7,635,588
Stockholders' equity    
Preferred Stock, par value $.0001; 50,000,000 shares authorized; shares issued and outstanding 3,594,981 and 0, respectively as of June 30, 2019 and 2018 359 0
Common Stock, par value $.0001; 100,000,000 shares authorized; shares issued and outstanding 17,538,071 and 1,794,762, respectively as of June 30, 2019 and 2018 1,754 179
Additional paid-in capital 113,475,205 92,681,918
Accumulated deficit (106,389,500) (79,257,592)
Total stockholders' equity 7,087,818 13,424,505
Total liabilities and stockholders' equity $ 34,721,391 $ 21,060,093