XML 78 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Operations (Unaudited) - USD ($)
 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]    
Product revenue, net $ 7,314,581 $ 3,660,120
License revenue, net 5,776 0
Total revenue 7,320,357 3,660,120
Operating expenses    
Cost of sales 2,202,041 2,050,544
Research and development 589,072 167,595
Selling, general and administrative 18,887,783 17,732,490
Selling, general and administrative - related party (Note 14) 351,843 0
Impairment of intangible assets 0 1,856,020
Amortization of intangible assets 2,136,255 1,553,705
Total operating expenses 24,166,994 23,360,354
Loss from operations (16,846,637) (19,700,234)
Other (expense) income    
Other expense, net (535,500) (749,423)
(Loss) / gain from change in fair value of contingent consideration (9,830,550) 6,277,873
Gain from warrant derivative liability 80,779 3,983,921
Total other (expense) income (10,285,271) 9,512,371
Net loss $ (27,131,908) $ (10,187,863)
Weighted average number of common shares outstanding 7,794,489 665,605
Basic and diluted net loss per common share $ (3.48) $ (15.31)