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Consolidated Balance Sheets - USD ($)
Mar. 31, 2019
Jun. 30, 2018
Current assets    
Cash and cash equivalents $ 14,647,402 $ 7,012,527
Restricted cash 100,296 100,000
Accounts receivable, net 1,376,358 578,782
Inventory, net 1,530,083 1,338,973
Prepaid expenses and other 804,840 440,009
Total current assets 18,458,979 9,470,291
Fixed assets, net 219,177 218,684
Licensed assets, net 19,430,767 11,120,086
Patents, net 226,944 245,944
Deposits 2,200 5,088
Total long-term assets 19,879,088 11,589,802
Total assets 38,338,067 21,060,093
Current liabilities    
Accounts payable and other 2,131,251 2,119,672
Accrued liabilities 772,140 185,882
Accrued compensation 791,586 540,674
Current deferred rent 0 1,450
Current contingent consideration 808,779 547,100
Total current liabilities 4,503,756 3,394,778
Long-term contingent consideration 12,633,824 4,146,829
Long-term debt - related party (Note 11) 5,134,795 0
Warrant derivative liability 28,513 93,981
Total liabilities 22,300,888 7,635,588
Commitments and contingencies (Note 7)
Stockholders' equity    
Preferred Stock, par value $.0001; 50,000,000 shares authorized; shares issued and outstanding 2,335,665 and 0, respectively as of March 31, 2019 and June 30, 2018 234 0
Common Stock, par value $.0001; 100,000,000 shares authorized; shares issued and outstanding 12,848,499 and 1,794,762, respectively as of March 31, 2019 and June 30, 2018 1,285 179
Additional paid-in capital 107,893,259 92,681,918
Accumulated deficit (91,857,599) (79,257,592)
Total stockholders' equity 16,037,179 13,424,505
Total liabilities and stockholders' equity $ 38,338,067 $ 21,060,093