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Equity Instruments (Tables)

6 Months Ended

Dec. 31, 2018

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of stock option activity

		Number of Options				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life in Years
Outstanding June 30, 2018			1,798			$	325.97				6.95
Granted			-			$	-
Exercised			-			$	-
Forfeited/Cancelled			(11	)		$	328.00
Outstanding December 31, 2018			1,787			$	325.96				6.49
Exercisable at December 31, 2018			1,615			$	325.74				6.39

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, 2018			37,200			$	39.80				9.4
Vested			(850	)		$	40.40
Granted			2,707,022			$	1.30
Cancelled			-			$	-
Unvested at December 31, 2018			2,743,372			$	1.81				9.6

Schedule of stock-based compensation expense

		Three Months Ended December 31,								Six Months Ended December 31,
Selling, general and administrative:		2018				2017				2018				2017
Stock options		$	41,000			$	81,000			$	107,000			$	276,000
Restricted stock			153,000				32,000				239,000				104,000
Total share-based compensation expense		$	194,000			$	113,000			$	346,000			$	380,000

Schedule of all warrants

		Number of Warrants				Weighted Average Exercise Price				Weighted Average Remaining Contractual Life in Years
Outstanding June 30, 2018			1,882,661			$	25.94				4.61
Warrants issued in connection with the October 2018 offering			10,120,000			$	1.50
Warrants issued to underwriters in connection with the October 2018 offering			303,600			$	1.50
Outstanding December 31, 2018			12,306,261			$	5.24				4.67

Schedule of significant assumptions used in valuing options/warrants issued

		December 31, 2018				At Issuance
Warrants:
Volatility			166.2	%			188.0	%
Equivalent term (years)			3.63				5.00
Exercise premium			5	%			20	%
Risk-free interest rate			2.48	%			1.83	%
Dividend yield			0.00	%			0.00	%

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Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

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Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits.

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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