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Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 7,014,307 $ 11,044,227
Restricted cash 250,000 250,000
Accounts receivable, net 1,705,428 1,740,787
Inventory, net 1,380,729 1,440,069
Prepaid expenses and other 573,199 957,781
Note receivable 1,000,000 0
Other current assets 59,014 0
Total current assets 11,982,677 15,432,864
Fixed assets, net 137,900 203,733
Licensed assets, net 18,293,199 18,861,983
Patents, net 214,278 220,611
Right-of-use-asset 393,820 0
Deposits 2,200 2,200
Total long-term assets 19,041,397 19,288,527
Total assets 31,024,074 34,721,391
Current liabilities    
Accounts payable and other 2,632,642 2,297,270
Accrued liabilities 1,151,181 1,147,740
Accrued compensation 1,002,409 849,498
Current lease liability 79,362 0
Current contingent consideration 1,236,625 1,078,068
Total current liabilities 6,102,219 5,372,576
Long-term contingent consideration 22,272,068 22,247,796
Long-term lease liability 314,457 0
Warrant derivative liability 11,371 13,201
Total liabilities 28,700,115 27,633,573
Stockholders' equity    
Preferred Stock, par value $.0001; 50,000,000 shares authorized; shares issued and outstanding 3,151,148 and 3,594,981, respectively as of September 30, 2019 and June 30, 2019 315 359
Common Stock, par value $.0001; 100,000,000 shares authorized; shares issued and outstanding 17,981,094 and 17,538,071, respectively as of September 30, 2019 and June 30, 2019 1,798 1,754
Additional paid-in capital 113,640,376 113,475,205
Accumulated deficit (111,318,530) (106,389,500)
Total stockholders' equity 2,323,959 7,087,818
Total liabilities and stockholders' equity $ 31,024,074 $ 34,721,391