XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Revenues    
Total revenue $ 27,632,080 $ 7,320,357
Operating expenses    
Cost of sales 7,553,031 2,202,041
Research and development 1,721,419 589,072
Selling, general and administrative 34,802,432 18,887,783
Selling, general and administrative - related party 0 351,843
Impairment of intangible assets 195,278 0
Amortization of intangible assets 4,490,466 2,136,255
Total operating expenses 48,762,626 24,166,994
Loss from operations (21,130,546) (16,846,637)
Other (expense) income    
Other (expense), net (2,606,487) (535,500)
(Loss) gain from change in fair value of contingent consideration 10,430,252 (9,830,550)
Gain (loss) on extinguishment of debt (315,728) 0
Gain from warrant derivative liability 1,830 80,779
Total other (expense) income 7,509,867 (10,285,271)
Net loss $ (13,620,679) $ (27,131,908)
Weighted average number of common shares outstanding 45,192,010 7,794,489
Basic and diluted net loss per common share $ (0.30) $ (3.48)
Product Revenue    
Revenues    
Total revenue $ 27,632,080 $ 7,314,581
License Revenue    
Revenues    
Total revenue $ 0 $ 5,776