XML 28 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 5,259,492 $ 11,044,227
Restricted cash 251,396 250,000
Accounts receivable, net 5,197,151 1,740,787
Inventory, net 2,491,807 1,440,069
Prepaid expenses and other 2,361,249 957,781
Note receivable 1,350,000 0
Other current assets 1,426,617 0
Total current assets 18,337,712 15,432,864
Fixed assets, net 122,064 203,733
Licensed assets, net 17,724,416 18,861,983
Patents, net 207,944 220,611
Right-of-use-asset 374,568 0
Product technology rights 22,321,667 0
Deposits 2,200 2,200
Goodwill 15,387,064 0
Total long-term assets 56,139,923 19,288,527
Total assets 74,477,635 34,721,391
Current liabilities    
Accounts payable and other 9,598,567 2,297,270
Accrued liabilities 2,114,060 1,147,740
Accrued compensation 786,769 849,498
Current lease liability 82,755 0
Current contingent consideration 705,880 1,078,068
Current portion of fixed payment arrangements 2,661,456 0
Total current liabilities 15,949,487 5,372,576
Long-term contingent consideration 17,739,964 22,247,796
Long-term lease liability 291,813 0
Long-term fixed payment arrangements 23,394,761 0
Warrant derivative liability 11,371 13,201
Total liabilities 57,387,395 27,633,573
Stockholders' equity    
Preferred Stock, par value $.0001; 50,000,000 shares authorized; shares issued and outstanding 10,215,845 and 3,594,981, respectively as of December 31, 2019 (unaudited) and June 30, 2019. 1,022 359
Common Stock, par value $.0001; 100,000,000 shares authorized; shares issued and outstanding 20,733,052 and 17,538,071, respectively as of December 31, 2019 (unaudited) and June 30, 2019. 2,073 1,754
Additional paid-in capital 128,619,922 113,475,205
Accumulated deficit (111,532,777) (106,389,500)
Total stockholders' equity 17,090,240 7,087,818
Total liabilities and stockholders' equity $ 74,477,635 $ 34,721,391