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Acquisitions (Details) - USD ($) | 9 Months Ended |
--- | --- | ---
Mar. 31, 2020 | Jun. 30, 2019
Recognized amounts of identifiable assets acquired and liabilities assumed |  |
Goodwill | $ 24,061,333 | $ 0
Cerecor, Inc. |  |
Consideration |  |
Cash and cash equivalents | 4,500,000 |
Total consideration transferred | 10,059,914 |
Recognized amounts of identifiable assets acquired and liabilities assumed |  |
Inventory, net | 459,123 |
Prepaid expenses and other current assets | 1,743,555 |
Other current assets | 2,548,187 |
Intangible assets | 22,700,000 |
Accrued product program liabilities | (6,320,853) |
Assumed fixed payment obligations | (26,457,162) |
Total identifiable net assets | (5,327,150) |
Goodwill | $ 15,387,064 |
Cerecor, Inc. | Series G Convertible Preferred Stock |  |
Consideration |  |
Shares issued | 9,805,845 |
Estimated fair value per share of Aytu common stock | $ 0.567 |
Estimated fair value of equity consideration transferred | $ 5,559,914 |
Innovus Pharmaceuticals |  |
Consideration |  |
Fair value of former Innovus warrants | 15,315 |
Fair value of contingent value rights | 7,049,079 |
Forgiveness of note payable owed to the Company | 1,350,000 |
Total consideration transferred | 12,805,263 |
Recognized amounts of identifiable assets acquired and liabilities assumed |  |
Cash and cash equivalents | 390,916 |
Accounts receivables, net | 278,826 |
Inventory, net | 1,149,625 |
Prepaid expenses and other current assets | 1,736,796 |
Other long-term assets | 36,781 |
Right-to-use assets | 328,410 |
Property, plant and equipment | 190,393 |
Intangible assets | 11,744,000 |
Accounts payable and accrued other expenses | (6,983,969) |
Other current liabilities | (446,995) |
Notes payable | (3,056,361) |
Lease liability | (754,822) |
Preacquisition contingent consideration | (182,606) |
Total identifiable net assets | 4,430,994 |
Goodwill | $ 8,374,269 |
Innovus Pharmaceuticals | Aytu Common Stock |  |
Consideration |  |
Shares issued | 3,810,393 |
Estimated fair value per share of Aytu common stock | $ 0.756 |
Estimated fair value of equity consideration transferred | $ 2,880,581 |
Innovus Pharmaceuticals | Series H Convertible Preferred Stock |  |
Consideration |  |
Shares issued | 1,997,736 |
Estimated fair value per share of Aytu common stock | $ 0.756 |
Estimated fair value of equity consideration transferred | $ 1,510,288 |

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