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Consolidated Balance Sheets - USD ($)
Mar. 31, 2020
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 62,264,676 $ 11,044,227
Restricted cash 251,407 250,000
Accounts receivable, net 10,203,423 1,740,787
Inventory, net 3,854,685 1,440,069
Prepaid expenses and other 4,830,881 957,781
Other current assets 1,849,598 0
Total current assets 83,254,670 15,432,864
Fixed assets, net 288,415 203,733
Right-of-use-asset 675,980 0
Licensed assets, net 17,155,632 18,861,983
Patents and tradenames, net 11,724,626 220,611
Product technology rights, net 21,754,166 0
Deposits 38,981 2,200
Goodwill 24,061,333 0
Total long-term assets 75,699,133 19,288,527
Total assets 158,953,803 34,721,391
Current liabilities    
Accounts payable and other 6,956,091 2,133,522
Accrued liabilities 9,830,373 1,311,488
Accrued compensation 2,210,288 849,498
Current lease liability 289,238 0
Current contingent consideration 947,449 1,078,068
Current portion of fixed payment arrangements 17,395,219 0
Current portion of CVR liabilities 786,564 0
Notes payable, net 3,617,680 0
Total current liabilities 42,032,902 5,372,576
Long-term contingent consideration, net of current portion 17,806,573 22,247,796
Long-term lease liability, net of current portion 804,393 0
Long-term fixed payment arrangements, net of current portion 8,162,494 0
Long-term CVR liabilities, net of current portion 4,432,254 0
Warrant derivative liability 11,371 13,201
Total liabilities 73,249,987 27,633,573
Commitments and contingencies (Note 12)
Stockholders' equity    
Preferred stock, par value $.0001; 50,000,000 shares authorized; shares issued and outstanding 9,805,845 and 3,594,981, respectively as of March 31, 2020 (unaudited) and June 30, 2019. 981 359
Common stock, par value $.0001; 200,000,000 shares authorized; shares issued and outstanding 100,610,380 and 17,538,071, respectively as of March 31, 2020 (unaudited) and June 30, 2019. 10,061 1,754
Additional paid-in capital 202,557,856 113,475,205
Accumulated deficit (116,865,082) (106,389,500)
Total stockholders' equity 85,703,816 7,087,818
Total liabilities and stockholders' equity $ 158,953,803 $ 34,721,391