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Acquisitions (Tables) | 3 Months Ended
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Sep. 30, 2020
Business Combinations [Abstract] |
Assets acquired and liabilities assumed | The Pediatric Portfolio
|  | As of
|  | November 1, 2019
Consideration |  |
Cash and cash equivalents |  | $ | 4,500,000 |
Fair value of Series G Convertible Preferred Stock |  |  |  |
Total 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 |
Total consideration transferred |  | $ | 10,059,914 |
Recognized amounts of identifiable assets acquired and liabilities assumed |  |  |  |
Inventory, net |  | $ | 459,123 |
Prepaid assets |  |  | 1,743,555 |
Other current assets |  |  | 2,525,886 |
Intangible assets - product marketing rights |  |  | 22,700,000 |
Accrued liabilities |  |  | (300,000 | )
Accrued product program liabilities |  |  | (6,683,932 | )
Assumed fixed payment obligations |  | $ | (29,837,853 | )
Total identifiable net assets |  |  | (9,393,221 | )
Goodwill |  | $ | 19,453,135 |
Innovus Merger (Consumer Health Portfolio)
|  | As of
|  | February 14, 2020
Consideration |  |
Fair Value of Aytu Common Stock |  |  |  |
Total shares issued at close |  |  | 3,810,393 |
Estimated fair value per share of Aytu common stock |  | $ | 0.756 |
Estimated fair value of equity consideration transferred |  | $ | 2,880,581 |
Fair value of Seris H Convertile Preferred Stock |  |  |  |
Total 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 |
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 |
|  | As of
|  | February 14, 2020
Total consideration transferred |  | $ | 12,805,263 |
Recognized amounts of identifiable assets acquired and liabilities assumed |  |  |  |
Cash and cash equivalents |  | $ | 390,916 |
Accounts receivable, net |  |  | 278,826 |
Inventory, net |  |  | 1,149,625 |
Prepaid expenses and other current assets |  |  | 1,692,133 |
Other long-term assets |  |  | 36,781 |
Right-to-use assets |  |  | 328,410 |
Property, plant and equipment |  |  | 190,393 |
Trademarks and patents |  |  | 11,744,000 |
Accounts payable and accrued other expenses |  |  | (7,202,309 | )
Other current liabilities |  |  | (629,601 | )
Notes payable |  |  | (3,056,361 | )
Lease liability |  |  | (754,822 | )
Total identifiable assets |  | $ | 4,167,991 |
Goodwill |  | $ | 8,637,272 |
Pro forma information |
|  | September 30, 2019
|  | Pro forma
|  | Unaudited
Total revenues, net |  | $ | 10,606,870 |
Net (loss) |  |  | (8,256,982 | )
Net (loss) per share (aa) |  | $ | (0.29 | )
(aa) Pro forma net loss per share calculations excluded the impact of the issuance of the (i) Series G Convertible Preferred Stock and the, (ii) Series H Convertible Preferred Stock under the assumption those shares would continue to remain non-participatory during the periods reported above.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121647850&loc=d3e4845-128472 + Details
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