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Acquisitions (Details) - USD ($) | 3 Months Ended |
--- | --- | ---
Sep. 30, 2020 | Jun. 30, 2020
Recognized amounts of identifiable assets acquired, and liabilities assumed |  |
Goodwill | $ 28,090,407 | $ 28,090,407
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 | 2,525,886 |
Intangible assets | 22,700,000 |
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 |
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 | 1,692,133 |
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 | (7,202,309) |
Other current liabilities | (629,601) |
Notes payable | (3,056,361) |
Lease liability | (754,822) |
Total identifiable net assets | 4,167,991 |
Goodwill | $ 8,637,272 |
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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