XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 37,911,065 $ 48,081,715
Restricted cash 251,778 251,592
Accounts receivable, net 6,111,911 5,175,924
Inventory, net 11,479,557 9,999,441
Prepaid expenses and other 3,681,401 5,715,089
Other current assets 6,017,888 5,742,011
Total current assets 65,453,600 74,965,772
Fixed assets, net 106,153 258,516
Right-of-use-asset 334,289 634,093
Licensed assets, net 16,018,064 16,586,847
Patents and tradenames, net 10,639,080 11,081,048
Product technology rights, net 20,619,166 21,186,666
Deposits 9,900 32,981
Goodwill 28,090,407 28,090,407
Total long-term assets 75,817,059 77,870,558
Total assets 141,270,659 152,836,330
Current liabilities    
Accounts payable and other 5,773,768 11,824,560
Accrued liabilities 8,692,693 7,849,855
Accrued compensation 1,967,035 3,117,177
Debt 930,416 982,076
Contract liability 232,576 339,336
Current lease liability 97,458 300,426
Current portion of fixed payment arrangements 2,138,514 2,340,166
Current portion of CVR liabilities 954,800 839,734
Current portion of contingent consideration 718,647 713,251
Total current liabilities 21,505,907 28,306,581
Long-term contingent consideration, net of current portion 13,058,876 12,874,351
Long-term lease liability, net of current portion 237,497 725,374
Long-term fixed payment arrangements, net of current portion 10,679,903 11,171,491
Long-term CVR liabilities, net of current portion 4,714,359 4,731,866
Other long-term liabilities 11,371 11,371
Total liabilities 50,207,913 57,821,034
Commitments and contingencies (Note 10)
Stockholders' equity    
Preferred Stock, par value $.0001; 50,000,000 shares authorized; shares issued and outstanding 0 and 0, respectively as of September 30, 2020 and June 30, 2020, respectively 0 0
Common Stock, par value $.0001; 200,000,000 shares authorized; shares issued and outstanding 125,837,357 and 125,837,357 respectively as of September 30, 2020 and June 30, 2020 12,584 12,584
Additional paid-in capital 215,366,272 215,012,891
Accumulated deficit (124,316,110) (120,010,179)
Total stockholders' equity 91,062,746 95,015,296
Total liabilities and stockholders' equity $ 141,270,659 $ 152,836,330