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Note 2 - Acquisitions (Tables)

6 Months Ended

Dec. 31, 2020

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

		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		$	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

		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 Series H Convertible 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 identified assets acquired and liabilities assumed
Cash and cash equivalents		$	390,916
Accounts receivable			278,826
Inventory			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

Business Acquisition, Pro Forma Information [Table Text Block]

		Three Months Ended								Six Months Ended
		December 31, 2020				December 31, 2019				December 31, 2020				December 31, 2019
		Actual				Pro forma				Actual				Pro forma
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Total revenues, net		$	15,147,034			$	8,929,802			$	28,667,280			$	20,541,401
Net (loss)			(9,525,294	)			(2,450,247	)			(13,831,224	)			(11,255,247	)
Net (loss) per share (aa)		$	(0.72	)		$	(1.40	)		$	(1.09	)		$	(6.85	)

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
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+ 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

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