Rezolute, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation and Warrants (Tables)

Stock-Based Compensation and Warrants (Tables)

9 Months Ended

Mar. 31, 2019

Share-based Compensation [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table sets forth a summary of stock option activity under Plans for the nine months ended

March 31, 2019

				Weighted		Weighted Average
	Number of			Average		Remaining
	Options			Exercise Price		Contractual Life

Outstanding, June 30, 2018		19,415,246		$	1.55	7.8
Granted		1,125,000			0.52
Forfeited		(3,672,100	)		1.58
Outstanding, March 31, 2019		16,868,146			1.61	6.6

Exercisable, March 31, 2019		12,215,439			1.82	6.0

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

Stock-based compensation expense is included in compensation and benefits under the following captions in the unaudited condensed consolidated statements of operations:

	Three Months				Nine Months
	Ended March 31,				Ended March 31,
	2019		2018		2019		2018

Research and development	$	117,594	$	289,645	$	308,266	$	870,464
General and administrative		578,453		1,184,070		2,081,147		3,305,029
Total	$	696,047	$	1,473,715	$	2,389,413	$	4,175,493

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Expected volatility	84	%
Risk free interest rate	2.83	%
Expected term (years)	7
Dividend yield	0	%

Schedule Of Warrants Issued To Agents Activity [Table Text Block]

				Weighted		Weighted Average
	Number of			Average		Remaining
	Warrants			Exercise Price		Contractual Life
Outstanding, June 30, 2018		45,635,217		$	1.37	3.4
Warrants issued for consulting services		46,872			1.00
Issuance of warrant modification		1,207,146			0.18
Modified warrant replaced		(500,000	)		0.52
Outstanding, March 31, 2019		46,389,235			1.35	2.6