Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

v3.3.0.814
Consolidated Statements of Stockholders' Equity - USD ($)
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Balance at Jun. 30, 2013 $ (4,162,212) $ 6,667 $ 3,847,591 $ (8,016,470)
Balance (in shares) at Jun. 30, 2013   6,666,667    
Stock-based compensation 1,081,792 $ 0 1,081,792 0
Beneficial conversion feature 2,922,938 0 2,922,938 0
Fair value of warrants for financing and conversion 6,476,606 0 6,476,606 0
Fair value of warrants issued 690,187 0 690,187 0
Issuance of common stock 3,483,408 $ 5,725 3,477,683 0
Issuance of common stock (in shares)   5,725,327    
Issuance of common stock for note conversions 4,964,879 $ 5,298 4,959,581 0
Issuance of common stock for note conversions (in shares)   5,297,964    
Issuance of common stock as repayment of related party balance 275,000 $ 176 274,824 0
Issuance of common stock as repayment of related party balance (in shares)   176,283    
Cashless exercise of warrants 0 $ 101 (101) 0
Cashless exercise of warrants (in shares)   100,550    
Issuance of common stock for services 404,587 $ 125 404,462 0
Issuance of common stock for services (in shares)   125,001    
Net loss (9,730,454) $ 0 0 (9,730,454)
Balance at Jun. 30, 2014 6,406,731 $ 18,092 24,135,563 (17,746,924)
Balance (in shares) at Jun. 30, 2014   18,091,792    
Stock-based compensation 2,846,828 $ 0 2,846,828 0
Fair value of warrants issued 6,026,070 0 6,026,070 0
Issuance of common stock $ 4,768,123 $ 6,042 4,762,081 0
Issuance of common stock (in shares) 166,668 6,040,921    
Issuance of common stock for services $ 368,419 $ 207 368,212 0
Issuance of common stock for services (in shares)   205,506    
Net loss (11,362,364) $ 0 0 (11,362,364)
Balance at Jun. 30, 2015 $ 9,053,807 $ 24,341 $ 38,138,754 $ (29,109,288)
Balance (in shares) at Jun. 30, 2015   24,338,219