Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity

v3.5.0.2
Consolidated Statements of Stockholders' Equity - USD ($)
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
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
Issuance of common stock for services 368,419 $ 207 368,212 0
Issuance of common stock for services (in shares)   205,506    
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)   6,040,921    
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    
Stock-based compensation 3,761,837 $ 0 3,761,837 0
Fair value of warrants issued 5,523,706 0 5,523,706 0
Dividends on Series A Preferred Stock (5,974,385) 0 (5,974,385) 0
Conversion of Series A Preferred Stock into common stock 5,307,909 $ 5,897 5,302,012 0
Conversion of Series A Preferred Stock into common stock (in shares)   5,897,677    
Exchange on Series A Preferred Stock 2,929,084 $ 0 2,929,084 0
Issuance of common stock 3,106,437 $ 4,876 3,101,561 0
Issuance of common stock (in shares)   4,875,020    
Net loss (14,935,542) $ 0 0 (14,935,542)
Balance at Jun. 30, 2016 $ 8,772,853 $ 35,114 $ 52,782,569 $ (44,044,830)
Balance (in shares) at Jun. 30, 2016   35,110,916