General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Statements of Operations (unaudited)

v3.8.0.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]    
Contract research and government grants $ 892,000  
Revenue 300,940
Cost of revenue 193,229
Gross profit 107,711
Operating expenses    
Research and development 3,004,365 652,576
General and administrative expenses 1,832,622 1,263,243
Total operating expenses 4,836,987 1,915,819
Loss from operations (4,729,276) (1,915,819)
Other income (expense)    
Interest income 734 90
Rental income 85,344
Change in fair value of derivative liabilities (157,216)
Total other income (expense) 86,078 (157,126)
Net loss $ (4,643,198) $ (2,072,945)
Net loss per common share - basic and diluted (in dollars per share) $ (0.24) $ (0.13)
Weighted average common shares outstanding - basic and diluted (in shares) 19,167,500 15,701,709