Akoustis Technologies, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Convertible Notes (Details Textual)

v3.19.2

Convertible Notes (Details Textual) - USD ($) $ / shares in Units, $ in Thousands			1 Months Ended	12 Months Ended
	Oct. 23, 2018	May 14, 2018	May 31, 2023	Jun. 30, 2019	Jun. 30, 2018
Debt Instrument [Line Items]
Principal amount				$ 25,000	$ 15,000
Net proceeds from offering				8,867	13,125
Debt discount				1,984	205
Debt discount amortization				7,740	4,640
Fair value debt discount				955	1,105
fair value of components				955	$ 1,877
Convertible Senior Secured Notes [Member]
Debt Instrument [Line Items]
Principal amount				$ 15,000
Maturity date				May 31, 2023
Net proceeds from offering	$ 8,900
Description of interest payment date			Interest on the notes accrues at the rate of 6.5% per year and is payable quarterly at the Company's option in cash and/or freely tradable shares of the Company's common stock, subject to certain limitations.
Conversion price				$ 5.00
Description of debt conversion	The notes are convertible into common stock at the option of the holder at any time prior to maturity at an initial conversion price of $5.10 per share, subject to adjustment under certain circumstances.
Total debt discount and debt issuance costs				$ 4,845
Debt discount amortization				6,825
Fair value debt discount				1,159
fair value of components				1,809
Convertible Senior Secured Notes [Member] \| Option [Member]
Debt Instrument [Line Items]
Debt discount				$ 1,809
6.5% Convertible Senior Notes [Member]
Debt Instrument [Line Items]
Maturity date		May 31, 2023
Net proceeds from offering		$ 13,100
Conversion price		$ 5.00
Change in conversion price		6.55
Number of shares issued		$ 4.25
Increase in conversion value		$ 3,951
Convertible Senior Notes [Member]
Debt Instrument [Line Items]
Principal amount	$ 10,000
Maturity date	Nov. 30, 2023
Conversion price	$ 6.50

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