Going Concern and Management Plans (Details Narrative) - USD ($) |
12 Months Ended | ||||||
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Jun. 30, 2016 |
Oct. 25, 2016 |
Mar. 31, 2016 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Jun. 30, 2014 |
May 12, 2014 |
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Working capital | $ 3,710,160 | ||||||
Accumulated deficit | (6,674,813) | $ (4,157,176) | $ (1,268,646) | $ (446,349) | |||
Cash and cash equivalents | $ 4,155,444 | $ 2,730,105 | $ 4,329,496 | $ 687,739 | $ 489,640 | ||
Subsequent Event [Member] | National Science Foundation [Member] | |||||||
Estimated cash and cash equivalent | $ 2,800,000 |
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- Definition The carrying value of estimated cash and cash equivalent as on balance sheet date. No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The increase (decrease) during the reporting period of all assets and liabilities used in operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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