Summary of significant accounting policies (Details Narrative) - USD ($) |
3 Months Ended | 11 Months Ended | 12 Months Ended | |||||
---|---|---|---|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Jun. 30, 2016 |
Mar. 31, 2016 |
Jun. 30, 2015 |
Jun. 30, 2014 |
May 12, 2014 |
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Cash and cash equivalents | $ 4,155,444 | $ 4,329,496 | $ 687,739 | $ 4,155,444 | $ 2,730,105 | $ 4,329,496 | $ 489,640 | |
Grant income | $ 20,500 | $ 29,999 | $ 137,500 | $ 254,834 | $ 264,333 | $ 167,499 | ||
Restricted Stock [Member] | ||||||||
Share outstanding | 1,361,055 | 546,886 | 623,855 | 1,361,055 | 1,353,055 | 546,886 | ||
Patents [Member] | ||||||||
Useful lives | 15 years | |||||||
Minimum [Member] | ||||||||
Estimated useful lives | P3Y | |||||||
Maximum [Member] | ||||||||
Estimated useful lives | P10Y |
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- Definition Income earned during the period from non-repayable sum of money awarded to an entity to carry out a specific purpose as provided in grant agreements. 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 Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Describes the periods of time over which an entity anticipates to receive utility from its property, plant and equipment (that is, the periods of time over which an entity allocates the initial cost of its property, plant and equipment). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Number of shares issued which are neither cancelled nor held in the treasury. No definition available.
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