Liquidity and Management Plans (Details Narrative) - USD ($) |
3 Months Ended | 9 Months Ended | 12 Months Ended | ||||||||
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Mar. 31, 2017 |
Mar. 31, 2016 |
Mar. 31, 2017 |
Mar. 31, 2016 |
Jun. 30, 2016 |
May 12, 2017 |
Oct. 25, 2016 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Jun. 30, 2014 |
May 12, 2014 |
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Working capital | $ 9,000,000 | $ 3,710,160 | |||||||||
Accumulated deficit | $ 14,207,651 | $ 4,157,176 | 14,207,651 | $ 4,157,176 | 6,674,813 | $ 1,268,646 | $ 446,349 | ||||
Cash and cash equivalents | 9,425,699 | 2,730,105 | 9,425,699 | 2,730,105 | $ 4,155,444 | $ 4,329,496 | $ 687,739 | $ 489,640 | |||
Contract research and government grants | $ 294,464 | $ 234,334 | $ 453,532 | $ 234,334 | |||||||
National Science Foundation [Member] | |||||||||||
Estimated cash and cash equivalent | $ 2,800,000 | ||||||||||
Subsequent Event [Member] | |||||||||||
Cash and cash equivalents | $ 10,000,000 |
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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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- Definition Revenue 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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