Stockholders' Equity (Details Narrative) - USD ($)
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1 Months Ended |
3 Months Ended |
9 Months Ended |
11 Months Ended |
12 Months Ended |
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Aug. 11, 2016 |
Jul. 06, 2016 |
Apr. 14, 2016 |
Mar. 10, 2016 |
May 22, 2015 |
Jun. 14, 2014 |
Mar. 31, 2016 |
Dec. 31, 2015 |
May 31, 2015 |
Mar. 31, 2017 |
Jun. 30, 2016 |
Mar. 31, 2016 |
Mar. 31, 2017 |
Mar. 31, 2016 |
May 22, 2015 |
Mar. 31, 2015 |
Jun. 30, 2016 |
Mar. 31, 2016 |
Jun. 30, 2015 |
Apr. 15, 2015 |
Common stock, par value (in dollars per share) |
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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Common stock, authorized |
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300,000,000
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45,000,000
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300,000,000
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300,000,000
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45,000,000
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300,000,000
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300,000,000
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300,000,000
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300,000,000
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300,000,000
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Preferred stock, par value (in dollars per share) |
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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$ 0.001
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Preferred stock, authorized |
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10,000,000
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5,000,000
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10,000,000
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10,000,000
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5,000,000
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10,000,000
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10,000,000
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10,000,000
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10,000,000
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10,000,000
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Preferred stock, issued |
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0
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0
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0
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0
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0
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0
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0
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0
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0
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0
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Preferred stock, outstanding |
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0
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0
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0
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0
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0
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0
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0
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0
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0
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0
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Recapitalization |
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3,000,005
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Common stock, outstanding |
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13,615,440
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18,105,349
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15,375,981
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13,615,440
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18,105,349
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13,615,440
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5,493,200
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15,375,981
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13,615,440
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12,469,084
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Number of shares granted |
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380,000
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290,000
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Allocated stock based compensation expense |
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$ 265,861
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$ 1,468,332
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$ 148,736
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$ 414,597
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$ 148,736
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Common stock, issued |
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13,615,440
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18,105,349
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15,375,981
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13,615,440
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18,105,349
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13,615,440
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5,493,200
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15,375,981
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13,615,440
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12,469,084
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Stock based compensation |
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$ 435,642
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$ 2,952,850
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$ 441,190
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$ 6,219
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$ 849,625
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$ 639,644
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$ 231,909
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2014 Stock Incentive Plan [Member] |
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Number of stock authorized |
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1,950
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Maximum number of shares available for grant |
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8,102
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8,102
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Description of vesting |
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The typical vesting schedule provided that 25% of
the shares subject to the award would vest on the first year anniversary of the date of grant, and 1/48th of the total
number of shares awarded would vest on a monthly basis thereafter.
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2015 Stock Incentive Plan [Member] |
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Grant date fair value of common shares issued upon services |
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107,600
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107,600
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Allocated stock based compensation expense |
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0
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28,008
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24,028
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2,984
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Unrecognized stock based compensation expense |
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80,732
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80,732
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Number of stock authorized |
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1,200,000
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1,200,000
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Maximum number of shares available for grant |
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600,000
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600,000
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Expiration period |
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7 years
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Total intrinsic value of options exercisable |
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430,400
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$ 430,400
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Unrecognized stock based compensation expense amortized period |
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2 years 10 months 20 days
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Stock based compensation |
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6,964
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0
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$ 28,008
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24,028
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2,984
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Stock Incentive Plan [Member] |
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Grant date fair value of common shares issued upon services |
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$ 453,600
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453,600
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Unrecognized stock based compensation expense |
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59,764
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59,764
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Total intrinsic value of options exercisable |
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1,814,400
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$ 1,814,400
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Unrecognized stock based compensation expense amortized period |
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2 years 1 month 20 days
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Stock based compensation |
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6,888
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$ 6,964
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$ 20,968
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21,044
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Accrued stock compensation expenses |
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567,669
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179,079
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567,669
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$ 179,079
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Private placement offering (the "March 2016 Offering") [Member] |
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Number of common stock issued upon transaction |
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494,125
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Purchase price (in dollars per share) |
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$ 1.60
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Gross proceeds from offering |
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$ 790,600
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Private Placement Offering (the "April 2016 Offering") [Member] |
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Number of common shares issued upon services |
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4,690
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Number of common stock issued upon transaction |
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1,741,185
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Purchase price (in dollars per share) |
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$ 1.60
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Gross proceeds from offering |
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$ 2,785,896
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Description of vesting |
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50% of the shares will lapse at the end of two years
from the date of issuance, and the repurchase option on 25% of the shares will lapse at the end of each of the third and fourth
years from the date of issuance.
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Four Non Employee Directors [Member] | 2015 Stock Incentive Plan [Member] |
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Number of shares granted |
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160,000
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Restricted Stock [Member] |
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Grant date fair value of common shares issued upon services |
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10,586,279
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3,248,413
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$ 10,586,279
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$ 3,248,413
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Number of shares granted |
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2,144,055
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1,361,055
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Allocated stock based compensation expense |
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428,678
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6,219
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$ 821,617
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465,616
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78,925
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Number of common stock issued upon transaction |
383,000
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Description of vesting |
50% of the shares will lapse at the end of two years
from the date of issuance, and the repurchase option on 25% of the shares will lapse at the end of each of the third and fourth
years from the date of issuance.
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Restricted Stock [Member] | 2015 Stock Incentive Plan [Member] |
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Number of shares granted |
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463,841
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Unrecognized stock based compensation expense |
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2,347,898
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$ 2,347,898
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Description of vesting |
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The Company has the right to repurchase some or all
of such shares upon termination of the individuals service with the Company, whether voluntary or involuntary, for 60 months
from the date of termination (repurchase option).
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Accrued stock compensation expenses |
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$ 5,857
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179,079
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5,857
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5,857
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$ 106,902
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$ 179,079
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$ 5,857
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$ 33,063
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Restricted Stock [Member] | Stock Incentive Plan [Member] |
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Number of shares granted |
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1,641,764
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Allocated stock based compensation expense |
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698,103
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$ 235,030
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$ 2,931,885
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$ 393,040
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Unrecognized stock based compensation expense |
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$ 6,766,031
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$ 6,766,031
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Description of vesting |
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The Company has the right to repurchase some or all
of such shares in certain circumstances upon termination of the recipient’s service with the Company, for up to 60 months
from the date of termination (“repurchase option”).
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Restricted Stock [Member] | Investor Relations Agreement [Member] | Two Consultants [Member] |
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Grant date fair value of common shares issued upon services |
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963,700
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963,700
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Number of shares granted |
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230,000
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Agreement term |
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1 year
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Unrecognized stock based compensation expense |
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757,492
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757,492
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Restricted Stock [Member] | Investor Relations Restated Agreement [Member] | Two Consultants [Member] |
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Grant date fair value of common shares issued upon services |
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251,400
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251,400
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Number of shares granted |
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60,000
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Agreement term |
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1 year
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Unrecognized stock based compensation expense |
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$ 114,467
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$ 114,467
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Employee Stock Option [Member] | 2015 Stock Incentive Plan [Member] |
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Expiration period |
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5 years
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Percentage of awards grant under the plan |
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10.00%
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Professional Services Provider [Member] |
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Number of common shares issued upon services |
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100,000
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Grant date fair value of common shares issued upon services |
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$ 150,000
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$ 150,000
|
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Akoustis, Inc. [Member] |
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Preferred stock, issued |
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5,300
|
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5,300
|
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Preferred stock, outstanding |
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5,300
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5,300
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Number of common shares issued upon merger |
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5,500,006
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Number of common stock cancelled |
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9,854,019
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Common stock, outstanding |
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|
11,671
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11,671
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Common stock, issued |
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11,671
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11,671
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Number of common share issued against per outstanding share upon merger |
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$ 324.082
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Akoustis, Inc. [Member] | Restricted Stock [Member] | Employees And Contractors [Member] | 2014 Stock Incentive Plan [Member] |
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Number of shares granted |
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1,925
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Number of common share issued against per outstanding share upon merger |
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$ 324.082
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Previously Reported [Member] |
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Number of additional shares authorized |
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75,000,000
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Restatement Adjustment [Member] |
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Number of additional shares authorized |
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|
310,000,000
|
Common stock, par value (in dollars per share) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0.001
|
Common stock, authorized |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
300,000,000
|
Preferred stock, par value (in dollars per share) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 0.001
|
Preferred stock, authorized |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,000,000
|
Preferred stock, issued |
|
|
|
|
|
|
0
|
|
|
|
0
|
0
|
|
0
|
|
0
|
0
|
0
|
0
|
|
Preferred stock, outstanding |
|
|
|
|
|
|
0
|
|
|
|
0
|
0
|
|
0
|
|
0
|
0
|
0
|
0
|
|