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

Acquisition of STC-MEMS (Details Narrative)

v3.7.0.1

Acquisition of STC-MEMS (Details Narrative)			12 Months Ended
Acquisition of STC-MEMS (Details Narrative)	Jun. 30, 2017 USD ($)	Mar. 23, 2017 USD ($) Employee	Jun. 30, 2017 USD ($)	Jun. 30, 2016 USD ($)
Revenues, net			$ 486,496	$ 254,834
Net loss			$ (9,108,240)	$ (5,406,167)
Smart Systems Technology & Commercialization Center (STC-MEMS) [Member]
Amount of consideration		$ 4,576,591
Inventory		96,049
Cash consideration		2,750,000
Contingent real estate liability		(1,730,542)
Fair value of the net assets acquired		$ 6,300,000
Smart Systems Technology & Commercialization Center (STC-MEMS) [Member] \| Equipment [Member] \| Minimum [Member]
Useful life		3 years
Smart Systems Technology & Commercialization Center (STC-MEMS) [Member] \| Equipment [Member] \| Maximum [Member]
Useful life		5 years
Smart Systems Technology & Commercialization Center (STC-MEMS) [Member] \| Building [Member]
Useful life		11 years
Smart Systems Technology & Commercialization Center (STC-MEMS) [Member] \| Research Foundation for the State University of New York (RF-SUNY) [Member]
Number of employees \| Employee		29
Akoustis, Inc. [Member]
Revenues, net	$ 0
Net loss	171,000
Wages and fringe benefits	$ 126,000

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