Quarterly report pursuant to Section 13 or 15(d)

Summary of significant accounting policies (Tables)

v3.8.0.1
Summary of significant accounting policies (Tables)
3 Months Ended
Sep. 30, 2017
Accounting Policies [Abstract]  
Schedule of revised prior period amounts

Tabular summaries of the revisions are presented below: 

 

   

Consolidated Balance Sheet

June 30, 2017

 
    Previously Reported     Revisions     Revised Reported  
Additional paid in capital   $ 30,774,885     $ 725,004     $ 31,499,889  
                         
Accumulated deficit     (15,783,053 )     (725,004 )     (16,508,057 )
                         
   

Consolidated Statement of Operations

 Year ended June 30, 2017 

 
    Previously Reported     Revisions     Revised Reported  
Net loss   $ (9,108,240 )   $ (725,004 )   $ (9,833,244 )
                         
Net loss per ordinary share:                        
     Basic   $ (0.54 )   $ (0.04 )   $ (0.58 )

 

Schedule of common stock equivalents

The Company had the following common stock equivalents at September 30, 2017 and 2016:

 

    September 30, 2017     September 30, 2016  
Options     675,000       160,000  
Warrants     602,632       471,697  
Totals     1,277,632       631,697