Going Concern and Management Plans (Details Narrative) - USD ($) |
12 Months Ended | |||
---|---|---|---|---|
Jun. 30, 2018 |
Aug. 21, 2018 |
Jun. 30, 2017 |
Jun. 30, 2016 |
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Working capital | $ 13,200,000 | |||
Accumulated deficit | 38,246,684 | $ 16,508,057 | ||
Cash and cash equivalents | 14,816,717 | $ 9,631,520 | $ 4,155,444 | |
Revenue from contract research and government grants | 1,000,000 | |||
Revenue from MEMS foundry and engineering review services | $ 1,100,000 | |||
Subsequent Event [Member] | ||||
Cash and cash equivalents | $ 12,100,000 |
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- Definition It represents value of revenue from contract research and government grants. No definition available.
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- Definition Revenue from engineering review services. No definition available.
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- Definition Refers to the amount of increase (decrease) in all assets and liabilities 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://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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