Acquisition of the STC-MEMS Business (Details Narrative) |
3 Months Ended | 12 Months Ended | ||
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Mar. 23, 2017
USD ($)
Employee
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Sep. 30, 2017
USD ($)
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Sep. 30, 2016
USD ($)
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Jun. 30, 2017
USD ($)
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Net losses | $ (4,643,198) | $ (2,072,945) | $ (9,833,244) | |
Smart Systems Technology & Commercialization Center (STC-MEMS) [Member] | ||||
Amount of consideration | $ 4,580,000 | |||
Inventory | 96,000 | |||
Cash consideration | 2,750,000 | |||
Contingent real estate liability | $ 1,730,000 | |||
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 | 298,000 | |||
Net losses | 1,800,000 | |||
Wages and fringe benefits | 1,000,000 | |||
Facilities expense | $ 715,000 |
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- Definition It refers to cash consideration. No definition available.
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- Definition Represent information about the number of employees. No definition available.
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- Definition The amount of liability arising from an inherited contingency (as defined) which has been recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of inventory recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of net occupancy expense that may include items, such as depreciation of facilities and equipment, lease expenses, property taxes and property and casualty insurance expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Expenditures for salaries for officers and non-officers. Does not include allocated share-based compensation, pension and post-retirement benefit expense or other labor-related non-salary expense. For commercial and industrial companies, excludes any direct and overhead labor that is included in cost of goods sold. No definition available.
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- Definition Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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