Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (unaudited)

v3.8.0.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
Mar. 31, 2018
Jun. 30, 2017
Assets:    
Cash and cash equivalents $ 6,472,162 $ 9,631,520
Accounts receivable 518,920
Inventory 69,505 188,476
Prepaid expenses 230,013 158,457
Other current assets 58,898 42,808
Total current assets 7,349,498 10,021,261
Property and equipment, net 12,235,551 7,853,814
Intangibles, net 236,249 206,527
Assets held for sale, net 117,023  
Other assets 12,311 10,715
Total Assets 19,950,632 18,092,317
Current Liabilities:    
Accounts payable and accrued expenses 1,908,660 1,336,368
Deferred revenue 127,938 14,500
Total current liabilities 2,036,598 1,350,868
Long-term Liabilities:    
Contingent real estate liability 1,174,786 1,730,542
Total long-term liabilities 1,174,786 1,730,542
Total Liabilities 3,211,384 3,081,410
Stockholders' Equity    
Preferred Stock, par value $0.001: 5,000,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value; 45,000,000 shares authorized; 22,232,200 and 19,075,050 shares issued and outstanding at March 31, 2018 and June 30, 2017, respectively 22,232 19,075
Additional paid in capital 48,211,327 31,499,889
Accumulated deficit (31,494,311) (16,508,057)
Total Stockholders' Equity 16,739,248 15,010,907
Total Liabilities and Stockholders' Equity $ 19,950,632 $ 18,092,317