Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (unaudited)

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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (14,986,254) $ (7,532,838)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 783,857 61,374
Amortization of intangibles 12,401 5,063
Share-based compensation 3,628,331 2,952,850
Change in fair value of derivative liabilities 877,490
Change in fair value of contingent liability (555,756)
Changes in operating assets and liabilities:    
Accounts receivable (518,920)
Inventory 118,971 (5,990)
Prepaid expenses (71,556) (70,896)
Deposits (688,651)
Other current assets (16,090)
Other assets (1,596)
Accounts payable and accrued expenses 407,961 339,561
Deferred revenue 113,438 30,500
Net Cash Used In Operating Activities (11,085,213) (4,031,537)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for property and equipment (5,282,617) (542,551)
Cash paid for intangibles (42,123) (51,684)
Net Cash Used In Investing Activities (5,324,740) (594,235)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the issuance of common stock 13,199,930 9,841,027
Proceeds from exercise of warrants 50,665 55,000
Net Cash Provided By Financing Activities 13,250,595 9,896,027
Net (Decrease) Increase in Cash (3,159,358) 5,270,255
Cash - Beginning of Period 9,631,520 4,155,444
Cash - End of Period 6,472,162 9,425,699
Cash Paid During the Period for:    
Income taxes
Interest 199
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Stock compensation payable 163,746 485,916
Warrants issued for stock issuance costs 645,757 715,081
Reclassification of derivative liability to additional paid in capital 2,200,219
Reclassification of fixed assets to assets held for sale, net $ 117,023