Akoustis Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Commitments (Details Narrative)

Commitments (Details Narrative)			3 Months Ended		9 Months Ended
Commitments (Details Narrative)	Feb. 27, 2018	Mar. 23, 2017	Mar. 31, 2018 USD ($) N	Mar. 31, 2017 USD ($)	Mar. 31, 2018 USD ($) N	Mar. 31, 2017 USD ($)	Jun. 30, 2017 USD ($)
Number of leases \| N			2		2
Discount rate (in percent)					17.50%
Contingent liability			$ 1,174,786		$ 1,174,786		$ 1,730,542
Gain on contingent liability			635,061		$ 555,756
Huntersville, North Carolina [Member] \| Minimum [Member]
Lease term					3 years
Huntersville, North Carolina [Member] \| Maximum [Member]
Lease term					5 years
36 - Month Lease Agreement [Member] \| Building [Member] \| Huntersville, North Carolina [Member]
Annual rent			49,549	14,312	$ 101,267	42,716
Lease term					3 years
36 - Month Lease Agreement [Member] \| Equipment [Member] \| Canandaigua, New York [Member]
Annual rent			$ 1,429		$ 71,516
Lease and Project Agreement and Company Lease Agreement [Member] \| Ontario County Industrial Development Agency [Member]
Description of agreement	Pursuant to the Agreements, the Company will lease for $1.00 annually to the OCIDA an approximately 9.995 acre parcel of land in Canandaigua, New York, together with the improvements thereon (including the Company’s New York fabrication facility), and transfer title to certain related equipment and personal property to the OCIDA (collectively, the “Facility”). The OCIDA will lease the Facility back to the Company for annual rent payments specified in the Lease and Project Agreement for the Company’s primary use as research and development, manufacturing, warehouse and professional office space in its business, and to be subleased, in part, by the Company to various existing tenants. The Company estimates substantial tax savings during the term of the Agreements, which expires on December 31, 2028. In addition, subject to the terms of the Lease and Project Agreement, certain purchases and leases of eligible items will be exempt from the imposition of sales and use taxes. Subject to the terms of the Lease and Project Agreement, the OCIDA has also granted to the Company an exemption from certain mortgage recording taxes for one or more mortgages securing an aggregate principal amount not to exceed $12 million, or such greater amount as approved by the OCIDA in its sole and absolute discretion.
Asset Purchase Agreement [Member] \| Research Foundation for the State University of New York (RF-SUNY) [Member] \| Fuller Road Management Corporation (FRMC) [Member]
Description of agreement		If the Company sells the property subject to the RP Agreement within three (3) years after the date of the RP Agreement for an amount in excess of $1,750,000, subject to certain enumerated exceptions.
Description of penalty		The penalty imposed shall be equivalent to the amount that the sales price of the property exceeds $1,750,000 up to the maximum penalty (“Maximum Penalty”).