Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (unaudited)

v3.10.0.1
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Revenue $ 313,021 $ 300,940
Cost of revenue 143,844 193,229
Gross profit 169,177 107,711
Operating expenses    
Research and development 4,406,182 3,004,365
General and administrative expenses 2,459,540 1,832,622
Total operating expenses 6,865,722 4,836,987
Loss from operations (6,696,545) (4,729,276)
Other (expense) income    
Rental income 68,671 85,344
Interest (expense) income (481,602) 734
Change in fair value of contingent real estate liability (46,924)
Change in fair value of derivative liabilities (151,299)
Total other (expense) income (611,154) 86,078
Net loss $ (7,307,699) $ (4,643,198)
Net loss per common share - basic and diluted (in dollars per share) $ (0.33) $ (0.24)
Weighted average common shares outstanding -basic and diluted (in shares) 22,240,748 19,167,500
Revenue With Customer [Member]    
Revenue $ 203,549 $ 300,940
Grant [Member]    
Revenue $ 109,472