Quarterly report pursuant to Section 13 or 15(d)

Derivative Liabilities (Details)

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Derivative Liabilities (Details) - $ / shares
3 Months Ended 12 Months Ended
Sep. 30, 2018
Jun. 30, 2018
Summary of assumptions used in valuation model of derivatives liabilities    
Common stock issuable upon exercise of warrants 2,574,570 2,574,570
Market value of common stock on measurement date $ 1.12 $ 1.01
Risk free interest rate [1] 2.50% 2.33%
Expected life in years 8 months 9 days 11 months 12 days
Expected volatility [2] 125.00% 102.00%
Expected dividend yields [3]
Maximum [Member]    
Summary of assumptions used in valuation model of derivatives liabilities    
Exercise price $ 11.25 $ 11.25
Minimum [Member]    
Summary of assumptions used in valuation model of derivatives liabilities    
Exercise price $ 7.50 $ 7.50
[1] The risk-free interest rate was determined by management using the applicable Treasury Bill as of the measurement date.
[2] The historical trading volatility was determined by calculating the volatility of the Company's stock at September 30, 2018 and June 30, 2018.
[3] The Company does not expect to pay a dividend in the foreseeable future.