Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 2,053,853 $ 2,238,943
Other receivable 7,617
Lease payments receivable - short-term 68,654 64,486
Prepaid expenses 207,793 426,921
Total current assets 2,330,300 2,737,967
Fixed assets, net of accumulated depreciation 8,298 12,080
Other assets 43,908 24,788
Lease payments receivable - long-term 221,221 273,244
Total assets 2,603,727 3,048,079
Current liabilities:    
Accounts payable 1,080,110 765,439
Accrued expenses 1,020,950 659,455
Notes payable 28,769 285,170
Derivative liabilities 4,194,634
Total current liabilities 2,129,829 5,904,698
Promissory notes payable, net of discount of $0 and $4,548,543 2,656,457
Total liabilities 2,129,829 8,561,155
Commitments and contingencies
Stockholders' equity (deficit):    
Preferred stock
Common stock, $0.001 par value,200,000,000 shares authorized, 30,980,658 and 12,549,870 shares issued and outstanding, respectively 30,981 12,550
Additional paid-in capital 107,982,692 88,818,681
Accumulated deficit (107,539,775) (94,344,307)
Total stockholders' equity (deficit) 473,898 (5,513,076)
Total liabilities and stockholders' equity (deficit) 2,603,727 3,048,079
Class A Convertible Preferred Stock    
Stockholders' equity (deficit):    
Preferred stock