Quarterly report pursuant to Section 13 or 15(d)

Statements of Stockholders' Equity (Unaudited)

v3.19.1
Statements of Stockholders' Equity (Unaudited) - USD ($)
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Beginning Balance at Jun. 30, 2017 $ 12,528 $ 86,831,211 $ (85,383,455) $ 1,460,284
Beginning Balance, shares at Jun. 30, 2017 12,528,374      
Issuance of warrants to promissory notes payable placement agent 75,577 75,577
Issuance of warrants to holders of promissory notes payable 841,617 841,617
Issuance of common stock on exercise of Series A Preferred Stock Warrants $ 17 (17) 16,746
Issuance of common stock on exercise of Series A Preferred Stock Warrants, shares 16,746      
Stock-based compensation 68,870 68,870
Net loss (981,686) (981,686)
Ending Balance at Sep. 30, 2017 $ 12,545 87,817,258 (86,365,141) 1,464,662
Ending Balance, shares at Sep. 30, 2017 12,545,120      
Beginning Balance at Jun. 30, 2017 $ 12,528 86,831,211 (85,383,455) 1,460,284
Beginning Balance, shares at Jun. 30, 2017 12,528,374      
Net loss       (5,610,920)
Ending Balance at Mar. 31, 2018 $ 12,548 88,665,834 (90,994,375) (2,315,993)
Ending Balance, shares at Mar. 31, 2018 12,548,870      
Beginning Balance at Sep. 30, 2017 $ 12,545 87,817,258 (86,365,141) 1,464,662
Beginning Balance, shares at Sep. 30, 2017 12,545,120      
Issuance of warrants to promissory notes payable placement agent 125,081 125,081
Issuance of warrants to holders of promissory notes payable 424,727 424,727
Stock-based compensation 134,038 134,038
Net loss (1,427,350) (1,427,350)
Ending Balance at Dec. 31, 2017 $ 12,545 88,501,104 (87,792,491) 721,158
Ending Balance, shares at Dec. 31, 2017 12,545,120      
Issuance of warrants to holders of promissory notes payable 2,469
Stock-based compensation 162,265 162,265
Issuance of restricted stock $ 4 (4)
Issuance of restricted stock, shares 3,750      
Net loss (3,201,884) (3,201,884)
Ending Balance at Mar. 31, 2018 $ 12,548 88,665,834 (90,994,375) (2,315,993)
Ending Balance, shares at Mar. 31, 2018 12,548,870      
Beginning Balance at Jun. 30, 2018 $ 12,550 88,818,681 (94,344,307) (5,513,076)
Beginning Balance, shares at Jun. 30, 2018 12,549,870      
Cumulative effect of write-off of derivative liability for adoption of ASU 2017-11   59,397   59,397
Adjusted Balances as at June 30, 2018 $ 12,550 88,878,078 (94,344,307) (5,453,679)
Adjusted Balances as at June 30, 2018, shares 12,549,870      
Stock-based compensation   152,801   152,801
Net loss     (3,380,093) (3,380,093)
Ending Balance at Sep. 30, 2018 $ 12,550 89,030,879 (97,724,400) (8,680,971)
Ending Balance, shares at Sep. 30, 2018 12,549,870      
Beginning Balance at Jun. 30, 2018 $ 12,550 88,818,681 (94,344,307) (5,513,076)
Beginning Balance, shares at Jun. 30, 2018 12,549,870      
Net loss       (13,195,468)
Ending Balance at Mar. 31, 2019 $ 30,981 107,982,692 (107,539,775) 473,898
Ending Balance, shares at Mar. 31, 2019 30,980,658      
Beginning Balance at Sep. 30, 2018 $ 12,550 89,030,879 (97,724,400) (8,680,971)
Beginning Balance, shares at Sep. 30, 2018 12,549,870      
Stock-based compensation   263,044 263,044
Conversion of Notes and accrued interest $ 10,731 11,794,102 11,804,833
Conversion of Notes and accrued interest, shares 10,731,669      
Equity units issued for cash $ 6,483 5,170,602 5,177,085
Equity units issued for cash, shares 6,482,671      
Net loss     (7,129,310) (7,129,310)
Ending Balance at Dec. 31, 2018 $ 29,764 106,258,627 (104,853,710) 1,434,681
Ending Balance, shares at Dec. 31, 2018 29,764,210      
Stock-based compensation 394,692 394,692
Equity units issued for cash $ 1,520 1,723,480 1,725,000
Equity units issued for cash, shares 1,519,840      
Shares relinquished $ (303) (394,107)   (394,410)
Shares relinquished, shares (303,392)      
Net loss (2,686,065) (2,686,065)
Ending Balance at Mar. 31, 2019 $ 30,981 $ 107,982,692 $ (107,539,775) $ 473,898
Ending Balance, shares at Mar. 31, 2019 30,980,658