XML 64 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Consolidated Statements of Operations [Abstract]    
License revenue $ 29,167 $ 0
Expenses:    
Cost of sales 0 0
Selling, general, and administrative expenses 3,460,272 3,482,115
Research and development 67,628 89,198
Termination agreement settlement 675,000 0
Total expenses 4,202,900 3,571,313
Other income (199,205) (272,457)
Other expenses 150,076 320,537
Interest expense 401,904 130,397
Loss before income taxes (4,526,508) (3,749,790)
Provision for income taxes 0 0
Net loss (4,526,508) (3,749,790)
Preferred stock dividends (15,460) (15,460)
Loss attributable to common shareholders $ (4,541,968) $ (3,765,250)
Net loss per share - basic (in dollars per share) $ (0.05) $ (0.06)
Weighted average number of common shares outstanding (in shares) 85,935,461 68,354,944