BASIC AND DILUTED NET LOSS PER SHARE (Tables)

3 Months Ended

Sep. 30, 2016

Earnings Per Share [Abstract]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

Potential common shares not included in calculating diluted net loss per share are as follows:

	As of September 30,
	2016		2015
Stock options and restricted stock units		10,088,754		4,345,970
Stock warrants		863,506		2,610,610
Series B preferred shares		3,256,046		3,302,513
Total		14,208,306		10,259,093