XML 19 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 11,932,328 $ 12,494,184
Costs and expenses    
Cost of product sales 9,562,472 12,586,458
Cost of engineering and development 0 937,725
Advanced engineering and development 4,449,974 4,829,840
Selling, general and administrative 10,252,674 11,109,038
Depreciation and amortization 296,417 551,680
Impairment of long-lived assets 447,000 0
Total costs and expenses 25,008,537 30,014,741
Loss from operations (13,076,209) (17,520,557)
Other income (expense)    
Equity in loss of investee company (307,674) (217,898)
Interest income 23,795 41,661
Interest expense (38,484) (50,474)
Other income 74,031 15,405
Gain on termination of SPI Supply Agreement 0 13,290,000
Total other income (expense) (248,332) 13,078,694
Loss before benefit for income taxes (13,324,541) (4,441,863)
Benefit for income taxes 0 0
Net loss (13,324,541) (4,441,863)
Net loss attributable to noncontrolling interest 354,526 352,327
Net loss attributable to EnSync, Inc. (12,970,015) (4,089,536)
Preferred stock dividend (345,810) (313,286)
Net loss attributable to common shareholders $ (13,315,825) $ (4,402,822)
Net loss per share    
Basic and diluted $ (0.24) $ (0.09)
Weighted average shares - basic and diluted 56,003,019 48,070,993