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Statements of Cash Flows - USD ($)
9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (9,073,916) $ (1,280,461)
Adjustments to reconcile net loss to net cash used in operating activities    
Series A Preferred shares issued as compensation 547,946 205,837
Common shares issued as compensation and for services 143,050 116,110
Common shares issued for interest 493,334 1,502,869
Warrants issued to Scientific Advisory Board 29,422 $ 52,130
Warrants issued for Series B Debenture interest 56,115
Depreciation 488,997 $ 153,996
Amortization 6,202 6,453
Change in fair value of derivative liability 915,938 (6,463,095)
Amortization of debt discount on convertible debentures 1,046,663 860,454
Changes in operating assets and liabilities:    
Prepaid expenses (100,064) (200,515)
Other current assets 0 150,000
Deferred expenses 0 375,000
Other long term assets 27,341 0
Accounts payable (17,657) (353,071)
Accounts payable - related party 64,669 (115,555)
Accrued expenses 49,854 33,215
Deferred interest payable (125,000) 0
NET CASH USED IN OPERATING ACTIVITIES (5,447,105) (4,956,633)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Collateral advance for affiliate 0 1,000,000
Purchase of property and equipment (424,267) (5,564,152)
NET CASH USED IN INVESTING ACTIVITIES (424,267) (4,564,152)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of warrants 0 6,743,297
NET CHANGE IN CASH (5,871,372) (2,777,488)
Cash and cash equivalent at beginning of period 31,467,748 36,696,892
Cash and cash equivalent at end of period 25,596,376 33,919,404
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:    
Interest paid 791,115 0
Income tax paid 0 0
NON CASH FINANCING AND INVESTING ACTIVITIES:    
Series A Preferred stock issued as discount on Debentures 0 1,152,297
Common Stock issued upon cashless exercise of stock options 313 0
Reduction in leasehold improvements and fixtures and accumulated depreciation due to decommissioning of West Haven, CT facilities 332,476 0
Issuance of Series C Debenture for deposit received 0 5,000,000
Bifurcation of embedded derivative $ 0 $ 1,879,428