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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Operating Expenses        
General and administrative $ 4,154,901 $ 1,939,988 $ 8,621,598 $ 3,717,911
Research and development 2,144,085 1,334,468 5,150,328 2,384,844
Depreciation and amortization 31,805 30,760 63,538 61,218
Total Operating Expenses 6,330,791 3,305,216 13,835,464 6,163,973
LOSS FROM OPERATIONS (6,330,791) (3,305,216) (13,835,464) (6,163,973)
Other Income (Expense)        
Change in fair value of contingent consideration (167,255) 493,411 (2,991,897) 920,811
Interest expense (93,382) (93,426) (183,121) (185,739)
Gain on currency transactions (32,289) 9 (32,289)
Interest and other income 8,487 3,066 15,597 7,372
Total Other Income (Expense) (252,150) 370,762 (3,159,412) 710,155
Loss Before Income Taxes (6,582,941) (2,934,454) (16,994,876) (5,453,818)
Income Tax (Provision) Benefit 1,158 (34) 123,952
NET LOSS $ (6,582,941) $ (2,933,296) $ (16,994,910) $ (5,329,866)
BASIC AND DILUTED LOSS PER SHARE $ (0.13) $ (0.06) $ (0.33) $ (0.11)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED 52,321,982 46,660,304 52,270,821 46,632,711