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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Operating Expenses        
General and administrative $ 2,790,456 $ 1,903,902 $ 11,169,724 $ 5,551,331
Research and development 1,212,380 1,119,203 6,605,038 3,574,529
Depreciation and amortization 31,720 30,825 95,258 92,043
Total Operating Expenses 4,034,556 3,053,930 17,870,020 9,217,903
LOSS FROM OPERATIONS (4,034,556) (3,053,930) (17,870,020) (9,217,903)
Other Income (Expense)        
Change in fair value of contingent consideration (2,078,994) (882,498) (5,070,891) 38,313
Interest expense (95,206) (96,347) (278,327) (282,086)
(Loss) gain on currency transactions (221) 9 (32,510)
Interest and other income 7,291 1,437 22,888 8,809
Total Other Income (Expense) (2,166,909) (977,629) (5,326,321) (267,474)
Loss Before Income Taxes (6,201,465) (4,031,559) (23,196,341) (9,485,377)
Income Tax (Provision) Benefit 849 (34) 124,801
NET LOSS $ (6,201,465) $ (4,030,710) $ (23,196,375) $ (9,360,576)
BASIC AND DILUTED LOSS PER SHARE $ (0.12) $ (0.09) $ (0.44) $ (0.20)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED 52,638,823 46,783,343 52,391,698 46,723,501