CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2017	Jun. 30, 2016
Current Assets:
Cash	$ 6,137,465	$ 7,403,940
Prepaid expenses	421,426	491,045
Total Current Assets	6,558,891	7,894,985
Property and equipment, net	71,640	80,848
In-process research and development	3,190,000	3,190,000
Goodwill	1,870,924	1,870,924
Other assets	68,377	69,955
Total Assets	11,759,832	13,106,712
Current Liabilities:
Accounts payable	1,562,795	4,252,243
Accrued expenses	910,833	820,894
Capital lease liability		10,410
Total Current Liabilities	2,473,628	5,083,547
Contingent consideration	4,490,000	3,320,000
Deferred tax liability	1,269,620	1,269,620
Derivative financial instruments, at estimated fair value - warrants	3,912,006	2,115,965
Total Liabilities	12,145,254	11,789,132
Stockholder's Equity:
Convertible preferred stock
Common stock, par value of $.0001 per share. Authorized 120,000,000 shares, 63,707,348 and 32,231,241 shares issued and outstanding at March 31, 2017 and June 30, 2016, respectively	6,371	3,224
Additional paid-in capital	60,121,584	32,226,851
Accumulated deficit	(61,553,505)	(44,612,495)
Total Stockholders' Equity	(385,422)	1,317,580
Total Liabilities and Stockholders' Equity	11,759,832	13,106,712
Series A convertible preferred stock
Stockholder's Equity:
Convertible preferred stock	$ 1,040,128	12,500,000
Series B convertible preferred stock
Stockholder's Equity:
Convertible preferred stock		$ 1,200,000