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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows From Operating Activities:    
Net loss $ (16,941,010) $ (11,792,369)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation expense 1,483,156 473,084
Change in fair value of derivative instrument-warrants 1,871,457 (3,218,846)
Change in fair value of contingent consideration 1,170,000  
Depreciation and amortization expense 21,492 16,124
Changes in operating assets and liabilities:    
Accounts payable and accrued expenses (2,599,509) 2,350,563
Prepaid expenses and other assets 71,197 11,590
Net Cash used in Operating Activities (14,923,217) (12,159,854)
Cash Flows From Investing Activities:    
Purchases of property and equipment (12,284) (6,603)
Net Cash Used in Investing Activities (12,284) (6,603)
Cash Flows From Financing Activities:    
Current portion of capital lease (10,410)  
Proceeds from the issuance of common stock and warrants, net 13,563,159 13,525,960
Proceeds from exercise of warrants 85,000  
Proceeds from the exercise of stock options 31,277 34,093
Net Cash provided by Financing Activities 13,669,026 13,560,053
Net increase\(decrease) in cash (1,266,475) 1,393,596
Cash at beginning of period 7,403,940 4,563,165
Cash at end of period 6,137,465 5,956,761
Supplementary Disclosure Of Non-Cash Financing Activities:    
Fair value of warrants issued in conjunction with common stock offering   $ 4,384,523
Series A convertible preferred stock    
Supplementary Disclosure Of Non-Cash Financing Activities:    
Conversion of convertible preferred stock 11,459,872  
Series B convertible preferred stock    
Supplementary Disclosure Of Non-Cash Financing Activities:    
Conversion of convertible preferred stock $ 1,200,000