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Consolidated Statements of Stockholders' Equity - USD ($)
Common Stock
Preferred Stock
Accumulated deficit
Total
Balance at Jun. 30, 2014 $ 7,149,812   $ (1,141,133) $ 6,008,679
Balance - Shares at Jun. 30, 2014 2,520,389      
Stock-based compensation expense $ 66,372     66,372
Issuance of common stock in association with capital raise $ 394,060     394,060
Issuance of common stock in association with capital raise - shares 122,000      
Issuance of preferred stock and warrants, net of issuance costs $ (640,544) $ 3,728,980   3,088,436
Issuance of preferred stock and warrants, net of issuance costs - shares   1,610,000    
Preferred stock dividend, in cash   $ (882)   (882)
Preferred stock beneficial conversion feature   2,109,971   2,109,971
Dividend of beneficial conversion feature   (2,109,971)   (2,109,971)
Net loss     (2,250,337) (2,250,337)
Balance at Jun. 30, 2015 $ 7,610,244 $ 3,087,554 (3,391,470) 7,306,328
Balance - Shares at Jun. 30, 2015 2,642,389 1,610,000    
Stock-based compensation expense $ 203,889     203,889
Stock-based compensation - shares 71,596      
Issuance of preferred stock and warrants, net of issuance costs   $ (19,946)   (19,946)
Preferred stock dividend, in common stock $ 273,375   (273,375)  
Preferred stock dividend, in common stock - shares 91,295      
Preferred stock dividend, to be issued, in common stock $ 98,916   (98,916)  
Net loss     (1,902,261) (1,902,261)
Balance at Jun. 30, 2016 $ 7,545,880 $ 3,708,152 $ (5,666,022) $ 5,588,010
Balance - Shares at Jun. 30, 2016 2,805,280 1,610,000