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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net loss $ (156,847,565) $ (99,997,414)
Adjustments to reconcile net loss to net cash used in operating activities:    
Changes in fair value of warrant liabilities 49,774,638 35,567,205
Warrant related expense   7,649,395
Depreciation and amortization 940,272 633,079
Loss on induced exchanges of debt 13,005,329  
Amortization of deferred revenue (77,298) (43,230)
Amortization of bond premiums   205,071
Amortization of debt issuance costs 1,552,785 547,366
Amortization of deferred rent 169,828 18,062
(Gain) loss on sale of marketable securities   15,682
Increase (decrease) in allowance for doubtful accounts (7,430) (52,561)
Other (296,096) 467,340
Non-cash expense related to stock compensation 2,673,184 2,593,085
Changes in operating assets and liabilities:    
Accounts receivable – net of reserve 293,677 (306,795)
Other receivables (30,000) 125,578
Inventories – net of reserve 580,016 (335,091)
Other current assets (5,458,212) 43,467
Prepaid expenses (3,384,850) 274,515
Accounts payable and accrued expenses (9,467,734) 4,409,509
Accrued interest on non-recourse debt 10,626,390  
Net cash used in operating activities (95,953,066) (48,185,737)
Cash flows from investing activities:    
Purchases of marketable securities (10,380,182) (29,160,546)
Proceeds from sales/maturities of marketable securities 69,841,996 42,240,521
Purchases of property and equipment (4,929,765) (829,325)
Net cash provided by investing activities 54,532,049 12,250,650
Cash flows from financing activities:    
Sale of common stock and warrants, net of related expenses 123,508,937 43,278,473
Exercise of stock options and warrants 997,208 1,812,780
Proceeds from the issuance of non-recourse debt 182,217,000  
Debt conversion fees (530,064)  
Tax withholding payments for stock compensation (1,523,183) (448,625)
Net cash provided by financing activities 304,669,898 44,642,628
Effect of changes in exchange rates on cash and cash equivalents 103,816 (12,698)
Net increase in cash and cash equivalents 263,352,697 8,694,843
Cash and cash equivalents beginning of period 43,393,570 13,203,625
Cash and cash equivalents end of period 306,746,267 21,898,468
Supplemental disclosure of cash flow information:    
Interest paid 2,850,000 $ 4,750,000
Schedule of non-cash investing and financing activities:    
Convertible Senior Notes converted to common stock 80,000,000  
Accrued capital expenditures 1,439,090  
Reclass of warrant liability to capital contributed in excess of par $ 70,149,633