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Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
REVENUES        
AfterMaster Revenues $ 266,621 $ 19,320 $ 369,844 $ 75,254
Licensing Revenues 0 0 0 1,800,000
Total Revenues 266,621 19,320 369,844 1,875,254
COSTS AND EXPENSES        
Cost of Revenues (Exclusive of Depreciation and Amortization) 243,628 115,345 563,403 317,428
Depreciation and Amortization Expense 46,322 18,927 131,876 53,928
Research and Development 45,972 177,315 138,987 331,681
Advertising and Promotion Expense 24,865 125,597 42,509 269,982
Legal and Professional Expense 61,360 85,390 116,430 342,803
Non-Cash Consulting Expense 427,499 886,874 1,959,408 3,074,385
General and Administrative Expenses 653,160 841,976 2,281,202 2,869,063
Total Costs and Expenses 1,502,806 2,251,424 5,233,815 7,259,270
Loss from Operations (1,236,185) (2,232,104) (4,863,971) (5,384,016)
Other Income (Expense)        
Interest Expense (401,829) (275,449) (1,149,424) (706,174)
Derivative Expense (197,200) 0 (197,200) 0
Change in Fair Value of Derivative (434,125) 0 (434,699) 4,374,585
Loss on Available for Sale Securities 0 0 0 (1,770,000)
Gain (Loss) on Extinguishment of Debt 0 0 9,236 143,344
Total Other Income (Expense) (1,033,154) (275,449) (1,772,087) 2,041,755
Loss Before Income Taxes (2,269,339) (2,507,553) (6,636,058) (3,342,261)
Income Tax Expense 0 0 0 0
NET LOSS (2,269,339) (2,507,553) (6,636,058) (3,342,261)
Preferred Stock Accretion and Dividends (41,999) (27,565) (129,855) (67,712)
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (2,311,338) $ (2,535,118) $ (6,765,913) $ (3,409,973)
Basic and Diluted Loss Per Share of Common Stock $ (0.02) $ (0.03) $ (0.06) $ (0.03)
Weighted Average Number of Shares Outstanding 109,468,240 99,896,132 106,238,848 97,988,045
Other Comprehensive Income, net of tax        
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (2,311,338) $ (2,535,118) $ (6,765,913) $ (3,409,973)
Unrealized loss on AFS Securities 15,000 18,000 (600) 18,000
COMPREHENSIVE LOSS $ (2,296,338) $ (2,517,118) $ (6,766,513) $ (3,391,973)