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STOCK BASED COMPENSATION PLANS - Summary of reserved shares of common stock for future issuance (Details 1)
12 Months Ended
Jun. 30, 2016
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Exercise of Common Stock Warrants 2,445,653
Conversions of Preferred Stock and cumulative Preferred Stock dividends 99,999
Total shares reserved for future issuance 4,835,197
2013 Stock Incentive Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Issuance under Stock Incentive Plan 162,330
2014 Stock Option Incentive Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Issuance under Stock Incentive Plan 737,215
Issuance under 2015 Equity Incentive Plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Issuance under Stock Incentive Plan 1,250,000
Former Chief Executive Officer  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Issuance under Stock Incentive Plan 140,000