NOTES PAYABLE (Tables)

6 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Notes Payable

	December 31, 2017			June 30, 2017
Notes payable under venture loan	$	10,333,334		$	14,333,334
Unamortized related debt discount		(78,564	)		(143,524	)
Unamortized debt issuance costs		(44,494	)		(83,215	)
Notes payable		10,210,276			14,106,595
Less: current portion		7,889,152			7,824,935
Long-term portion	$	2,321,124		$	6,281,660