Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
REVENUES:
License and contract revenue	$ 10,612,153	$ 0	$ 37,553,661	$ 0
OPERATING EXPENSES:
Research and development	6,045,884	8,134,575	20,208,981	19,360,659
General and administrative	1,625,189	1,306,300	3,169,764	2,515,646
Total operating expenses	7,671,073	9,440,875	23,378,745	21,876,305
Income (Loss) from operations	2,941,080	(9,440,875)	14,174,916	(21,876,305)
OTHER INCOME (EXPENSE):
Interest income	81,356	5,991	133,082	12,636
Interest expense	(391,363)	(594,535)	(848,040)	(1,218,520)
Total other expense, net	(310,007)	(588,544)	(714,958)	(1,205,884)
Income (Loss) before income taxes	2,631,073	(10,029,419)	13,459,958	(23,082,189)
Income tax benefit, net	399,120	0	173,865	0
NET INCOME (LOSS)	$ 3,030,193	$ (10,029,419)	$ 13,633,823	$ (23,082,189)
Basic net income (loss) per common share	$ 0.02	$ (0.06)	$ 0.07	$ (0.13)
Diluted net income (loss) per common share	$ .01	$ (0.06)	$ 0.07	$ (0.13)
Weighted average number of common shares outstanding used in computing basic net income (loss) per common share	197,238,056	177,798,511	197,175,316	171,823,390
Weighted average number of common shares outstanding used in computing diluted net income (loss) per common share	202,711,616	177,798,511	200,430,824	171,823,390