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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Jun. 30, 2017
Current assets:            
Cash and cash equivalents $ 19,813,349   $ 38,000,171 $ 25,736,158   $ 40,200,324
Prepaid expenses and other current assets 697,178   513,688      
Total current assets 20,510,527   38,513,859      
Property and equipment, net 156,648   164,035      
Other assets 338,916   338,916      
Total assets 21,006,091   39,016,810      
Current liabilities:            
Accounts payable 474,773   2,223,693      
Accrued expenses 2,640,208   2,103,021      
Notes payable, net of discount 1,328,973   5,948,763      
Other current liabilities 495,169   487,488      
Total current liabilities 4,939,123   10,762,965      
Notes payable, net of discount 0   332,898      
Deferred revenue 0   500,000      
Other non-current liabilities 0   456,038      
Total liabilities 4,939,123   12,051,901      
Stockholders' equity:            
Preferred stock of $0.01 par value - authorized 10,000,000 shares: Series A Convertible: issued and outstanding 4,030 shares as of March 31, 2019 and June 30, 2018 40   40      
Common stock of $0.01 par value - authorized 300,000,000 shares: issued and outstanding 203,063,429 shares as of March 31, 2019 and 200,554,205 shares as of June 30, 2018 2,030,634   2,005,542      
Additional paid-in capital 362,033,736   357,005,233      
Accumulated deficit (347,997,442)   (332,045,906)      
Total stockholders' equity 16,066,968 $ 21,139,698 26,964,909 $ 10,226,387 $ 9,626,053 $ (5,164,644)
Total liabilities and stockholders' equity $ 21,006,091   $ 39,016,810