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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
REVENUES:        
Revenues $ (163,971) $ 20,610 $ (452,531) $ 117,989
OPERATING EXPENSES:        
Cost of products sold 29,400 0 54,600 0
Research and development 4,011,418 3,257,624 6,935,269 6,385,113
Selling, general and administrative 5,044,913 2,404,093 7,376,519 4,236,535
Gain on license termination agreement 0 0 (1,623,795) 0
Total operating expenses 9,085,731 5,661,717 12,742,593 10,621,648
Loss from operations (9,249,702) (5,641,107) (13,195,124) (10,503,659)
OTHER (EXPENSE) INCOME:        
Investment income 4,800 399,982 16,935 770,636
Foreign currency loss (745,002) 0 (745,002) 0
Interest expense (1,871) (2,502) (9,360) (11,553)
Total other (expense) income, net (742,073) 397,480 (737,427) 759,083
Net loss $ (9,991,775) $ (5,243,627) $ (13,932,551) $ (9,744,576)
Basic and diluted net loss per common share $ (0.04) $ (0.02) $ (0.06) $ (0.04)
Weighted average number of common shares outstanding used in computing basic and diluted net loss per common share 236,405,065 234,923,592 236,375,463 234,018,417
Product Revenue        
REVENUES:        
Revenues $ (163,971) $ 0 $ (452,531) $ 0
License and Contract        
REVENUES:        
Revenues $ 0 $ 20,610 $ 0 $ 117,989