XML 16 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
REVENUES        
Product revenue, net $ 72,140 $ (163,971) $ 231,622 $ (452,531)
License and contract 250,000 0 250,000 0
Revenue 250,000 (163,971) 481,622 (452,531)
OPERATING EXPENSES        
Cost of products sold 29,171 29,400 83,104 54,600
Research and development 5,426,397 4,011,418 8,911,161 6,935,269
Selling, general and administrative 3,317,760 5,044,913 7,154,302 7,376,519
Gain on license termination agreement 0 0 0 (1,623,795)
Total operating expenses 8,773,328 9,085,731 16,148,567 12,742,593
Loss from operations (8,451,188) (9,249,702) (15,666,945) (13,195,124)
OTHER INCOME (EXPENSE)        
Investment income 1,563 4,800 2,973 16,935
Foreign currency loss (234,078) (745,002) (126,719) (745,002)
Interest expense (2,773) (1,871) (8,404) (9,360)
Total other expense, net (235,288) (742,073) (132,150) (737,427)
NET LOSS $ (8,686,476) $ (9,991,775) $ (15,799,095) $ (13,932,551)
Basic and diluted net loss per common share $ (0.04) $ (0.04) $ (0.07) $ (0.06)
Weighted average number of common shares outstanding used in computing basic and diluted net loss per common share 238,276,793 236,405,065 238,256,318 236,375,463