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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
REVENUES        
Product revenue, net $ 216,097 $ 88,741 $ 447,719 $ (363,790)
License and contract 0 0 250,000 0
Total revenues 216,097 88,741 697,719 (363,790)
OPERATING EXPENSES        
Cost of products sold 46,908 55,440 130,012 110,040
Research and development 4,980,074 2,509,490 13,891,235 9,444,759
Selling, general and administrative 3,009,528 4,010,055 10,163,830 11,386,574
Gain on license termination agreement 0 0 0 (1,623,795)
Total operating expenses 8,036,510 6,574,985 24,185,077 19,317,578
Loss from operations (7,820,413) (6,486,244) (23,487,358) (19,681,368)
OTHER INCOME (EXPENSE)        
Investment income 1,127 2,834 4,100 19,769
Foreign currency gain 190,719 753,750 64,000 8,748
Interest expense (3,019) 0 (11,423) (9,360)
Total other income, net 188,827 756,584 56,677 19,157
NET LOSS $ (7,631,586) $ (5,729,660) $ (23,430,681) $ (19,662,211)
Basic and diluted net loss per common share $ (0.03) $ (0.02) $ (0.10) $ (0.08)
Weighted average number of common shares outstanding used in computing basic and diluted net loss per common share 238,805,370 236,832,283 238,444,206 236,525,514