Equity Incentive Plans StockBased Compensation Exercise of Options and Warrants Outstanding (Tables)
6 Months Ended
Dec. 31, 2019
Equity Incentive Plans StockBased Compensation Exercise of Options and Warrants Outstanding (Tables)  
Schedule of stock option activity

 

 

Number of

Options

 

Weighted Average

Exercise Price

 

Weighted Average

Remaining Contractual Life (Years)

 

Aggregate

Intrinsic Value

 

Outstanding at June 30, 2018

 

41,643,571

 

$

0.22

 

2.76

 

$

17,523,113

 

Granted

 

1,195,826

 

$

0.31

 

7.64

 

Exercised

 

(909,090

)

 

$

0.11

 

Forfeited/expired

 

(19,260,424

)

 

$

0.21

 

Outstanding at June 30, 2019

 

22,669,883

 

$

0.24

 

2.41

 

$

1,340,000

 

Granted

 

790,826

 

$

0.13

 

10.0

 

Exercised

 

-

 

$

-

 

-

 

Forfeited/expired

 

(387,165

)

 

$

0.70

 

-

 

Outstanding at December 31, 2019

 

23,073,544

 

$

0.23

 

2.17

 

$

-

 

Exercisable at December 31, 2019

 

21,667,478

 

$

0.23

 

1.74

 

$

-

 

Unvested stock options at December 31, 2019

 

1,406,066

 

$

0.23

 

8.76

 

$

-

 

Schedule of Restricted Stock Award Activity

 

 

Weighted

 

Average

 

Number of

 

Grant Date

 

Shares

 

Fair Value

 

Total awards outstanding at June 30, 2018

 

1,208,157

 

$

0.72

 

Total shares granted

 

1,130,061

 

$

0.40

 

Total shares vested

 

(597,263

)

 

$

0.72

 

Total shares forfeited

 

(11,667

)

 

$

0.76

 

Total unvested shares outstanding at June 30, 2019

 

1,729,288

 

$

0.51

 

Total shares granted

 

1,125,061

 

$

0.13

 

Total shares vested

 

(1,137,561

)

 

$

0.56

 

Total shares forfeited

 

-

 

$

-

 

Total unvested shares outstanding at December 31, 2019

 

1,716,788

 

$

0.23

 

Schedule of vesting outstanding restricted stock

 

Year Ending June 30,

 

2020

 

2021

 

2022

 

2023

 

Total

 

Scheduled vesting

 

12,500

 

1,125,062

 

572,262

 

19,464

 

1,729,288

 

Schedule of outstanding Series B preferred stock warrants

 

 

Warrants

 

Weighted Average Exercise Price

 

Weighted Average Remaining Contractual Life (Years)

 

Aggregate

Intrinsic Value

 

Outstanding at June 30, 2018

 

$

-

 

-

 

$

-

 

Granted

 

10,500

 

982.50

 

2.00

 

Exercised

 

(2,780

)

 

982.50

 

2.00

 

Expired

 

-

 

-

 

Outstanding at June 30, 2019

 

7,720

 

$

985.50

 

1.21

 

$

752,700

 

Granted

 

-

 

-

 

-

 

Exercised

 

(1,192

)

 

966.16

 

1.43

 

Expired

 

-

 

-

 

Outstanding at September 30, 2019

 

6,528

 

$

850.00

 

2.00

 

$

1,501,440

 

Schedule of fair value of the warrants assumptions

 

 

Year Ended June 30,

 

2019

 

2018

 

Expected term (in years)

 

5 - 10

 

3

 

Expected stock price volatility

 

67.34% - 104.11%

 

82.36

%

Risk-free interest rate

 

2.51% - 2.86%

 

2.73

%

Expected dividend yield

 

0

 

0

 

Schedule of outstanding common stock warrants

 

 

Warrants

 

Weighted Average Exercise Price

 

Weighted Average Remaining Contractual Life (Years)

 

Aggregate

Intrinsic Value

 

Outstanding at June 30, 2018

 

8,000,000

 

$

0.38

 

5.0

 

$

-

 

Extended

 

-

 

-

 

-

 

Granted

 

-

 

-

 

-

 

Exercised

 

-

 

-

 

-

 

Expired

 

-

 

-

 

-

 

Outstanding at June 30, 2019

 

8,000,000

 

$

0.38

 

4.0

 

$

-

 

Extended

 

-

 

-

 

-

 

Granted

 

-

 

-

 

-

 

Exercised

 

-

 

-

 

-

 

Expired

 

-

 

-

 

-

 

Outstanding at December 31, 2019

 

8,000,000

 

$

0.38

 

3.5

 

$

-