Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]        
Net revenue $ 1,751,000 $ 1,666,000 $ 6,297,000 $ 3,020,000
Cost of sales 1,690,000 1,816,000 5,968,000 3,728,000
Gross profit (loss) 61,000 (150,000) 329,000 (708,000)
Operating expenses:        
Selling and administrative expenses 2,421,000 909,000 5,518,000 2,378,000
Research and development 1,364,000 483,000 2,892,000 1,441,000
Total operating expenses 3,785,000 1,392,000 8,410,000 3,819,000
Operating loss (3,724,000) (1,542,000) (8,081,000) (4,527,000)
Other income (expense):        
Interest expense (90,000) (211,000) (1,058,000) (512,000)
Net loss $ (3,814,000) $ (1,753,000) $ (9,139,000) $ (5,039,000)
Net loss per share - basic and diluted $ (0.08) $ (0.07) $ (0.22) $ (0.20)
Weighted average number of common shares outstanding - basic and diluted 50,769,673 25,112,349 41,054,334 25,142,039