General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Operations

v3.19.1
Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]            
Net revenue $ 1,751,000 $ 1,666,000 $ 6,297,000 $ 3,020,000 $ 4,118,000 $ 902,000
Cost of sales 1,690,000 1,816,000 5,968,000 3,728,000 4,913,000 1,622,000
Gross profit (loss) 61,000 (150,000) 329,000 (708,000) (795,000) (720,000)
Operating expenses:            
Selling and administrative expenses 2,421,000 909,000 5,518,000 2,378,000 3,462,000 2,404,000
Research and development 1,364,000 483,000 2,892,000 1,441,000 1,956,000 1,052,000
Total operating expenses 3,785,000 1,392,000 8,410,000 3,819,000 5,418,000 3,456,000
Operating loss (3,724,000) (1,542,000) (8,081,000) (4,527,000) (6,213,000) (4,176,000)
Other income (expense):            
Change in fair value of derivative liabilities         0 14,000
Interest expense (90,000) (211,000) (1,058,000) (512,000) (752,000) (273,000)
Net loss $ (3,814,000) $ (1,753,000) $ (9,139,000) $ (5,039,000) $ (6,965,000) $ (4,435,000)
Net loss per share - basic and diluted (in dollars per share) $ (0.08) $ (0.07) $ (0.22) $ (0.20) $ (0.27) $ (0.18)
Weighted average number of common shares outstanding - basic and diluted (in shares) 50,769,673 25,112,349 41,054,334 25,142,039 25,394,262 24,544,605