Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Deficit

v3.10.0.1
Consolidated Statements of Changes in Stockholders' Deficit - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance, shares at Jun. 30, 2016 20,938,000      
Balance at Jun. 30, 2016 $ 21,000 $ 13,383,000 $ (15,262,000) $ (1,858,000)
Issuance of common stock – conversion of related party debt to equity, shares 1,000,000      
Issuance of common stock – conversion of related party debt to equity $ 1,000 399,000   400,000
Issuance of common stock - services, shares 46,000      
Issuance of common stock - services $ 0 19,000   19,000
Issuance of common stock - private placement transactions, net, shares 2,938,000      
Issuance of common stock - private placement transactions, net $ 3,000 1,072,000   1,075,000
Deferred financing costs related to debt modification   10,000   10,000
Stock based compensation   40,000   40,000
Net loss     (4,435,000) (4,435,000)
Balance, shares at Jun. 30, 2017 25,085,000      
Balance at Jun. 30, 2017 $ 25,000 14,923,000 (19,697,000) (4,749,000)
Issuance of common stock - services, shares 174,000      
Issuance of common stock - services   49,000   49,000
Issuance of common stock - private placement transactions, net, shares 5,714,000      
Issuance of common stock - private placement transactions, net $ 6,000 3,969,000   3,975,000
Warrants exchanged for common stock, shares 88,000      
Stock based compensation   255,000   255,000
Net loss     (6,965,000) (6,965,000)
Balance, shares at Jun. 30, 2018 31,061,000      
Balance at Jun. 30, 2018 $ 31,000 $ 19,196,000 $ (26,662,000) $ (7,435,000)