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Supplemental Cash Flow Information (Tables)
12 Months Ended
Jun. 30, 2013
Supplemental Cash Flow Elements [Abstract]  
Cash Flow Supplemental Disclosures
 
 
 
 
 
 
 
 
 
 
 
Cumulative
 
 
 
Fiscal Year Ended June 30,
 
Amounts from
 
 
 
2013
 
2012
 
2011
 
Inception
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Supplemental disclosure of non-cash transactions:
 
 
 
 
 
 
 
 
 
 
 
 
 
Conversion of convertible note into common stock
 
$
-
 
$
-
 
$
-
 
$
10,000,000
 
Conversion of bridge notes into common stock
 
 
-
 
 
-
 
 
-
 
 
534,316
 
Conversion of preferred stock into common stock
 
 
202,808
 
 
11,783
 
 
136,644
 
 
421,922
 
Allocation of common stock proceeds to warrants
 
 
459,000
 
 
-
 
 
-
 
 
459,000
 
Allocation of preferred stock proceeds to warrants
    and beneficial conversion feature
 
 
-
 
 
1,076,355
 
 
360,733
 
 
8,526,135
 
Allocation of convertible debt proceeds to warrants
    and beneficial conversion feature
 
 
-
 
 
-
 
 
-
 
 
9,340,000
 
Warrants issued for financing costs
 
 
-
 
 
-
 
 
-
 
 
690,984
 
Issuance of common stock for interest payments
    on convertible notes
 
 
-
 
 
-
 
 
-
 
 
2,003,386
 
Issuance of common stock for dividend payments
    on preferred stock
 
 
591,321
 
 
557,153
 
 
2,155,315
 
 
4,213,264
 
Issuance of common stock in settlement of
    accounts payable
 
 
-
 
 
-
 
 
-
 
 
175,000
 
Dividends accrued on preferred stock
 
 
20,000
 
 
114,474
 
 
122,252
 
 
20,000
 
Supplemental disclosure of cash flow information:
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash paid for interest
 
 
122,454
 
 
134,549
 
 
110,649
 
 
494,137