XML 54 R42.htm IDEA: XBRL DOCUMENT v3.5.0.2
Stockholders' Equity - Additional Information (Detail) - USD ($)
1 Months Ended 12 Months Ended
Jul. 27, 2015
Jun. 13, 2014
Feb. 21, 2014
Dec. 16, 2013
Oct. 02, 2013
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
May 16, 2014
Preferred Stock Stated Value Per Share           $ 1,000      
Preferred Stock, Dividend Rate, Percentage           10.00%      
Preferred Stock, Dividend Payment Terms           If the dividends are paid in shares of Common Stock, such shares will be priced at the lower of 90% of the average volume weighted-average price for the 20 trading days immediately preceding the payment date or $22.40.      
Stock Conversion Price Per Share           $ 0.75      
Stock Issued During Period, Value, New Issues           $ 1,152,397 $ 4,827,569    
Stock Issued During Period Shares Stock Dividend           108,576 59,500 17,524  
Stock Issued During Period, Value, Stock Dividend           $ 40,286 $ 56,583 $ 20,001  
Proceeds from Issuance or Sale of Equity, Total           1,152,397 4,827,569 10,917,325  
Class of Warrant or Right, Number of Securities Called by Warrants or Rights                 3,578,481
Dividends, Preferred Stock           9,502 6,335    
Common stock proceeds to warrants           559,261 1,742,703 0  
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net           $ 1,993,560 3,313 0  
Shares Issued, Price Per Share           $ 0.01      
Common Stock Proceeds To Stock Rights           $ 142,854 775,062 0  
Change in Unrealized Gain (Loss) on Fair Value Hedging Instruments           $ 254,027 12,405 0  
Other Commitments, Description           The agreement included a penalty of 1% per month of the investor’s investment, payable in cash, for every 30 day period up to a maximum of 6% for failure to comply with the terms of the agreement. In the event the listing is not continuously maintained for five years after the closing date, on each monthly anniversary of each such listing default date until the applicable listing default is cured, the Company would pay to each subscriber an amount in cash, as partial liquidated damages equal to 1% of the subscriber’s amounts invested held as of each such date      
Common stock proceeds to warrants and Conversion           $ 135,701 $ 790,507 0  
May 9, 2013 Placement                  
Additional Common Stock Issued Under Exercise Price Reset Feature         3,867        
Dividends Payable         $ 15,468        
Public Placements of Common Stock and Warrants                  
Issuance Of Common Stock And Warrants Price Per Share           $ 0.75      
Stock Issued During Period, Shares, New Issues           666,667 2,358,370    
Gross Proceeds From Issuance of Common Stock       $ 5,400,000          
Proceeds from Issuance or Sale of Equity, Total       $ 5,278,236          
Stock Issued During Period, Shares, Other       180,000          
Payments of Stock Issuance Costs       $ 121,764          
Class of Warrant or Right, Exercise Price of Warrants or Rights           $ 1.50      
Common stock proceeds to warrants           $ 559,261 $ 1,742,703    
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net           $ 1,993,560 3,313    
Maximum                  
Class of Warrant or Right, Exercise Price of Warrants or Rights     $ 4.00           $ 4.00
Minimum [Member]                  
Class of Warrant or Right, Exercise Price of Warrants or Rights     $ 2.00           $ 2.00
Warrant Amendment Agreement                  
Number Of Warrants Exchanged     1,746,666            
Common Shares Issued Upon Exercise Of Warrants     1,746,666            
Series A Warrant | Warrant Amendment Agreement                  
Dividends Payable   $ 847,600              
Class of Warrant or Right, Number of Securities Called by Warrants or Rights   1,630,000              
Series B Warrant | May 9, 2013 Placement                  
Additional Common Stock Issued Under Exercise Price Reset Feature     8,770            
Dividends Payable     $ 35,606            
Series B Warrant | Warrant Amendment Agreement                  
Dividends Payable     $ 2,820,866            
Class of Warrant or Right, Number of Securities Called by Warrants or Rights     1,746,666            
Class of Warrant or Right, Exercise Price of Warrants or Rights     $ 2.00            
Proceeds from Warrant Exercises     $ 3,493,332            
Warrant Exchange Agreements                  
Class of Warrant or Right, Exercise Price of Warrants or Rights           $ 2.83      
Series A And FA Warrant [Member]                  
Dividends, Preferred Stock   $ 1,695,216              
Class of Warrant or Right, Outstanding   3,260,030              
Preferred Stock                  
Stock Conversion Price Per Share           $ 32.00      
Conversion of Stock, Description           The conversion price is subject to adjustment if the Company sells or grants any Common Stock or Common Stock equivalents, subject to certain exclusions, at an effective price per share that is lower than the conversion price of the Series A Convertible Preferred Stock. As a result of multiple issuances of shares of common stock, as of June 30, 2016, the initial conversion prices have been adjusted from $32.00 per share to $0.75 per share.      
Stock Issued During Period, Value, New Issues           $ 667 $ 2,358    
Stock Issued During Period, Shares, New Issues           66,667 235,837    
Stock Issued During Period, Value, Stock Dividend               0  
Dividends, Preferred Stock           $ 0 $ 0    
Common stock                  
Stock Issued During Period, Value, New Issues           $ 9,600 $ 47,470    
Stock Issued During Period, Shares, New Issues           959,996 4,746,952    
Stock Issued During Period, Value, Stock Dividend               $ 301  
Dividends, Preferred Stock           $ 0 $ 0    
Common stock | Public Placements of Common Stock and Warrants                  
Stock Issued During Period, Shares, New Issues           1,626,663 4,746,952    
Warrant                  
Class of Warrant or Right, Exercise Price of Warrants or Rights           $ 1.50      
Six month warrants 1 | Public Placements of Common Stock and Warrants                  
Equity Issuance Per Shares Amount       $ 3          
Six month warrants 2 | Public Placements of Common Stock and Warrants                  
Equity Issuance Per Shares Amount       4          
Three year warrants | Public Placements of Common Stock and Warrants                  
Equity Issuance Per Shares Amount       $ 4          
Series A Preferred stock                  
Preferred Stock, Par or Stated Value Per Share           0.01 $ 0.01    
Shares Issued, Price Per Share           22.40      
October 2, 2013                  
Issuance Of Common Stock And Warrants Price Per Share           $ 5.00      
Stock Issued During Period, Value, New Issues           $ 1,725,000      
Stock Issued During Period, Shares, New Issues           690,000      
Gross Proceeds From Issuance of Common Stock           $ 1,560,770      
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right           2      
Equity Issuance Per Shares Amount           $ 2.50      
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs           $ 164,230      
Series C Preferred Stock [Member]                  
Preferred Stock, Dividend Rate, Percentage           0.00%      
Stock Conversion Price Per Share           $ 0.75      
Percentage of Ownership Interests           4.99%      
Preferred Stock, Par or Stated Value Per Share           $ 0.01 $ 0.01    
Preferred Stock, Dividends Per Share, Declared           $ 7.50      
Series C Preferred Stock [Member] | Public Placements of Common Stock and Warrants                  
Convertible Preferred Stock, Shares Issued upon Conversion           666,667 2,358,370    
Stock Issued During Period, Value, New Issues           $ 1,219,997 $ 5,328,966    
Stock Issued During Period, Shares, New Issues           66,667 235,837    
Payments of Stock Issuance Costs           $ 67,600 $ 501,397    
Convertible Preferred Stock Warrants Issued Upon Conversion           813,332 3,552,640    
Placement Agent Warrants [Member]                  
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 0.75         $ 0.75      
Number Of Warrants Issued 555,552