Organization and Basis of Presentation (Tables)

6 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Fair Value Assumptions for Stock Options

The fair values of stock option grants for the period from July 1, 2015 to December 31, 2015 were estimated using the following assumptions:

Risk free interest rate	0.88% - 1.74%
Expected term (in years)	2.5 - 5.5
Dividend yield	––
Volatility of common stock	95.65% - 99.31%
Estimated annual forfeitures	––