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Summary of Quarterly Financial Data (Unaudited)
12 Months Ended
Jun. 30, 2018
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Data (Unaudited)

Note 12. Summary of Quarterly Financial Data (Unaudited)

The following table sets forth a summary of the unaudited quarterly results of operations for the years ended June 30, 2018 and 2017:

 

2018

 

Q1

 

 

Q2

 

 

Q3

 

 

Q4

 

Revenue

 

$

85,548

 

 

$

-

 

 

$

22,260

 

 

$

236,824

 

Net loss before other items

 

 

1,084,587

 

 

 

1,821,217

 

 

 

1,665,511

 

 

 

1,513,405

 

Net loss

 

 

1,082,719

 

 

 

1,818,890

 

 

 

1,658,748

 

 

 

1,507,797

 

Net loss per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.06

 

 

$

0.08

 

 

$

0.07

 

 

$

0.07

 

Diluted

 

$

0.06

 

 

$

0.08

 

 

$

0.07

 

 

$

0.07

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

Q1

 

 

Q2

 

 

Q3

 

 

Q4

 

Revenue

 

$

5,306

 

 

$

40,599

 

 

$

237,694

 

 

$

(2,928

)

Net loss before other items

 

 

1,265,014

 

 

 

1,867,372

 

 

 

1,527,443

 

 

 

3,052,147

 

Net loss (income)

 

 

(1,953,496

)

 

 

1,824,892

 

 

 

1,424,462

 

 

 

3,043,744

 

Net loss (income) per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.13

)

 

$

0.12

 

 

$

0.09

 

 

$

0.19

 

Diluted

 

$

(0.13

)

 

$

0.12

 

 

$

0.09

 

 

$

0.19