XML 42 R14.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 7. Continuing Operations
9 Months Ended
Mar. 31, 2015
Continuing Operations [Abstract]  
Quarterly Financial Information [Text Block]
7. Continuing Operations

The accompanying condensed consolidated financial statements have been prepared on the going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.

We believe that our existing cash and cash flow from operations will be sufficient to fund our activities for the remainder of fiscal 2015 and throughout fiscal 2016. However, we have based this estimate on assumptions that may prove to be wrong, and we may use our available capital resources sooner than we currently expect. Further, our operating plan may change, and we may need additional funds to meet operational needs and capital requirements for product development and commercialization sooner than planned. Our forecast of the period of time through which our financial resources will be adequate to support our operations is a forward-looking statement and involves risks and uncertainties, and actual results could vary as a result of a number of factors, including the factors discussed in “Risk Factors” on the Company's Form 10-K for the year ended June 30, 2014.