XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2021
Jun. 30, 2020
Current assets:    
Cash $ 1,670,720 $ 560,828
Prepaid expenses 6,059 7,965
Deposits 1,000 1,000
Total current assets 1,677,779 569,793
Property and equipment, net (Note 3) 748 1,368
Total assets 1,678,527 571,161
Current liabilities:    
Accounts payable and accrued expenses 548,914 628,926
Series B Redeemable Convertible Preferred stock, $0.01 par value, 50,000 shares authorized; 200 shares issued and outstanding, liquidation preference of $39,500 and $38,000, respectively (Note 7) 36,900 35,400
Paycheck Protection Program loan (Note 5) 14,933
Deferred compensation (Note 4) 1,012,159 778,217
Loan payable and accrued interest (Note 5) 9,797,842 9,585,883
Total current liabilities 11,395,815 11,043,359
Paycheck Protection Program loan (Note 5) 19,919
Convertible notes payable - affiliates (Note 6) 4,747,829 4,595,841
Total liabilities 16,143,644 15,659,119
Deficit:    
Common stock, no par value, 100,000,000 shares authorized, 35,786,310 and 31,409,005 shares issued, respectively; 35,082,001 and 30,704,696 shares outstanding, respectively
Additional paid-in capital 117,688,204 114,266,683
Subscription receivable - affiliates (Note 8) (504,650) (504,650)
Accumulated deficit (131,688,315) (128,891,893)
Total Bion's stockholders’ deficit (14,504,761) (15,129,860)
Noncontrolling interest 39,644 41,902
Total deficit (14,465,117) (15,087,958)
Total liabilities and deficit 1,678,527 571,161
Series A Preferred Stock [Member]    
Deficit:    
Preferred stock
Series C Preferred Stock [Member]    
Deficit:    
Preferred stock