Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Current assets:
Cash and cash equivalents	$ 40,200,324	$ 8,002,668
Available-for-sale investments	249,837	1,380,556
Accounts receivable	15,116,822	0
Prepaid expenses and other current assets	1,011,221	1,313,841
Total current assets	56,578,204	10,697,065
Property and equipment, net	198,153	97,801
Other assets	56,916	63,213
Total assets	56,833,273	10,858,079
Current liabilities:
Accounts payable	1,551,367	713,890
Accrued expenses	10,521,098	7,767,733
Notes payable, net of discount	7,824,935	5,374,951
Capital lease obligations	14,324	27,424
Deferred revenue	35,050,572	0
Total current liabilities	54,962,296	13,883,998
Notes payable, net of discount	6,281,660	14,106,594
Capital lease obligations	0	14,324
Other non-current liabilities	753,961	439,130
Total liabilities	61,997,917	28,444,046
Commitments and contengencies (Note 12)
Stockholders' deficiency:
Preferred stock of $0.01 par value – authorized 10,000,000 shares: Series A Convertible: issued and outstanding 4,030 shares as of June 30, 2017 and June 30, 2016	40	40
Common stock of $0.01 par value – authorized 300,000,000 shares; issued and outstanding 160,515,361 shares as of June 30, 2017 and 68,568,055 as of June 30, 2016, respectively	1,605,153	685,680
Additional paid-in capital	349,974,538	325,142,509
Accumulated other comprehensive loss	(590)	(1,944)
Accumulated deficit	(356,743,785)	(343,412,252)
Total stockholders' (deficiency) equity	(5,164,644)	(17,585,967)
Total liabilities and stockholders' equity	$ 56,833,273	$ 10,858,079