11. NOTES PAYABLE (Tables)

12 Months Ended

Jun. 30, 2017

Notes Payable [Abstract]

Schedule of notes payable

	June 30,			June 30,
	2017			2016
Notes payable under venture loan	$	14,333,334		$	20,000,000
Unamortized related debt discount		(143,524	)		(324,799	)
Unamortized debt issuance costs		(83,215	)		(193,656	)
Notes payable		14,106,595			19,481,545
Less: current portion		7,824,935			5,374,951
Long-term portion	$	6,281,660		$	14,106,594

Schedule of future principal payments

Year Ending June 30,
2018	$	8,000,000
2019		6,000,000
2020		333,334
		14,333,334
Less: Unamortized debt discount and issuance costs		(226,739	)
Net	$	14,106,595