Debt (Residual Royalty Agreement Liability) (Details) - USD ($) |
3 Months Ended | 9 Months Ended | 12 Months Ended | ||
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Jun. 30, 2019 |
Jun. 30, 2018 |
Jun. 30, 2019 |
Jun. 30, 2018 |
Sep. 30, 2018 |
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Add: Accretion of liability using effective interest rate | $ 147,223 | $ 94,858 | $ 363,520 | $ 122,136 | |
Residual Royalty Agreement liability | 1,824,745 | 1,824,745 | $ 1,753,805 | ||
Residual Royalty Agreement [Member] | |||||
Residual Royalty Agreement liability, fair value at inception | 346,000 | 346,000 | 346,000 | ||
Less: Unamortized discounts | (2,420) | ||||
Add: Accretion of liability using effective interest rate | 564,745 | 201,225 | |||
Residual Royalty Agreement liability, net | 910,745 | 910,745 | 544,805 | ||
Add: Embedded derivative liability at fair value (see Note 3) | 914,000 | 914,000 | 1,209,000 | ||
Residual Royalty Agreement liability | $ 1,824,745 | $ 1,824,745 | $ 1,753,805 |
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- Definition Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as a liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Residual Royalty Agreement liability, net No definition available.
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- Definition Residual Royalty Agreement, Noncurrent No definition available.
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- Definition Unamortized discounts No definition available.
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- Details
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