Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation - Stock Options and Warrants (Tables)

v2.4.0.6
Share-Based Compensation - Stock Options and Warrants (Tables)
 9 Months Ended
Mar. 31, 2013
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block] The following table summarizes the components of share-based compensation expense in the Condensed Statements of Operations:
    Three Months Ended
March 31, 		    Nine Months Ended
March 31, 		 
    2013     2012     2013     2012  
Research and development   $ 74,661     $ 58,475     $ 177,874     $ 81,662  
General and administrative     264,138       553,473       831,324       1,924,390  
Total   $ 338,799     $ 611,948     $ 1,009,198     $ 2,006,052  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] The following table summarizes the change in stock options outstanding during the nine months ended March 31, 2013:
    Stock
Options 		 
Outstanding as of June 30, 2012     5,510,000  
Granted     1,330,000  
Forfeited     (80,000 )
Outstanding as of March 31, 2013     6,760,000  
         
Vested and expected to vest as of March 31, 2013     6,731,870  
         
Exercisable as of March 31, 2013     4,029,933  
Schedule of Share-based Compensation, Activity [Table Text Block] The following table summarizes the change in warrants outstanding during the nine months ended March 31, 2013:
    Warrants  
Outstanding as of June 30, 2012     20,940,796  
Granted     100,000  
Outstanding as of March 31, 2013     21,040,796  
         
Exercisable as of March 31, 2013     21,040,796