2016 Q2 Form 10-Q Financial Statement
#000114420416100633 Filed on May 11, 2016
Income Statement
Concept | 2016 Q2 | 2016 Q1 | 2015 Q2 |
---|---|---|---|
Revenue | $940.0K | $668.5K | $180.0K |
YoY Change | 422.22% | 2705.58% | |
Cost Of Revenue | $330.0K | $340.8K | $90.00K |
YoY Change | 266.67% | ||
Gross Profit | $600.0K | $327.7K | $90.00K |
YoY Change | 566.67% | 1275.4% | |
Gross Profit Margin | 63.83% | 49.02% | 50.0% |
Selling, General & Admin | $3.150M | $2.165M | $1.400M |
YoY Change | 125.0% | 102.33% | 13900.0% |
% of Gross Profit | 525.0% | 660.62% | 1555.56% |
Research & Development | $2.870M | $1.144M | $850.0K |
YoY Change | 237.65% | 64.75% | |
% of Gross Profit | 478.33% | 348.95% | 944.44% |
Depreciation & Amortization | $440.0K | $18.00K | $50.00K |
YoY Change | 780.0% | ||
% of Gross Profit | 73.33% | 5.49% | 55.56% |
Operating Expenses | $6.410M | $3.896M | $2.240M |
YoY Change | 186.16% | 112.9% | 22300.0% |
Operating Profit | -$5.810M | -$3.227M | -$2.150M |
YoY Change | 170.23% | 78.69% | |
Interest Expense | -$2.000M | $4.075M | $0.00 |
YoY Change | 11202.2% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$4.047M | ||
YoY Change | 11124.58% | ||
Pretax Income | -$15.30M | -$7.274M | -$2.160M |
YoY Change | 608.33% | 294.86% | 21500.0% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$15.30M | -$7.274M | -$2.160M |
YoY Change | 608.33% | 294.86% | 21500.0% |
Net Earnings / Revenue | -1627.66% | -1088.05% | -1200.0% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$20.25B | -$18.54B | -$34.08B |
COMMON SHARES | |||
Basic Shares Outstanding | 44.86M shares | 173.6M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q2 | 2016 Q1 | 2015 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $9.100M | $8.700M | $7.400M |
YoY Change | 22.97% | ||
Cash & Equivalents | $8.054M | $8.666M | $7.353M |
Short-Term Investments | $1.000M | ||
Other Short-Term Assets | $300.0K | $1.100M | $500.0K |
YoY Change | -40.0% | ||
Inventory | $524.7K | $621.4K | $39.44K |
Prepaid Expenses | $943.1K | $370.9K | |
Receivables | $162.4K | $84.27K | $157.1K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $10.12M | $10.44M | $8.042M |
YoY Change | 25.84% | 532.35% | 143.57% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $231.4K | $196.9K | $29.71K |
YoY Change | 679.07% | 438.07% | -48.11% |
Goodwill | $221.0K | $221.0K | $74.00K |
YoY Change | 198.65% | ||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $10.55M | $200.0K | $0.00 |
YoY Change | |||
Total Long-Term Assets | $14.22M | $11.55M | $10.14M |
YoY Change | 40.22% | 35.06% | 16.39% |
TOTAL ASSETS | |||
Total Short-Term Assets | $10.12M | $10.44M | $8.042M |
Total Long-Term Assets | $14.22M | $11.55M | $10.14M |
Total Assets | $24.34M | $21.99M | $18.19M |
YoY Change | 33.86% | 115.51% | 51.34% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.323M | $1.200M | $1.200M |
YoY Change | 93.55% | 119.64% | 84.76% |
Accrued Expenses | $1.197M | $800.0K | $200.0K |
YoY Change | 498.55% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $10.10M | $3.205M | $1.478M |
YoY Change | 583.85% | -65.17% | -75.75% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $4.200M | $1.200M | $1.100M |
YoY Change | 281.82% | 200.0% | |
Total Long-Term Liabilities | $4.200M | $1.200M | $1.100M |
YoY Change | 281.82% | 200.0% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $10.10M | $3.205M | $1.478M |
Total Long-Term Liabilities | $4.200M | $1.200M | $1.100M |
Total Liabilities | $14.26M | $4.420M | $2.569M |
YoY Change | 455.01% | -54.2% | -61.35% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$46.56M | -$31.26M | -$18.38M |
YoY Change | 153.31% | 147.93% | 72.47% |
Common Stock | $56.65M | $48.83M | $39.00M |
YoY Change | 45.26% | 271.02% | 143.32% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $10.09M | $17.57M | $15.62M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $24.34M | $21.99M | $18.19M |
YoY Change | 33.86% | 115.51% | 51.34% |
Cashflow Statement
Concept | 2016 Q2 | 2016 Q1 | 2015 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$15.30M | -$7.274M | -$2.160M |
YoY Change | 608.33% | 294.86% | 21500.0% |
Depreciation, Depletion And Amortization | $440.0K | $18.00K | $50.00K |
YoY Change | 780.0% | ||
Cash From Operating Activities | -$2.670M | -$2.380M | -$1.780M |
YoY Change | 50.0% | 23700.0% | 17700.0% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.090M | -$70.00K | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$3.470M | $0.00 | -$1.000M |
YoY Change | 247.0% | ||
Cash From Investing Activities | -$4.560M | -$80.00K | -$1.000M |
YoY Change | 356.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 6.610M | 170.0K | 8.650M |
YoY Change | -23.58% | 28733.33% | |
NET CHANGE | |||
Cash From Operating Activities | -2.670M | -2.380M | -1.780M |
Cash From Investing Activities | -4.560M | -80.00K | -1.000M |
Cash From Financing Activities | 6.610M | 170.0K | 8.650M |
Net Change In Cash | -620.0K | -2.290M | 5.870M |
YoY Change | -110.56% | 22800.0% | 29250.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.670M | -$2.380M | -$1.780M |
Capital Expenditures | -$1.090M | -$70.00K | $0.00 |
Free Cash Flow | -$1.580M | -$2.310M | -$1.780M |
YoY Change | -11.24% | 17700.0% |
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CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
7901426 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
15771692 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
7901426 | shares | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
547109 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
749810 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
433471 | USD | |
aytu |
Payments For Deposits Investing Activities
PaymentsForDepositsInvestingActivities
|
-1998 | USD | |
aytu |
Payments For Deposits Investing Activities
PaymentsForDepositsInvestingActivities
|
1998 | USD | |
CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
|
118697 | USD |
CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
|
17697 | USD |
us-gaap |
Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
|
284633 | USD | |
us-gaap |
Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
|
53091 | USD | |
CY2016Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
27983 | USD |
CY2015Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-50054 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD | |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
3895914 | USD |
CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
1829966 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
10029576 | USD | |
aytu |
Amortization Of Prepaid Research And Development Due To Related Parties
AmortizationOfPrepaidResearchAndDevelopmentDueToRelatedParties
|
91488 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-23910 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
581910 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
11233 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
572238 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-496322 | USD | |
aytu |
Increase Decrease In Prepaid Research And Development Due To Related Parties
IncreaseDecreaseInPrepaidResearchAndDevelopmentDueToRelatedParties
|
0 | USD | |
aytu |
Increase Decrease In Prepaid Research And Development Due To Related Parties
IncreaseDecreaseInPrepaidResearchAndDevelopmentDueToRelatedParties
|
-150000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-18319 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-103158 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-392509 | USD | |
aytu |
Increase Decrease In Accrued Compensation
IncreaseDecreaseInAccruedCompensation
|
591451 | USD | |
aytu |
Increase Decrease In Accrued Compensation
IncreaseDecreaseInAccruedCompensation
|
98949 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
208941 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-42673 | USD | |
us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
-10560 | USD | |
us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
0 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-64286 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-64286 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
540000 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
0 | USD | |
us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
5000000 | USD | |
us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
0 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
178338 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | USD | |
aytu |
Warrant Derivative Liability Related To Issuance Of Convertible Promissory Notes
WarrantDerivativeLiabilityRelatedToIssuanceOfConvertiblePromissoryNotes
|
102931 | USD | |
aytu |
Warrant Derivative Liability Related To Issuance Of Convertible Promissory Notes
WarrantDerivativeLiabilityRelatedToIssuanceOfConvertiblePromissoryNotes
|
0 | USD | |
aytu |
Primsol Business Purchase Included In Primsol Payable
PrimsolBusinessPurchaseIncludedInPrimsolPayable
|
1077000 | USD | |
aytu |
Primsol Business Purchase Included In Primsol Payable
PrimsolBusinessPurchaseIncludedInPrimsolPayable
|
0 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
298322 | USD | |
CY2015Q2 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
12.174 | pure |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
73746 | USD | |
aytu |
Amortization Of Prepaid Research And Development Due To Related Parties
AmortizationOfPrepaidResearchAndDevelopmentDueToRelatedParties
|
91487 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-7992571 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-4846450 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
203577 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-741579 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1998 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
10046924 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
3700000 | USD | |
CY2015Q2 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
10142947 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2016Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1312774 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1148448 | USD | |
CY2014Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2639650 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1491202 | USD |
CY2016Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
97000 | USD |
CY2015Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
60000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1561000 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
15000 | USD | |
us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
21000 | USD | |
us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
64000 | USD | |
CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
647000 | USD |
CY2015Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
35000 | USD |
CY2015Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
3000 | USD |
CY2016Q1 | aytu |
Unrecognized Share Based Compensation Expenses
UnrecognizedShareBasedCompensationExpenses
|
1554000 | USD |
CY2016Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P2Y10M24D | |
CY2016Q1 | aytu |
Share Based Compensation Share Warrants Outstanding
ShareBasedCompensationShareWarrantsOutstanding
|
369665 | shares |
CY2016Q1 | aytu |
Share Based Compensation Share Warrants Outstanding Weighted Average Exercise Price
ShareBasedCompensationShareWarrantsOutstandingWeightedAverageExercisePrice
|
1.73 | |
CY2015Q2 | aytu |
Share Based Compensation Share Warrants Outstanding
ShareBasedCompensationShareWarrantsOutstanding
|
102613 | shares |
CY2015Q2 | aytu |
Share Based Compensation Share Warrants Outstanding Weighted Average Exercise Price
ShareBasedCompensationShareWarrantsOutstandingWeightedAverageExercisePrice
|
4.53 | |
CY2015 | aytu |
Class Of Warrant Or Rights Weighted Average Remaining Contractual Term
ClassOfWarrantOrRightsWeightedAverageRemainingContractualTerm
|
P2Y11M1D | |
aytu |
Class Of Warrant Or Rights Weighted Average Remaining Contractual Term
ClassOfWarrantOrRightsWeightedAverageRemainingContractualTerm
|
P3Y9M11D | ||
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
86000 | USD | |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
43000 | USD | |
CY2015Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
5200000 | USD |
CY2015Q3 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
401000 | USD |
CY2015Q3 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
103000 | USD |
CY2016Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2016Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2016Q1 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
1718828000000 | shares |
CY2016Q1 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
11549010 | USD |
CY2016Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2016Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2016Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
22446481 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14259681 | shares |
CY2016Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
22446481 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
14259681 | shares |
aytu |
Amortization Of Beneficial Conversion Feature
AmortizationOfBeneficialConversionFeature
|
3942613 | USD | |
aytu |
Amortization Of Beneficial Conversion Feature
AmortizationOfBeneficialConversionFeature
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-72784 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1036 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
5175000 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
200000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
29754 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD | |
aytu |
Primsol Business Purchase Included In Primsol Payable Gross
PrimsolBusinessPurchaseIncludedInPrimsolPayableGross
|
1250000 | USD | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
4268000 | USD | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
0 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
3700000 | USD | |
us-gaap |
Conversion Of Stock Description
ConversionOfStockDescription
|
The number of shares of Company stock that these warrants will convert into is equal to 8% of the gross number of shares of the Company stock issuable upon conversion of the Notes issued to investors introduced to the Company by the private placement agents pursuant to the private placement memorandum. The exercise price will be the conversion price per share at which the first outstanding Note converts into Company common stock. The warrants have a term of five years from August 31, 2015 due to the conversion setting the price of these warrants (see Note 8). | ||
us-gaap |
Accretion Expense
AccretionExpense
|
3942613 | USD | |
aytu |
Debt Instrument Conversion Premium Percentage
DebtInstrumentConversionPremiumPercentage
|
0.1 | pure | |
CY2016Q1 | us-gaap |
Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
|
2105000 | USD |
CY2016Q1 | us-gaap |
Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
|
674000 | USD |
us-gaap |
Debt Issuance Costs
DebtIssuanceCosts
|
20000 | USD | |
aytu |
Class Of Warrant Term
ClassOfWarrantTerm
|
P5Y | ||
CY2016Q1 | aytu |
Warrants Issued To Purchase Of Common Stock
WarrantsIssuedToPurchaseOfCommonStock
|
267052 | shares |
CY2016Q1 | aytu |
Warrants Exercise Price Per Share
WarrantsExercisePricePerShare
|
0.65 | |
CY2016Q1 | aytu |
Warrants Exercisable Term
WarrantsExercisableTerm
|
P5Y | |
CY2016Q1 | us-gaap |
Contractual Obligation
ContractualObligation
|
3800000 | USD |
CY2016Q1 | us-gaap |
Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
|
427000 | USD |
CY2016Q1 | us-gaap |
Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
|
312000 | USD |
CY2016Q1 | us-gaap |
Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
|
282000 | USD |
CY2016Q1 | us-gaap |
Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
|
0 | USD |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
200000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
547109 | USD | |
aytu |
Stock Subscription
StockSubscription
|
5000000 | USD | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
8997957 | USD | |
aytu |
Adjustment For Rounding Of Value Due To Conversion
AdjustmentForRoundingOfValueDueToConversion
|
0 | USD | |
aytu |
Share Based Compensation Share Warrants Issued On Convertible Promisory Notes
ShareBasedCompensationShareWarrantsIssuedOnConvertiblePromisoryNotes
|
267052 | shares | |
aytu |
Share Based Compensation Share Warrants Issued On Convertible Promisory Notes Weighted Average Exercise Price
ShareBasedCompensationShareWarrantsIssuedOnConvertiblePromisoryNotesWeightedAverageExercisePrice
|
0.65 | ||
us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P5Y | ||
aytu |
Placement Agents Cash Fee Percentage
PlacementAgentsCashFeePercentage
|
0.08 | pure | |
us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
On June 8, 2015, in connection with the reincorporation as a Delaware corporation, the Company effected a reverse stock split in which each common stock holder received one share of common stock for every 12.174 shares then outstanding (the “Reverse Stock Split”). | ||
CY2015Q3 | aytu |
Management Fee Payable Per Month
ManagementFeePayablePerMonth
|
18000 | USD |
aytu |
Adjustment To Additional Capital Issuance Of Warrants Related To Convertible Promissory Note
AdjustmentToAdditionalCapitalIssuanceOfWarrantsRelatedToConvertiblePromissoryNote
|
87000 | USD | |
aytu |
Adjustment To Additional Capital Issuance Of Warrants Related To Convertible Promissory Note
AdjustmentToAdditionalCapitalIssuanceOfWarrantsRelatedToConvertiblePromissoryNote
|
0 | USD | |
aytu |
Debt Instrument Convertible Beneficial Conversion Feature Net Of Accretion
DebtInstrumentConvertibleBeneficialConversionFeatureNetOfAccretion
|
1001000 | USD | |
aytu |
Debt Instrument Convertible Beneficial Conversion Feature Net Of Accretion
DebtInstrumentConvertibleBeneficialConversionFeatureNetOfAccretion
|
0 | USD | |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
183000 | USD | |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
0 | USD | |
aytu |
Primsol Business Purchase Included In Primsol Payable Gross
PrimsolBusinessPurchaseIncludedInPrimsolPayableGross
|
1250000 | USD | |
us-gaap |
Accretion Of Discount
AccretionOfDiscount
|
173000 | USD | |
us-gaap |
Accretion Of Discount
AccretionOfDiscount
|
173000 | USD | |
us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
143000 | shares | |
us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
143000 | shares | |
CY2016Q1 | us-gaap |
Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
|
1155000 | USD |
CY2016Q1 | aytu |
Common Stock Shares Authorized Amendment
CommonStockSharesAuthorizedAmendment
|
100000000 | shares |
CY2016Q1 | aytu |
Preferred Stock Shares Authorized Amendment
PreferredStockSharesAuthorizedAmendment
|
10000000 | shares |
CY2016Q2 | us-gaap |
Payments For Fees
PaymentsForFees
|
2000000 | USD |
CY2016Q1 | us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
21000 | USD |
CY2015Q1 | us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
64000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Ownshare Lending Arrangement Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts
|
29754 | USD | |
us-gaap |
Accretion Expense
AccretionExpense
|
3942613 | USD | |
us-gaap |
Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
|
4943073 | USD | |
us-gaap |
Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
|
4943073 | USD |