2017 Q2 Form 10-Q Financial Statement

#000114420417026452 Filed on May 11, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2017 Q1 2016 Q1
Revenue $840.0K $893.5K $668.5K
YoY Change -10.64% 33.66% 2705.58%
Cost Of Revenue $350.0K $324.4K $340.8K
YoY Change 6.06% -4.8%
Gross Profit $490.0K $569.1K $327.7K
YoY Change -18.33% 73.64% 1275.4%
Gross Profit Margin 58.33% 63.69% 49.02%
Selling, General & Admin $3.740M $4.385M $2.165M
YoY Change 18.73% 102.53% 102.33%
% of Gross Profit 763.27% 770.53% 660.62%
Research & Development $190.0K $279.0K $1.144M
YoY Change -93.38% -75.6% 64.75%
% of Gross Profit 38.78% 49.03% 348.95%
Depreciation & Amortization $2.100M $27.00K $18.00K
YoY Change 377.27% 50.0%
% of Gross Profit 428.57% 4.74% 5.49%
Operating Expenses $4.320M $5.753M $3.896M
YoY Change -32.61% 47.68% 112.9%
Operating Profit -$3.830M -$4.860M -$3.227M
YoY Change -34.08% 50.58% 78.69%
Interest Expense -$1.650M $80.72K $4.075M
YoY Change -17.5% -98.02% 11202.2%
% of Operating Profit
Other Income/Expense, Net -$356.5K -$4.047M
YoY Change -91.19% 11124.58%
Pretax Income -$6.750M -$5.220M -$7.274M
YoY Change -55.88% -28.24% 294.86%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$6.750M -$5.216M -$7.274M
YoY Change -55.88% -28.29% 294.86%
Net Earnings / Revenue -803.57% -583.78% -1088.05%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.850B -$1.908B -$18.54B
COMMON SHARES
Basic Shares Outstanding 13.84M shares 10.85M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q2 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $800.0K $3.500M $8.700M
YoY Change -91.21% -59.77%
Cash & Equivalents $802.3K $3.470M $8.666M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $400.0K $400.0K $1.100M
YoY Change 33.33% -63.64%
Inventory $1.312M $200.0K $621.4K
Prepaid Expenses $943.1K
Receivables $528.0K $300.0K $84.27K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.029M $4.400M $10.44M
YoY Change -70.07% -57.84% 532.35%
LONG-TERM ASSETS
Property, Plant & Equipment $647.3K $300.0K $196.9K
YoY Change 179.68% 52.37% 438.07%
Goodwill $238.4K $221.0K
YoY Change 7.89%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.231M $9.561M $200.0K
YoY Change -12.5% 4680.38%
Total Long-Term Assets $11.97M $11.48M $11.55M
YoY Change -15.84% -0.61% 35.06%
TOTAL ASSETS
Total Short-Term Assets $3.029M $4.400M $10.44M
Total Long-Term Assets $11.97M $11.48M $11.55M
Total Assets $15.00M $15.90M $21.99M
YoY Change -38.38% -27.68% 115.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.220M $1.409M $1.200M
YoY Change -4.4% 17.41% 119.64%
Accrued Expenses $782.5K $1.051M $800.0K
YoY Change -34.63% 31.35%
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 $3.610M $3.354M $3.205M
YoY Change -64.27% 4.65% -65.17%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $7.400M $4.000M $1.200M
YoY Change 76.19% 233.33% 200.0%
Total Long-Term Liabilities $7.400M $4.000M $1.200M
YoY Change 76.19% 233.33% 200.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.610M $3.354M $3.205M
Total Long-Term Liabilities $7.400M $4.000M $1.200M
Total Liabilities $11.00M $7.395M $4.420M
YoY Change -22.86% 67.32% -54.2%
SHAREHOLDERS EQUITY
Retained Earnings -$69.07M -$62.32M -$31.26M
YoY Change 48.34% 99.33% 147.93%
Common Stock $73.07M $70.84M $48.83M
YoY Change 28.99% 45.08% 271.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.000M $8.521M $17.57M
YoY Change
Total Liabilities & Shareholders Equity $15.00M $15.92M $21.99M
YoY Change -38.39% -27.6% 115.51%

Cashflow Statement

Concept 2017 Q2 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income -$6.750M -$5.216M -$7.274M
YoY Change -55.88% -28.29% 294.86%
Depreciation, Depletion And Amortization $2.100M $27.00K $18.00K
YoY Change 377.27% 50.0%
Cash From Operating Activities -$3.270M -$2.390M -$2.380M
YoY Change 22.47% 0.42% 23700.0%
INVESTING ACTIVITIES
Capital Expenditures -$60.00K $1.990M -$70.00K
YoY Change -94.5% -2942.86%
Acquisitions
YoY Change
Other Investing Activities $600.0K -$3.270M $0.00
YoY Change -117.29%
Cash From Investing Activities $540.0K -$1.280M -$80.00K
YoY Change -111.84% 1500.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 60.00K 1.920M 170.0K
YoY Change -99.09% 1029.41%
NET CHANGE
Cash From Operating Activities -3.270M -2.390M -2.380M
Cash From Investing Activities 540.0K -1.280M -80.00K
Cash From Financing Activities 60.00K 1.920M 170.0K
Net Change In Cash -2.670M -1.750M -2.290M
YoY Change 330.65% -23.58% 22800.0%
FREE CASH FLOW
Cash From Operating Activities -$3.270M -$2.390M -$2.380M
Capital Expenditures -$60.00K $1.990M -$70.00K
Free Cash Flow -$3.210M -$4.380M -$2.310M
YoY Change 103.16% 89.61%

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322302 shares
CY2015Q3 aytu Placement Agents Cash Fee Percentage
PlacementAgentsCashFeePercentage
0.08 pure
aytu Placement Agents Cash Fee Percentage
PlacementAgentsCashFeePercentage
0.08 pure
us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
20000 USD
CY2016Q1 aytu Warrants Issued To Purchase Of Common Stock
WarrantsIssuedToPurchaseOfCommonStock
22254 shares
CY2016Q1 aytu Warrants Exercise Price Per Share
WarrantsExercisePricePerShare
7.80
CY2016Q2 aytu Warrants Issued To Purchase Of Common Stock
WarrantsIssuedToPurchaseOfCommonStock
22564 shares
CY2016Q2 aytu Warrants Exercise Price Per Share
WarrantsExercisePricePerShare
4.80
CY2017Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13836607 shares
CY2016Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
3741944 shares
CY2016Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
173000 USD
CY2016Q4 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
3000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
441999 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
371636 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.93
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.82
CY2017Q1 aytu Share Based Compensation Arrangement By Share Based Payment Award Options Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAvailableForGrant
1263034 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
736966 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.82
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P8Y14D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P9Y3M29D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y6M11D
aytu Unrecognized Share Based Compensation Expenses
UnrecognizedShareBasedCompensationExpenses
1022000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P2Y22D
CY2016Q2 aytu Share Based Compensation Share Warrants Outstanding Weighted Average Exercise Price
ShareBasedCompensationShareWarrantsOutstandingWeightedAverageExercisePrice
6.19
CY2017Q1 aytu Share Based Compensation Share Warrants Outstanding Weighted Average Exercise Price
ShareBasedCompensationShareWarrantsOutstandingWeightedAverageExercisePrice
2.51
CY2016Q2 aytu Share Based Compensation Share Warrants Outstanding
ShareBasedCompensationShareWarrantsOutstanding
2201627 shares
CY2017Q1 aytu Share Based Compensation Share Warrants Outstanding
ShareBasedCompensationShareWarrantsOutstanding
5720313 shares
aytu Share Based Compensation Share Warrants Issued As Part Of Settlement
ShareBasedCompensationShareWarrantsIssuedAsPartOfSettlement
88032 shares
aytu Share Based Compensation Share Warrants Issued As Part Of Settlement Weighted Average Exercise Price
ShareBasedCompensationShareWarrantsIssuedAsPartOfSettlementWeightedAverageExercisePrice
4
aytu Share Based Compensation Share Warrants Issued On Registered Offering
ShareBasedCompensationShareWarrantsIssuedOnRegisteredOffering
6020245 shares
aytu Share Based Compensation Share Warrants Issued On Placement Agents For Registered Offering
ShareBasedCompensationShareWarrantsIssuedOnPlacementAgentsForRegisteredOffering
401450 shares
aytu Share Based Compensation Share Warrants Issued On Registered Offeringweighted Average Exercise Price
ShareBasedCompensationShareWarrantsIssuedOnRegisteredOfferingweightedAverageExercisePrice
1.86
aytu Share Based Compensation Share Warrants Issued On Placement Agents For Registered Offeringweighted Average Exercise Price
ShareBasedCompensationShareWarrantsIssuedOnPlacementAgentsForRegisteredOfferingweightedAverageExercisePrice
0.75
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2017-03-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Registrant Name
EntityRegistrantName
AYTU BIOSCIENCE, INC
dei Entity Central Index Key
EntityCentralIndexKey
0001385818
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
AYTU
CY2017Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
13836607 shares
CY2017Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1050816 USD
CY2016Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1197106 USD
CY2017Q1 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
4037664 USD
CY2016Q2 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
3869122 USD
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2016Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2016Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2016Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2016Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2017Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13836607 shares
CY2016Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3741944 shares
CY2017Q1 aytu Products And Services Revenue
ProductsAndServicesRevenue
893548 USD
CY2016Q1 aytu Products And Services Revenue
ProductsAndServicesRevenue
647112 USD
aytu Products And Services Revenue
ProductsAndServicesRevenue
2385701 USD
aytu Products And Services Revenue
ProductsAndServicesRevenue
1560854 USD
CY2017Q1 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
0 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
0 USD
us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
230936 USD
us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
0 USD
CY2017Q1 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
292455 USD
CY2016Q1 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
0 USD
us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
292455 USD
us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
0 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
581910 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
126555 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
25980 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
4.42
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1355 shares
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
1910714 USD
aytu Adjustments To Additional Paid In Capital Warrant Amendments
AdjustmentsToAdditionalPaidInCapitalWarrantAmendments
64690 USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
3.23
aytu Share Based Compensation Share Warrants Excercised
ShareBasedCompensationShareWarrantsExcercised
2991041 shares
aytu Share Based Compensation Share Warrants Excercised Weighted Average Exercise Price
ShareBasedCompensationShareWarrantsExcercisedWeightedAverageExercisePrice
0.75
us-gaap Availableforsale Securities Gross Unrealized Gain Loss1
AvailableforsaleSecuritiesGrossUnrealizedGainLoss1
-61519 USD
us-gaap Availableforsale Securities Gross Unrealized Gain Loss1
AvailableforsaleSecuritiesGrossUnrealizedGainLoss1
0 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
428374 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 USD
us-gaap Restructuring Charges
RestructuringCharges
1507 USD
us-gaap Restructuring Charges
RestructuringCharges
0 USD
aytu Amortization Of Beneficial Conversion Feature
AmortizationOfBeneficialConversionFeature
0 USD
aytu Amortization Of Beneficial Conversion Feature
AmortizationOfBeneficialConversionFeature
3942613 USD
aytu Amortization Of Prepaid Research And Development Due To Related Parties
AmortizationOfPrepaidResearchAndDevelopmentDueToRelatedParties
335454 USD
aytu Amortization Of Prepaid Research And Development Due To Related Parties
AmortizationOfPrepaidResearchAndDevelopmentDueToRelatedParties
91487 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
180110 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-72784 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-290984 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
572238 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-307854 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
50053 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-146290 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-68372 USD
us-gaap Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
-10560 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
0 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-64286 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
6000000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
1071707 USD
us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
0 USD
us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
91864 USD
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
1750000 USD
us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
0 USD
aytu Increase Decrease In Accrued Compensation
IncreaseDecreaseInAccruedCompensation
-355359 USD
aytu Increase Decrease In Accrued Compensation
IncreaseDecreaseInAccruedCompensation
591451 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
0 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
208941 USD
us-gaap Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
2775 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
200000 USD
us-gaap Payments Of Debt Restructuring Costs
PaymentsOfDebtRestructuringCosts
29754 USD
aytu Payments For Warrant Tender Offer Cost
PaymentsForWarrantTenderOfferCost
332567 USD
aytu Payments For Warrant Tender Offer Cost
PaymentsForWarrantTenderOfferCost
0 USD
aytu Proceeds From Issuance Of Warrant Tender Offer
ProceedsFromIssuanceOfWarrantTenderOffer
2243281 USD
aytu Proceeds From Issuance Of Warrant Tender Offer
ProceedsFromIssuanceOfWarrantTenderOffer
0 USD
us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
0 USD
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
4268000 USD
aytu Adjustment To Additional Capital Issuance Of Warrants Related To Convertible Promissory Note
AdjustmentToAdditionalCapitalIssuanceOfWarrantsRelatedToConvertiblePromissoryNote
0 USD
aytu Adjustment To Additional Capital Issuance Of Warrants Related To Convertible Promissory Note
AdjustmentToAdditionalCapitalIssuanceOfWarrantsRelatedToConvertiblePromissoryNote
87000 USD
aytu Debt Instrument Convertible Beneficial Conversion Feature Net Of Accretion
DebtInstrumentConvertibleBeneficialConversionFeatureNetOfAccretion
0 USD
aytu Debt Instrument Convertible Beneficial Conversion Feature Net Of Accretion
DebtInstrumentConvertibleBeneficialConversionFeatureNetOfAccretion
1001000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
183000 USD
aytu Warrants Amended In Connection With Warrant Tender Offer
WarrantsAmendedInConnectionWithWarrantTenderOffer
63183 USD
aytu Warrants Amended In Connection With Warrant Tender Offer
WarrantsAmendedInConnectionWithWarrantTenderOffer
0 USD
aytu Primsol Business Purchase Included In Primsol Payable Gross
PrimsolBusinessPurchaseIncludedInPrimsolPayableGross
1250000 USD
aytu Primsol Business Purchase Included In Primsol Payable Gross
PrimsolBusinessPurchaseIncludedInPrimsolPayableGross
1250000 USD
us-gaap Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
173000 USD
us-gaap Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
173000 USD
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
143000 USD
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
143000 USD
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
4943073 USD
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
4943073 USD
us-gaap Accretion Expense
AccretionExpense
3942613 USD
us-gaap Accretion Expense
AccretionExpense
3942613 USD
CY2017Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.75
CY2017Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
2991041 shares
CY2017Q1 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
2200000 USD
CY2017Q1 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
513000 USD
CY2017Q1 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
743000 USD
CY2017Q1 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
603000 USD
CY2017Q1 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
2500000 USD
CY2017Q1 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
0 USD
CY2017Q1 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
0 USD
CY2017Q1 us-gaap Contractual Obligation
ContractualObligation
4359000 USD
us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
On June 8, 2015, we reincorporated as a domestic Delaware corporation under Delaware General Corporate Law and changed our name from Rosewind Corporation to Aytu BioScience, Inc., and effected a reverse stock split in which each common stockholder received one share of common stock for every 12.174 shares outstanding. On June 30, 2016, Aytu effected another reverse stock split in which each common stockholder received one share of common stock for every 12 shares outstanding (herein referred to collectively as the Reverse Stock Splits). All share and per share amounts in this report have been adjusted to reflect the effect of these Reverse Stock Splits.
CY2017Q1 us-gaap Depreciation
Depreciation
27000 USD
CY2016Q1 us-gaap Depreciation
Depreciation
18000 USD
us-gaap Depreciation
Depreciation
72000 USD
us-gaap Depreciation
Depreciation
37000 USD
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
34000 USD
CY2017Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
510825 shares
CY2017Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
23000 USD
aytu Warrants Modified
WarrantsModified
3510432 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.76
CY2017Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
2991041 shares
CY2016Q3 aytu Common Stock Option Repricing Program Description
CommonStockOptionRepricingProgramDescription
Board of Directors approved a common stock option repricing program whereby previously granted and unexercised options held by our then current employees, consultants and directors with exercise prices above $6.00 per share were repriced on a one-for-one basis to $3.23 per share
us-gaap Debt Instrument Convertible Terms Of Conversion Feature
DebtInstrumentConvertibleTermsOfConversionFeature
At the insistence of the underwriters of the offering, all outstanding noteholders had signed lockup agreements which granted them an extra 10% on the conversion, increasing it to 130% of shares calculated by dividing such Note balance by $4.80
CY2017Q1 aytu Cash And Cash Equivalents And Restricted Cash Carrying Value
CashAndCashEquivalentsAndRestrictedCashCarryingValue
3545265 USD
CY2016Q1 aytu Cash And Cash Equivalents And Restricted Cash Carrying Value
CashAndCashEquivalentsAndRestrictedCashCarryingValue
8665835 USD
CY2016Q2 aytu Cash And Cash Equivalents And Restricted Cash Carrying Value
CashAndCashEquivalentsAndRestrictedCashCarryingValue
8054190 USD
CY2015Q2 aytu Cash And Cash Equivalents And Restricted Cash Carrying Value
CashAndCashEquivalentsAndRestrictedCashCarryingValue
7353061 USD

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