2017 Q2 Form 10-Q Financial Statement
#000114420417026452 Filed on May 11, 2017
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% |
Facts In Submission
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|
2852 | USD | |
aytu |
Warrants Issued In Connection With Equity Financing To Placement Agents
WarrantsIssuedInConnectionWithEquityFinancingToPlacementAgents
|
292630 | USD | |
aytu |
Warrants Issued In Connection With Equity Financing To Placement Agents
WarrantsIssuedInConnectionWithEquityFinancingToPlacementAgents
|
0 | USD | |
CY2017Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
184000 | USD |
aytu |
Payments For Registered Offering Costs
PaymentsForRegisteredOfferingCosts
|
0 | USD | |
aytu |
Warrant Derivative Liability Related To Issuance Of Convertible Promissory Notes
WarrantDerivativeLiabilityRelatedToIssuanceOfConvertiblePromissoryNotes
|
0 | USD | |
aytu |
Primsol Business Purchase Included In Primsol Payable
PrimsolBusinessPurchaseIncludedInPrimsolPayable
|
0 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
596434 | USD | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
631481 | USD | |
aytu |
Fixed Assets Included In Accounts Payable
FixedAssetsIncludedInAccountsPayable
|
58683 | USD | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
2241989 | USD | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
655416 | USD | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
547109 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
433471 | USD | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
0 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
178338 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-7992571 | USD | |
aytu |
Payments For Deposits Investing Activities
PaymentsForDepositsInvestingActivities
|
0 | USD | |
aytu |
Payments For Deposits Investing Activities
PaymentsForDepositsInvestingActivities
|
-1998 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
203577 | USD | |
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
540000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-741579 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
5175000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
298322 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
10046924 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1312774 | USD | |
aytu |
Warrant Derivative Liability Related To Issuance Of Convertible Promissory Notes
WarrantDerivativeLiabilityRelatedToIssuanceOfConvertiblePromissoryNotes
|
102931 | USD | |
aytu |
Primsol Business Purchase Included In Primsol Payable
PrimsolBusinessPurchaseIncludedInPrimsolPayable
|
1077000 | USD | |
us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
0 | USD | |
us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
5000000 | USD | |
aytu |
Payments For Registered Offering Costs
PaymentsForRegisteredOfferingCosts
|
997865 | USD | |
CY2016Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
112000 | USD |
CY2017Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
894000 | USD |
CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
647000 | USD |
CY2017Q1 | us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
0 | USD |
CY2016Q1 | us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
21000 | USD |
CY2016Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
426000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
2386000 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1561000 | USD | |
us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
0 | USD | |
us-gaap |
License And Maintenance Revenue
LicenseAndMaintenanceRevenue
|
64000 | USD | |
CY2017Q1 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
1041000 | USD |
CY2017Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
35000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
35000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
105000 | USD | |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
86000 | 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 |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
|
318000 | USD |
CY2016Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
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 |