Exhibit 99.1

UNITED STATES BANKRUPTCY COURT

DISTRICT OF DELAWARE


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

MONTHLY OPERATING REPORT

File with Court and submit copy to United States Trustee within 20 days after end of month

Submit copy of report to any official committee appointed in the case.

Document

Affidavit/Supplement

REQUIRED DOCUMENTS

Form No.

Attached

Footnote

Schedule of Cash Receipts and Disbursements

MOR-1

Bank Reconciliation (or copies of debtor’s bank reconciliations)

MOR-1a

Schedule of Professional Fees Paid

MOR-1b

Copies of bank statements

See Declaration.

Cash disbursements journals

Statement of Operations

MOR-2

See MOR-1.

[2]

Balance Sheet

MOR-3

Status of Postpetition Taxes

MOR-4

Copies of IRS Form 6123 or payment receipt

See Declaration.

[3]

Copies of tax returns filed during reporting period

See Declaration.

[3]

Summary of Unpaid Postpetition Debts

MOR-4

Listing of aged accounts payable

MOR-4

Accounts Receivable Reconciliation and Aging

MOR-5

Debtor Questionnaire

MOR-5

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.



Signature of Debtor						Date


Signature of Joint Debtor						Date

/s/ Dennis Pyers						27 July 2017
Signature of Authorized Individual*						Date

Dennis Pyers						Interim CFO and CAO
Printed Name of Authorized Individual						Title of Authorized Individual

*	Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.

[1]	The debtors’ names are abbreviated in this report as follows:

Unilife Corporation - UC

Unilife Medical Solutions, Inc. - UMS

Unilife Cross Farm LLC - UCF

[2]	Post-petition, the Debtor began keeping its books on a cash basis. Accordingly, the Statement of Operations (MOR-2) and the Schedule of Cash Receipts and Disbursements (MOR-1) present the same information.

[3]	No tax returns, including IRS Form 6123, were filed during the period.


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS

Amounts reported should be per the debtor’s books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. The amounts reported in the “CURRENT MONTH - ACTUAL” column must equal the sum of the four bank account columns. The amounts reported in the “PROJECTED” columns should be taken from the SMALL BUSINESS INITIAL REPORT (FORM IR-1). Attach copies of the bank statements and the cash disbursements journal. The total disbursements listed in the disbursements journal must equal the total disbursements reported on this page. A bank reconciliation must be attached for each account. [See MOR-1 (CON’T)]


									BANK ACCOUNTS											CURRENT MONTH						CUMULATIVE FILING TO DATE
	UC								UMS						UCF					CONSOLIDATED						CONSOLIDATED
	OPERATING			OTHER		OPERATING			PAYROLL		UTILITY		OTHER		OPERATING			OTHER		ACTUAL			PROJECTED [1]			ACTUAL		PROJECTED [1]
CASH BEGINNING OF MONTH	$	205,401		$	136,162	$	2,478,924		$	0	$	39,845	$	35,278	$	(297	)	$	—	$	2,895,313		$	2,453,929		$	1,918,421	$	1,746,545

RECEIPTS
CASH SALES		—			—		—			—		—		—		—			—		—			—			—		—
ACCOUNTS RECEIVABLE		—			—		35,067			—		—		—		—			—		35,067			117,267			481,847		479,993
LOANS AND ADVANCES		1,000,000			—		—			—		—		—		—					1,000,000			1,000,000			3,500,000		3,500,000
SALE OF ASSETS		—			—		—			—		—		—		—			—		—			—			—		—
OTHER (ATTACH LIST)		0			—		65,831			—		0		—		215			—		66,046			44,128			154,770		92,652
TRANSFERS (FROM DIP ACCTS)		—			—		545,000			656,959		—		—		114			—		1,202,073			—			5,189,246		—


TOTAL RECEIPTS		1,000,000			—		645,898			656,959		0.33		—		329			—		2,303,187			1,161,395			9,325,864		4,072,645


DISBURSEMENTS
NET PAYROLL & PAYROLL TAXES		—			—		226,237			656,959		—		—		—			—		883,196			946,757			2,136,341		2,180,216
SALES, USE, & OTHER TAXES		—			—		—			—		—		—		—			—		—			—			2,000		—
INVENTORY PURCHASES		—			—		—			—		—		—		—			—		—			—			—		—
SECURED/ RENTAL/ LEASES		—			—		107,747			—		—		—		—			—		107,747			40,905			282,193		267,931
INSURANCE		—			—		17,753			—		—		—		—			—		17,753			17,753			57,600		57,075
ADMINISTRATIVE		299			—		134,576			—		—		—		—			—		134,875			231,392			238,210		478,703
SELLING		—			—		28,578			—		—		—		—			—		28,578			—			46,398		—
OTHER (ATTACH LIST)		33,693			—		46,898			—		—		—		32			—		80,624			345,683			105,311		359,097

OWNER DRAW *		—			—		—			—		—		—		—			—		—			—			—		—
TRANSFERS (TO DIP ACCTS)		545,000			—		657,073					—		—		—			—		1,202,073			—			5,189,246		—

PROFESSIONAL FEES		508,333			—		—			—		—		—		—			—		508,333			508,333			951,666		951,666
U.S. TRUSTEE QUARTERLY FEES		—			—		—			—		—		—		—			—		—			—			—		—
COURT COSTS		—			—		—			—		—		—		—			—		—			—			—		—

TOTAL DISBURSEMENTS		1,087,325			—		1,218,863			656,959		—		—		32			—		2,963,180			2,090,823			9,008,965		4,294,689


NET CASH FLOW		(87,325	)		—		(572,965	)		—		0.33		—		297			—		(659,993	)		(929,428	)		316,899		(222,044	)
(RECEIPTS LESS DISBURSEMENTS)

CASH - END OF MONTH	$	118,076		$	136,162	$	1,905,958		$	0	$	39,846	$	35,278	$	(0	)	$	—	$	2,235,320		$	1,524,501		$	2,235,320	$	1,524,501

*	COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE

[1]	UPDATED CURRENT MONTH AND CUMMULATIVE PROJECTIONS PER SECOND AND THIRD AMENDED DIP BUDGETS (DOCKET NOS. 220 & 239)

THE FOLLOWING SECTION MUST BE COMPLETED

DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN)


TOTAL DISBURSEMENTS	$	2,963,180
LESS: TRANSFERS TO DEBTOR IN POSSESSION ACCOUNTS	$	1,202,073
PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts)	$	93,608
TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES	$	1,854,715


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

A bank reconciliation must be included for each bank account. The debtor’s bank reconciliation may be substituted for this page.


	UMS Petty Cash (Operating)				UMS Operating					UMS Operating				UMS Operating				UMS Operating				UMS Other - Savings				UMS Total Operating					UMS Utilities				UMS Payroll				UMS Other -PNC CD			UMS Restricted Bond
		#		n/a		#		0928			#		0570		#		3760		#		4310		#		1600					#		1951		#		6102 #					3480		#		n/a
BALANCE PER BOOKS				433				103,051					1,801,066				0				1,167				242		1,905,958					39,846				—					35,278				300,003
BANK BALANCE				433				141,370					1,801,066				0				1,167				242		1,944,277					39,846						—			35,278				300,003
(+) DEPOSITS IN TRANSIT (ATTACH LIST)				—				—					—				—				—				—		—					—						—			—				—
(-) OUTSTANDING CHECKS (ATTACH LIST)				—				(38,319	)				—				—				—				—		(38,319	)				—						—			—				—
OTHER (ATTACH EXPLANATION)				—				—					—				—				—				—		—					—						—			—				—
ADJUSTED BANK BALANCE *			$	433			$	103,051				$	1,801,066			$	0			$	1,167			$	242	$	1,905,958				$	39,846					$	—		$	35,278			$	300,003
* Adjusted bank balance must equal
balance per books

DEPOSITS IN TRANSIT	Date		Amount		Date		Amount			Date		Amount		Date		Amount		Date		Amount		Date		Amount					Date		Amount		Date		Amount				Date	Amount		Date		Amount








CHECKS OUTSTANDING	Ck. #		Amount		Ck. #		Amount			Ck. #		Amount		Ck. #		Amount		Ck. #		Amount		Ck. #		Amount					Ch.#		Amount		Ch.#		Amount				Ck. #	Amount		Ck. #		Amount
						34233		17,753.01
						34234		7,697.75
						34235		4,224.07
						34236		1,857.83
						34237		2,123.27
						34238		2,786.86
						34239		24.34
						34240		166.79
						34241		263.04
						34242		251.64
						34243		162.47
						34244		106.00
						34245		315.00
						34246		587.13
OTHER
OTHER RECEIPTS
COBRA payments			$	—			$	11,011				$	—			$	—			$	—			$	—	$	11,011				$	—					$	—		$	—			$	—
Interest				—				—					170				—				—				0		170					0						—			—				—
Sublease Payment				—				44,128					—				—				—				—		44,128					—						—			—				—
Refunds / Returned Checks				—				10,522					—				—				—				—		10,522					—						—			—				—
Reimbursements from former employees				—				—					—				—				—				—		—					—						—			—				—

Total			$	—			$	65,661				$	170			$	—			$	—			$	0	$	65,831				$	0					$	—		$	—			$	—


OTHER DISBURSEMENTS:
Bank Fees			$	—			$	253.67				$	—			$	—			$	263			$	—	$	517				$	—					$	—		$	—			$	—
Coffee for Break Room				13				—					—				—				—				—		13					—						—			—				—
Postage				3				—					—				—				—				—		3					—						—			—				—
ADP Fees				—				5,871					—				—				—				—		5,871					—						—			—				—
Solidworks License Renewal				—				40,495					—				—				—				—		40,495

Total			$	15			$	46,620				$	—			$	—			$	263			$	—	$	46,898				$	—					$	—		$	—			$	—


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

BANK RECONCILIATIONS

Continuation Sheet for MOR-1

A bank reconciliation must be included for each bank account. The debtor’s bank reconciliation may be substituted for this page.


	UC					UC				UC				UC			UC				UCF				UCF
	Operating					Operating				Operating				Total Operating			Other - AMEX CD				Operating				Restricted Escrow
		#		2022	#			6509	#			1693	#						1859-4	#			1933			#		0060
BALANCE PER BOOKS			$	76,880			$	40,954			$	242			118,076			$	136,162			$	(0	)			$	1,829,734

BANK BALANCE				79,697				40,954				242			120,893				136,162				(0	)				1,829,734
(+) DEPOSITS IN TRANSIT (ATTACH LIST)				—				—				—			—				—				—					—
(-) OUTSTANDING CHECKS (ATTACH LIST)				(2,817	)			—				—			(2,817	)			—				—					—
OTHER (ATTACH EXPLANATION)				—				—				—			—				—				—					—
ADJUSTED BANK BALANCE *			$	76,880			$	40,954			$	242		$	118,076			$	136,162			$	(0	)			$	1,829,734
* Adjusted bank balance must equal
balance per books

DEPOSITS IN TRANSIT	Date		Amount			Date	Amount			Date	Amount						Date	Amount			Date	Amount			Date		Amount








CHECKS OUTSTANDING	Ck. #		Amount			Ch.#	Amount			Ck. #	Amount						Ck. #	Amount			Ck. #	Amount			Ck. #		Amount
		2484		2817.39






OTHER
OTHER RECEIPTS
Interest			$	—			$	—			$	0		$	0			$	—			$	—				$	248
Refund of Bank Fees				—				—				—			—				—				215					—
Refund from ADP				—				—				—			—				—				—					—

Total			$	—			$	—			$	0		$	0			$	—			$	215				$	248


OTHER DISBURSEMENTS
Bank Fees			$	195			$	—			$	—		$	195			$	—			$	32				$	—
Share Registry Services				6,461				—				—			6,461				—				—					—
Postage				—				—				—			—				—				—					—
ADP Fees				—				—				—			—				—				—					—
Patent Filing Fees				27,037				—				—			27,037				—				—					—

Total			$	33,693			$	—			$	—		$	33,693			$	—			$	32				$	—


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

This schedule is to include all retained professional payments from case inception to current month

Check

Amount Paid

Year-To-Date

Payee

Period Covered

Payor

Number

Date

Fees & Expenses

Professional Fee Escrow Account [1]

05/01/17 - 05/31/17

Unilife Corporation

WIRE

06/14/17

478,333

891,666

SSG Capital Advisors

05/01/17 - 05/31/18

Unilife Corporation

WIRE

06/14/17

30,000

60,000

Total

508,333

951,666

[a]	Funds wired to a professional fee escrow account maintained by Cozen O’Connor.


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

CASH DISBURSEMENTS JOURNAL


Date	Description	Amount		Check #	Payee
I. Case No. 17-10805 - Unilife Corporation, et al.
06/01/17	Corporate services	$	299.00	2483	CT Corporation
06/08/17	Patent filing fees		3,239.19	Wire	CPA Global
06/13/17	Share Registry Services		6,461.29	Wire	Computershare Austral
06/14/17	May escrow payment		478,333.00	Wire	Cozen O’Connor
06/14/17	May escrow payment		30,000.00	Wire	SSG
06/28/17	Patent filing fees		11,373.70	Wire	Fisher Adams Kelly
06/28/17	Patent filing fees		2,817.39	2484	Fisher Adams Kelly
06/29/17	Patent filing fees		9,606.65	Wire	CPA Global
06/30/17	Bank fees		195.07	Bank	FNB

		542,325.29
PLUS: Estate Disbursements made by Outside Sources (i.e. from escrow accounts)
None.		—

Total - Case No. 17-10805 - Unilife Corporation, et al.		$	542,325.29

II. Case No. 17-10806 - Unilife Medical Solutions, Inc.
06/01/17	KOP Rent and CAM charges for June	$	107,747.33	ACH	KOP Warner
06/01/17	Credit Card Payment		44,679.07	Wire	American Express
06/01/17	Electrical service for York		15,764.45	34218	MET ED
06/01/17	Internet service monthly fee		12,774.54	34215	Level 3
06/01/17	SAP hosting monhtly fee		8,318.00	34214	Freudenburg IT
06/01/17	HRA funding for week ended 6/2		6,250.00	ACH	Highmark
06/01/17	Natural gas for York facility		4,360.87	34213	Direct Energy
06/01/17	Monthly mobile phone bill		3,673.13	34212	AT&T Mobility
06/01/17	Credit Card Payment		2,827.80	Wire	American Express
06/01/17	Monthly processing fee		1,215.40	ACH	Concur
06/01/17	Travel		1,025.50	34211	American Express
06/01/17	Elevator service for York		235.70	34221	ThyssenKrupp


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

CASH DISBURSEMENTS JOURNAL (CONTINUED)


Date	Description	Amount		Check #	Payee
06/01/17	Document destruction service		175.36	34220	Shred-It
06/01/17	Postage meter service		163.61	34222	Francotyp-Postalia
06/01/17	Compressed air		151.05	34210	Airgas East, Inc.
06/01/17	Document destruction service		135.00	34219	Shred-It
06/01/17	Electrical service for York		5.01	34217	MET ED
06/01/17	Electrical service for York		4.65	34216	MET ED
06/02/17	Employee 401K contributions from 5/26 payroll		25,049.42	ACH	Fidelity
06/05/17	Postage		50.00	ACH	Postalia
06/07/17	Payroll funding for 6/9		211,979.02	Wire	ADP
06/08/17	Payroll Taxes withheld		116,525.28	ACH	ADP
06/08/17	HRA funding for week ended 6/9		6,302.13	ACH	Highmark
06/08/17	Product design program for customer device development work		5,550.00	ACH	Altium
06/14/17	Monthly benefits - medical		120,743.74	ACH	Highmark
06/14/17	Monthly benefits - dental		8,086.26	ACH	Delta Dental
06/14/17	Credit Card Payment		7,019.56	Wire	American Express
06/14/17	Monthly benefits - life		1,896.29	ACH	Unum
06/14/17	Credit Card Payment		1,020.44	Wire	American Express
06/15/17	HRA funding for week ended 6/16		4,716.71	ACH	Highmark
06/15/17	Sewer		2,280.00	34224	Conewago Twp
06/15/17	Data room service		1,334.70	34227	Merrill Communications
06/15/17	Telephone and conferencing services		452.63	34229	Premiere Global Service
06/15/17	Cell phone service		320.66	34231	Verizon Wireless
06/15/17	Shipping		313.64	34225	FED EX
06/15/17	Shipping		171.82	34230	UPS
06/15/17	Cell phone service		146.77	34232	Verizon Wireless
06/15/17	Credit Card Payment		64.00	34223	American Express
06/15/17	Electrical service for York		23.78	34228	MET ED
06/15/17	Electrical service for York		23.29	34226	MET ED
06/16/17	Employee 401K contributions from 6/9 payroll		24,015.99	ACH	Fidelity
06/20/17	Mowing for York		700.00	Cash	Cole
06/21/17	Payroll funding for 6/23		215,504.13	Wire	ADP
06/22/17	Payroll Taxes withheld		112,950.60	ACH	ADP


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

CASH DISBURSEMENTS JOURNAL (CONTINUED)


Date	Description	Amount		Check #	Payee
06/22/17	HR consulting fee		5,000.00	ACH	Cynthia Lighty
06/22/17	HRA funding for week ended 6/23		3,042.57	ACH	Highmark
06/26/17	Solidworks license renewal		40,495.45	ACH	DesignPoint Solutions
06/26/17	Materials for customer programs		22,607.23	Wire	Bi-Link
06/26/17	Monthly insurance funding due 7/1		17,753.01	34233	Chubb
06/29/17	Telephone service		7,697.75	34234	8x8 Inx.
06/29/17	Monthly mobile phone bill		4,224.07	34235	AT&T Mobility
06/29/17	HRA funding for week ended 6/30		3,682.79	ACH	Highmark
06/29/17	Data room service		2,786.86	34238	Merrill Communications
06/29/17	Natural gas for York facility		2,123.27	34237	Direct Energy
06/29/17	Natural gas service for York		1,857.83	34236	Columbia Gas of PA
06/29/17	Document destruction service		263.04	34241	Shred-It
06/29/17	Water service		251.64	34242	York Water
06/29/17	Waste removal		166.79	34240	Republic
06/29/17	Water service		162.47	34243	York Water
06/29/17	Electrical service for York		24.34	34239	MET ED
06/30/17	Employee 401K contributions from 6/23 payroll		22,451.54	ACH	Fidelity
06/30/17	Monthly processing fee		5,870.94	ACH	ADP
06/30/17	KOP internet service		587.13	34246	Verizon
06/30/17	Materials for customer programs		315.00	34245	Uson
06/30/17	Bank fees		263.00	Bank	HSBC
06/30/17	Bank fees		253.67	Bank	FNB
06/30/17	Materials for customer programs		106.00	34244	M & Z Anodizing
06/30/17	Postage		2.67	Cash	USPS
06/30/17	Break Room		12.50	Cash	Coffee Vendor

			1,218,748.89
PLUS: Estate Disbursements made by Outside Sources (i.e. from escrow accounts)
None.			—

Total - Case No. 17-10806 - Unilife Medical Solutions, Inc.		$	1,218,748.89


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

CASH DISBURSEMENTS JOURNAL (CONTINUED)


III. Case No. 17-10807 - Unilife Cross Farm LLC
06/05/17	Bank Fees	$	32.00

		32.00
PLUS: Estate Disbursements made by Outside Sources (i.e. from escrow accounts)
06/20/17	250 Cross Farm Lane Mortgage Payment		93,608.23

Total - Case No. 17-10807 - Unilife Cross Farm LLC			93,640.23

IV. Total Disbursements		$	1,854,714.41


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

BALANCE SHEET (MOR-3)


*$ in 000s*
ASSETS	UC						UMS						UCF						Eliminations						Consolidated
CURRENT ASSETS	Period			Petition			Period			Petition			Period			Petition			Period			Petition			Period			Petition
Unrestricted Cash and Equivalents	$	254		$	140		$	1,982		$	1,778		$	—		$	0		$	—		$	—		$	2,236		$	1,918
Restricted Cash and Cash Equivalents (see continuation sheet)		—			—			300			300			1,830			2,120			—			—			2,130			2,420
Accounts Receivable (Net)		—			—			55			1,109			—			—			—			—			55			1,109
Notes Receivable		—			—			—			—			—			—			—			—			—			—
Inventories		—			—			95			95			—			—			—			—			95			95
Prepaid Expenses		272			396			310			825			35			78			—			—			616			1,299
Professional Retainers		398			398			—			—			—			—			—			—			398			398
Other Current Assets (attach schedule)		—			—			251			251			—						—			—			251			251

TOTAL CURRENT ASSETS		924			934			2,992			4,358			1,865			2,198			—			—			5,780			7,489

PROPERTY AND EQUIPMENT
Real Property and Improvements		—			—			—			—			47,614			47,614			—			—			47,614			47,614
Machinery and Equipment		—			—			58,843			58,843			—			—			—			—			58,843			58,843
Furniture, Fixtures and Office Equipment		—			—			1,347			1,347			39			39			—			—			1,386			1,386
Leasehold Improvements		—			—			437			437			—			—			—			—			437			437
Vehicles		—			—			32			32			—			—			—			—			32			32
Less Accumulated Depreciation & Impairment		—			—			(51,978	)		(50,781	)		(5,286.46	)		(5,037	)		—			—			(57,264	)		(55,818	)

TOTAL PROPERTY & EQUIPMENT		—			—			8,682			9,879			42,366			42,615			—			—			51,048			52,494

OTHER ASSETS
Loans to Insiders*		—			—			—			—			—			—			—			—			—			—
Other Assets (attach schedule)		—			—			—			—			—			—			—			—			—			—

TOTAL OTHER ASSETS		—			—			—			—			—			—			—			—			—			—

TOTAL ASSETS		924			934			11,674			14,237			44,231			44,813			—			—			56,828			59,984


LIABILITIES AND OWNER EQUITY	UC						UMS						UCF						Eliminations						Consolidated
LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition)	Period			Petition			Period			Petition			Period			Petition			Period			Petition			Period			Petition
Accounts Payable		17			—			228			—			—			—			—			—			245			—
Taxes Payable (refer to FORM MOR-4)		—			—			107			—			—			—			—			—			107			—
Wages Payable		—			—			117			—			—			—			—			—			117			—
Notes Payable (Intercompany) [1]		(1,270	)		—			1,270			—			—			—			—			—			—			—
Rent / Leases - Building/Equipment		—			—			—			—			—			—			—			—			—			—
Secured Debt / Adequate Protection Payments		3,500			—			—			—			—			—			—			—			3,500			—
Professional Fees		—			—			—			—			—			—			—			—			—			—
Amounts Due to Insiders*		—			—			—			—			—			—			—			—			—			—
Other Postpetition Liabilities (attach schedule)		—			—			—			—			—			—			—			—			—			—

TOTAL POSTPETITION LIABILITIES		2,247			—			1,722			—			—			—			—			—			3,969			—

*LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition)*
Secured Debt [1]		129,679			130,804			132,429			133,554			100,436			100,623			(215,056	)		(217,492	)		147,489			147,489
Priority Debt [2]		—			—			306			385			16			16			—			—			321			401
Unsecured Debt [3], [4]		5,032			5,032			262,437			262,437			43,326			43,326			—			—			310,795			310,795

TOTAL PRE-PETITION LIABILITIES		134,711			135,836			395,172			396,376			143,778			143,965			(215,056	)		(217,492	)		458,606			458,685

TOTAL LIABILITIES		136,958			135,836			396,894			396,376			143,778			143,965			(215,056	)		(217,492	)		462,575			458,685

*OWNER EQUITY*
Common Stock		(1,264	)		(1,264	)		(11	)		(11	)		—			—			—			—			(1,275	)		(1,275	)
Treasury Stock		—			—			(819	)		(819	)		—			—			—			—			(819	)		(819	)
Additional Paid-In Capital		278,277			278,277			(29,607	)		(29,607	)		(86,772	)		(86,772	)		—			—			161,898			161,898
Accumulated Other Comprehensive Income - Pre-petition		—			—			(128	)		(128	)		—			—			—			—			(128	)		(128	)
Retained Earnings - Pre-Petition		(411,915	)		(411,915	)		(351,574	)		(351,574	)		(12,380	)		(12,380	)		215,056			217,492			(560,814	)		(558,377	)
Retained Earnings - Postpetition		(1,132	)		—			(3,081	)		(0	)		(396	)		—			—			—			(4,609	)		(0	)
Adjustments to Owner Equity (attach schedule)		—			—			—			—			—			—			—			—			—			—
Postpetition Contributions (Distributions) (Draws) (attach schedule)		—			—			—			—			—			—			—			—			—			—
NET OWNER EQUITY		(136,035	)		(134,902	)		(385,220	)		(382,139	)		(99,548	)		(99,152	)		215,056			217,492			(405,747	)		(398,701	)

TOTAL LIABILITIES AND OWNERS’ EQUITY	$	924		$	934		$	11,674		$	14,237		$	44,231		$	44,813		$	—		$	—		$	56,828		$	59,984

*	“Insider” is defined in 11 U.S.C. Section 101(31).

[1]

During the period, UMS invoiced Amgen, Inc. for $1,125,000 for pre-petition products and services. The full amount of the invoice was offset against Amgen, Inc.‘s Senior Secured Convertible Notes included in both UC and UMS pre-petition secured debt. The offset also decreased the intercompany payable UMS owes UC in same amount.

[2]	Cross Farm LLC paid the monthly mortgage payment on 250 Cross Farm Lane from the escrow account under control of FNB.

[3]	Paid certain priority wage claims per Court Order.

[4]	Consolidated pre-petition unsecured debt includes uneliminated intercompany payable claims. As per bankruptcy schedules, net intercompany receivables booked at $0.

[5]

Added $253,999 in pre-petition invoices to the scheduled amount of UMS pre-petition unsecured debt. Reduced scheduled UMS pre-petition unsecured debt by $17,743.01 for post-petition amounts included in pre-petition balance for Chubb & Son. Further reduced scheduled amount of UMS pre-petition debt for severance overstated by $18,846.


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

BALANCE SHEET (MOR-3) (CONTINUATION SHEET)


ASSETS	BOOK VALUE AT END OF CURRENT REPORTING MONTH		BOOK VALUE ON PETITION DATE
Other Current Assets
Security Deposits		250,511.20		250,511.20






Other Assets






	BOOK VALUE AT END OF		BOOK VALUE ON
LIABILITIES AND OWNER EQUITY	CURRENT REPORTING MONTH		PETITION DATE
Other Postpetition Liabilities







Adjustments to Owner Equity







Postpetition Contributions (Distributions) (Draws)

Restricted Cash is cash that is restricted for a specific use and not available to fund operations. Typically, restricted cash is segregated into a separate account, such as an escrow account.


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

STATUS OF POSTPETITION TAXES (MOR-4)

The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero.

Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes.

Attach photocopies of any tax returns filed during the reporting period.


	Beginning Tax Liability		Amount Withheld or Accrued		Amount Paid		Date Paid		Check No. or EFT		Ending Tax Liability
Federal
Withholding	$	46,429	$	120,853	$	114,481		6/9/17; 6/23/17		WIRE	$	52,801
FICA-Employee		17,681		45,993		43,278		6/9/17; 6/23/17		WIRE		20,396
FICA-Employer		17,639		45,676		43,072		6/9/17; 6/23/17		WIRE		20,243
Unemployment		5		1		7		6/9/17; 6/23/17		WIRE		—
Income		—		—		—						—
Other:		—		—		—						—

Total Federal Taxes		81,754		212,524		200,838						93,440

State and Local
Withholding		11,051		29,561		27,556		6/9/17; 6/23/17		WIRE		13,056
Sales		—		—		—						—
Excise		—		—		—						—
Unemployment		189		501		470		6/9/17; 6/23/17		WIRE		220
Real Property		—		—		—						—
Personal Property		—		—		—						—
Other: State Disability Insurance		226		391		612		6/9/17; 6/23/17		WIRE		5
Total State and Local		11,466		30,453		28,638						13,281

Total Taxes	$	93,220	$	242,977	$	229,476					$	106,721

SUMMARY OF UNPAID POSTPETITION DEBTS (MOR-4)

Attach aged listing of accounts payable.

Unilife Corporation:


					Number of Days Past Due
	Current		0-30		31-60		61-90		Over 90		Total
Accounts Payable		—		2,431		6,022		8,473		—		16,926
Wages Payable		—		—		—		—		—		—
Taxes Payable		—		—		—		—		—		—
Rent/Leases-Building		—		—		—		—		—		—
Rent/Leases-Equipment		—		—		—		—		—		—
Secured Debt/Adequate Protection Payments		—		—		—		—		—		—
Professional Fees		—		—		—		—		—		—
Amounts Due to Insiders*		—		—		—		—		—		—
Other:		—		—		—		—		—		—
Other:		—		—		—		—		—		—

Total Postpetition Debts		—		2,431		6,022		8,473		—		16,926

Unilife Medical Solutions, Inc.:


					Number of Days Past Due
	Current		0-30		31-60		61-90		Over 90		Total
Accounts Payable		6,419		145,402		42,234		30,364		3,710		228,130
Wages Payable		117,359		—		—		—		—		117,359
Taxes Payable		106,721		—		—		—		—		106,721
Rent/Leases-Building		—		—		—		—		—		—
Rent/Leases-Equipment		—		—		—		—		—		—
Secured Debt/Adequate Protection Payments		—		—		—		—		—		—
Professional Fees		—		—		—		—		—		—
Amounts Due to Insiders*		—		—		—		—		—		—
Other:		—		—		—		—		—		—
Other:		—		—		—		—		—		—

Total Postpetition Debts		230,500		145,402		42,234		30,364		3,710		452,210

*	“Insider” is defined in 11 U.S.C. Section 101(31).


In re Unilife Corporation, et al. [1]		Case No. 17-10805
		Reporting Period: June 1 to June 30, 2017

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING (MOR-5)


Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	749,699
+ Amounts billed during the period		(353,793	)[1]
- Amounts collected during the period		(35,067	)

Total Accounts Receivable at the end of the reporting period		360,839


Accounts Receivable Aging	Amount
0 - 30 days old		309,905
31 - 60 days old		20,000
61 - 90 days old		—
91+ days old		30,934

Total Accounts Receivable		360,839
Amount considered uncollectible (Bad Debt)		(305,751	)

Accounts Receivable (Net)	$	55,088

DEBTOR QUESTIONNAIRE


Must be completed each month		Yes	No
1.	Have any assets been sold or transferred outside the normal course of business this reporting period? If yes, provide an explanation below.		X
2.	Have any funds been disbursed from any account other than a debtor in possession account this reporting period? If yes, provide an explanation below.		X
3.	Have all postpetition tax returns been timely filed? If no, provide an explanation below.	X
4.	Are workers compensation, general liability and other necessary insurance coverages in effect? If no, provide an explanation below.	X
5.	Has any bank account been opened during the reporting period? If yes, provide documentation identifying the opened account(s). If an investment account has been opened provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X

[1]	Through negotiation with Amgen, Inc., the Debtors reduced accounts receivable owed by Amgen by approximately $424,000. UMS also accrued approximately $70,000 in accounts receivable relating to other customers.

Unilife Corp 8-K