XML 18 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
Current assets    
Cash and cash equivalents $ 14,208 $ 26,453
Short-term investments 27,919 26,173
Accounts receivable 225 56
Contract asset 0 2
Inventory, net:    
Raw materials 1,379 864
Work-in-process 243 136
Finished goods 373 518
Income tax receivable 1 0
Prepaid expenses and other current assets 365 748
Total current assets 44,713 54,950
Property and equipment, net 2,670 1,098
Operating lease assets 262 162
Other assets, net 30 11
Total assets 47,675 56,221
Current liabilities    
Accounts payable 546 169
Payroll related accruals 633 816
Accrued expenses and other liabilities 1,170 961
Income tax payable 0 2
Lease liabilities, current 316 234
Total current liabilities 2,665 2,682
Lease liabilities, net of current portion 291 303
Total liabilities 2,956 2,985
Commitments and contingencies (Note 14)
Stockholders’ equity    
Convertible preferred stock, $0.001 par value, 2,500,000 shares authorized; 280,898 shares of Series D issued and outstanding at June 30, 2023 and 2022, respectively 0 0
Common stock, $0.001 par value, 250,000,000 shares authorized at June 30, 2023 and 2022 respectively; 1,692,045 and 1,685,595 shares issued at June 30, 2023 and 2022 respectively; 1,681,729 and 1,685,595 outstanding at June 30, 2023 and 2022, respectively 190,643 190,642
Treasury shares, 10,316 shares and no shares at June 30, 2023 and 2022, respectively (119) 0
Additional paid-in capital 81,002 79,505
Accumulated deficit (225,354) (215,712)
Accumulated other comprehensive loss (1,453) (1,199)
Total stockholders’ equity 44,719 53,236
Total liabilities and stockholders’ equity 47,675 56,221
Related Party [Member]    
Current liabilities    
Term note payable - related party $ 0 $ 500