Balance Sheet Details (Tables)

9 Months Ended

Mar. 31, 2024

Balance Sheet Related Disclosures [Abstract]

Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):

	March 31, 2024			June 30, 2023
Furniture and equipment	$	1,381		$	1,374
Leasehold improvements		969			969
		2,350			2,343
Less: accumulated depreciation		(1,292	)		(1,034	)
Property and equipment, net	$	1,058		$	1,309

Accrued Liabilities

Accrued liabilities consisted of the following (in thousands):

	March 31, 2024		June 30, 2023
Accrued pre-clinical and clinical trial expenses	$	1,118	$	3,663
Accrued compensation and benefits(1)		2,640		7,189
Accrued legal and professional services		644		1,423
Accrued reimbursement to KKC		892		—
Other		94		186
Total accrued liabilities	$	5,388	$	12,461

(1) For the period ended March 31, 2024, one-time employee termination benefits were immaterial. Accrued compensation and benefits as of June 30, 2023 includes $1.0 million of one-time employee termination benefits, as more fully described in Note 5. One-time Employee Termination Benefits.