CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2025	Jun. 30, 2024
Current assets:
Cash and cash equivalents	$ 20,472	$ 3,705
Short-term investments	0	34,640
Prepaid expenses and other current assets	307	2,424
Total current assets	20,779	40,769
Operating lease right-of-use asset	0	214
Property and equipment, net	0	392
Total assets	20,779	41,375
Current liabilities:
Accounts payable	177	3,168
Accrued liabilities	1,061	5,187
Total current liabilities	1,238	8,355
Total liabilities	1,238	8,355
Commitments and contingencies (Note 6)
Stockholders' equity:
Preferred stock, $0.01 par value; 100 shares authorized; none outstanding	0	0
Common stock, $0.00000002 par value; 226,000 shares authorized; 6,663 shares issued and outstanding at March 31, 2025 and June 30, 2024.	0	0
Additional paid-in capital	421,017	421,239
Accumulated deficit	(401,476)	(388,219)
Total stockholders' equity	19,541	33,020
Total liabilities and stockholders' equity	$ 20,779	$ 41,375

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).