XML 10 R4.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenues $ 0 $ 0 $ 0 $ 65,297
Operating expenses:        
Research and development 369 5,220 3,840 12,617
General and administrative 2,405 4,609 10,737 19,158
Total operating expenses 2,774 9,829 14,577 31,775
(Loss) income from operations (2,774) (9,829) (14,577) 33,522
Other income (expense):        
Interest and dividend income 202 706 836 2,669
Gain on disposition of a non-financial asset 0 0 500 0
Other expense, net (1) (4) (16) (7)
Total other income, net 201 702 1,320 2,662
Net (loss) income $ (2,573) $ (9,127) $ (13,257) $ 36,184
Net (loss) income per share - basic and diluted:        
Basic $ (0.39) $ (1.37) $ (1.99) $ 5.43
Diluted $ (0.39) $ (1.37) $ (1.99) $ 5.43
Weighted-average shares used in computing net (loss) income per share - basic and diluted:        
Basic 6,663 6,663 6,663 6,663
Diluted 6,663 6,663 6,663 6,663
Revenue from customers        
Revenues $ 0 $ 0 $ 0 $ 752
Revenue from collaboration agreements        
Revenues $ 0 $ 0 $ 0 $ 64,545