Condensed Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Revenues:
License revenue		$ 17,101		$ 17,101
Research and development revenue	$ 358	98	$ 641	1,194
Total revenues	358	17,199	641	18,295
Operating expenses:
Cost of research and development revenue	728	1,771	1,346	2,865
Research and development	3,444	1,642	9,508	3,288
General and administrative	2,358	1,970	4,846	4,650
Total operating expenses	6,530	5,383	15,700	10,803
(Loss) income from operations	(6,172)	11,816	(15,059)	7,492
Other income (expense):
Interest and dividend income	93	69	193	124
Income tax expense			(1)	(1)
Net (loss) income	$ (6,079)	$ 11,885	$ (14,867)	$ 7,615
Net (loss) income per share, basic	$ (0.16)	$ 0.32	$ (0.40)	$ 0.21
Net (loss) income per share, diluted	$ (0.16)	$ 0.32	$ (0.40)	$ 0.21
Shares used in computing net (loss) income per share:
Basic	37,414	37,172	37,390	36,460
Diluted	37,414	37,217	37,390	36,501