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Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Jun. 30, 2019
Current assets:    
Cash and cash equivalents $ 38,463 $ 26,703
Investments 41,995 55,292
Grants receivable   13
Prepaid and other current assets 2,506 2,276
Total current assets 82,964 84,284
Property and equipment, net 4,311 4,430
Intangible assets, net 1,098 1,013
Investment in Bionic Sight, LLC 8,096 1,945
Right-of-use assets - operating leases 3,422  
Right-of-use asset - financing lease 80  
Other assets 348 544
Total assets 100,319 92,216
Current liabilities:    
Accounts payable 1,355 1,331
Accrued and other liabilities 10,502 8,024
Lease liabilities - operating 1,058  
Lease liability - finance 48  
Total current liabilities 12,963 9,355
Lease liabilities - operating, net of current portion 4,070  
Lease liability - finance, net of current portion 38  
Long-term debt, net of debt discounts and deferred financing fees 9,677  
Other liabilities 2,555 4,152
Total liabilities 29,303 13,507
Stockholders' equity:    
Preferred stock, par value $0.001 per share, 5,000 shares authorized; no shares issued and outstanding
Common stock, par value $0.001 per share, 150,000 shares authorized; 25,813 and 18,226 shares issued; 25,793 and 18,207 shares outstanding at June 30, 2020 and 2019, respectively 25 18
Additional paid-in capital 252,519 214,324
Shares held in treasury of 20 and 19 at June 30, 2020 and 2019, respectively (88) (85)
Accumulated deficit (181,440) (135,548)
Total stockholders' equity 71,016 78,709
Total liabilities and stockholders' equity $ 100,319 $ 92,216