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Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities:    
Net loss $ (45,892) $ (2,006)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 2,998 4,029
Depreciation and amortization 1,335 1,273
Recovery of bad debts   (358)
Investment discount accretion, net (299) (790)
Reduction in the carrying amount of operating lease right-of-use assets 303  
Collaboration revenue from Bionic Sight, LLC (2,197)  
Equity in net losses of an affiliate 47 35
Changes in operating assets and liabilities:    
Grants receivable 13 186
Prepaid and other assets (28) 1,635
Deferred revenue 149 (28,392)
Accounts payable 83 327
Operating lease liabilities (714)  
Accrued and other liabilities 2,582 604
Cash used in operating activities (41,620) (23,457)
Investing activities:    
Purchases of property and equipment (943) (163)
Purchases of and capitalized costs related to intangible assets (254) (148)
Investment in Bionic Sight, LLC (4,000)  
Maturities of investments 72,500 94,119
Purchases of investments (58,904) (74,781)
Cash provided by investing activities 8,399 19,027
Financing activities:    
Proceeds from the issuance of common stock, net of issuance costs 34,811  
Proceeds from exercises of common stock options 393 156
Proceeds from long-term debt borrowing, net of debt discounts 9,855  
Payments for deferred financing fees (30)  
Taxes paid related to equity awards (3) (36)
Principal payments on finance/capital lease (45) (52)
Cash provided by financing activities 44,981 68
Net increase (decrease) in cash and cash equivalents 11,760 (4,362)
Cash and cash equivalents, beginning of the year 26,703 31,065
Cash and cash equivalents, end of the year 38,463 26,703
Supplemental information:    
Cash paid (refunds received) during the year for income taxes, net (396)  
Deferred financing fees included in accrued and other liabilities 149  
Costs for purchases of property and equipment included in accrued and other liabilities 326 124
Costs for intangible assets included in accounts payable/accrued and other liabilities $ 60 $ 59