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Employee Benefit Plan
12 Months Ended
Jun. 30, 2022
Retirement Benefits [Abstract]  
Employee Benefit Plan

18. Employee Benefit Plan

Subsequent to the merger with Neos, Aytu has two 401(k) plans the (“Neos Plan”) and the (“Aytu Plan’) both plans allow participants to contribute a portion of their salary, subject to eligibility requirements and annual IRS limits. The Neos Plan matches 100% of the first 3% contributed by employees and matches 50% on the next 4% and 5% contributed by the employees. The Company’s match for the Neos Plan was approximately $0.4 million and $0.1 million for the years ended June 30, 2022 and 2021, respectively. The Aytu Plan matches 50% of the first 6% contributed to the plan by employees. The Company’s match for the Aytu Plan was approximately $0.2 million and $0.2 million during the years ended June 30, 2022 and 2021, respectively.