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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Expenses    
Research and development $ 15,173 $ 11,815
General and administrative 7,509 9,757
Merger costs   500
In-process research and development   16,094
Operating expenses (22,682) (38,166)
Other income (loss)    
Foreign exchange 7 (12)
Amortization of deferred loan costs   (94)
Interest - net 14 (26)
Other loss (income) 21 (132)
Net loss for the year (22,661) (38,298)
Computation of basic loss per share    
Net loss for the year (22,661) (38,298)
Deemed dividend recognized on beneficial conversion features of Series C Preferred stock issuance   (3,181)
Series A Preferred cash dividend (8) (8)
Net loss for the year attributable to common stockholders $ (25,131) $ (41,504)
Basic and fully diluted loss per share $ (0.52) $ (1.60)
Basic and fully diluted weighted average number of shares 48,702,000 25,886,000
Preferred Stock Series B    
Computation of basic loss per share    
Preferred stock dividend   $ (17)
Preferred Stock Series C    
Computation of basic loss per share    
Deemed dividend recognized on beneficial conversion features of Series C Preferred stock issuance   $ (3,181)
Preferred stock dividend $ (2,462)