LEASES (Tables)

12 Months Ended

Jun. 30, 2021

LEASES

Schedule of carrying value of ROU assets and operating lease liabilities

As of June 30, 2021 and 2020, the carrying value of all ROU assets and operating lease liabilities was as follows (in thousands):

	2021		2020
Right-of-Use Assets, net	$	396	$	383
Operating Lease Liabilities:
Current	$	265	$	245
Long-term		187		165
Total	$	452	$	410

Schedule of operating lease expense

For the fiscal years ended June 30, 2021 and 2020, operating lease expense was as follows (in thousands):

	2021		2020
Research and development	$	268	$	188
General and administrative		111		82
Total	$	379	$	270

Schedule of Lessee operating lease liability maturity

Future payments under operating lease agreements as of June 30, 2021 are as follows (in thousands):

Fiscal year ending June 30,
2022	$	283
2023		117
2024		80
Total lease payments		480
Less imputed interest		(28)
Present value of operating lease liabilities	$	452