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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
2024 Underwritten Public Offering
Common Stock
2025 Underwritten Public Offering
Common Stock
Private Placement 2024
Common Stock
Private Placement 2025
Common Stock
Additional Paid-in Capital
2024 Underwritten Public Offering
Pre-funded warrants
Additional Paid-in Capital
2024 Underwritten Public Offering
Additional Paid-in Capital
2025 Underwritten Public Offering
Pre-funded warrants
Additional Paid-in Capital
2025 Underwritten Public Offering
Additional Paid-in Capital
Private Placement 2024
Additional Paid-in Capital
Private Placement 2025
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Deficit
2024 Underwritten Public Offering
Pre-funded warrants
2024 Underwritten Public Offering
2025 Underwritten Public Offering
Pre-funded warrants
2025 Underwritten Public Offering
Private Placement
Private Placement 2024
Private Placement 2025
Pre-funded warrants
Total
Balance beginning at Jun. 30, 2023         $ 37             $ 377,471 $ (351) $ (260,985)                 $ 116,172
Balance beginning (in shares) at Jun. 30, 2023         36,827,567                                    
Proceeds from issuance of equity securities $ 13         $ 14,096 $ 49,004               $ 14,096 $ 49,017              
Proceeds from issuance of common stock for cash (in shares) 13,036,589                                   1,500,000        
Commissions and other offering costs                       (548)                     (548)
Issuance of common stock upon exercise of stock options                       246                     $ 246
Issuance of common stock upon exercise of stock options (in shares)         81,588                                   81,588
Share-based compensation                       7,360                     $ 7,360
Cashless exercise of pre-funded warrants         $ 6             (6)                      
Cashless exercise of pre-funded warrants (in shares)         6,300,080                                 6,300,080  
Acquisition and retirement of treasury shares pursuant to Exchange Agreement         $ (3)             (5,697)                     (5,700)
Acquisition and retirement of treasury shares pursuant to Exchange Agreement (in shares)         (3,000,000)                                    
Reclassification of warrant derivative liability to equity                       8,547                     8,547
Net change in accumulated other comprehensive income (loss)                         272                   272
Net loss                           (68,459)                 (68,459)
Balance ending at Jun. 30, 2024         $ 53             450,473 (79) (329,444)                 $ 121,003
Balance ending (in shares) at Jun. 30, 2024         53,245,824                                   53,245,824
Proceeds from issuance of equity securities   $ 25 $ 1 $ 1       $ 21,089 $ 76,169 $ 5,999 $ 4,209           $ 21,089 $ 76,194   $ 6,000 $ 4,210    
Proceeds from issuance of common stock for cash (in shares)   24,940,769 1,500,000 1,295,383                             1,300,000        
Commissions and other offering costs                       (546)                     $ (546)
Issuance of common stock upon exercise of stock options         $ 1             1,395                     $ 1,396
Issuance of common stock upon exercise of stock options (in shares)         488,742                                   488,742
Share-based compensation                       7,121                     $ 7,121
Cashless exercise of pre-funded warrants         $ 6             (6)                      
Cashless exercise of pre-funded warrants (in shares)         5,525,267                                 5,525,267  
Net change in accumulated other comprehensive income (loss)                         72                   72
Net loss                           (74,412)                 (74,412)
Balance ending at Jun. 30, 2025         $ 87             $ 565,903 $ (7) $ (403,856)                 $ 162,127
Balance ending (in shares) at Jun. 30, 2025         86,995,985                                   86,995,985