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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Dec. 31, 2022
Jun. 30, 2022
Current assets:    
Cash and cash equivalents $ 23,816 $ 41,333
Accounts receivable 820 901
Prepaid expenses and other current assets 1,868 2,445
Note receivable from Kantaro 75 75
Receivable from affiliates 22 0
Total current assets 26,601 44,754
Property and equipment, net 2,295 2,558
Right of use asset 213 0
Investment in VericiDx 1,487 2,744
Investment in Kantaro 0 9
Other Assets 64 0
Total assets 30,660 50,065
Current liabilities:    
Accounts payable 2,208 1,376
Accounts payable-related party 1,940 1,083
Accrued expenses and other current liabilities 4,489 3,060
Accrued expenses—related party 931 1,496
Deferred revenue 0 46
Current lease liability 129 0
Convertible notes-current 4,590 4,660
Payable to affiliate—current 0 55
Total current liabilities 14,287 11,776
Convertible notes-noncurrent 7,388 7,682
Noncurrent lease liability 100 0
Total liabilities 21,775 19,458
Commitments and contingencies (Note 10)
Shareholders' equity:    
Ordinary shares, 0.0025 par value per share: 79,869,543 shares authorized; 79,869,543 and 74,760,432 shares issued and outstanding at December 31, 2022 and June 30, 2022, respectively 229 228
Additional paid-in capital 165,708 164,012
Accumulated other comprehensive loss (1,937) (915)
Accumulated deficit (155,115) (132,718)
Total shareholders' equity 8,885 30,607
Total liabilities and shareholders' equity $ 30,660 $ 50,065