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Consolidated Statements of Operations (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Consolidated Statements of Operations (unaudited)        
Product revenue, net $ 0 $ 2,034,113 $ 0 $ 4,140,090
OPERATING EXPENSES        
Cost of products sold 0 97,637 0 97,637
Research and development 3,429,479 5,554,200 9,173,233 10,568,830
Selling, general and administrative 1,681,844 3,032,613 3,702,775 6,232,857
Gain on sale of Vyleesi 2,500,000 7,823,482 2,500,000 7,823,482
Total operating expenses 2,611,323 860,968 10,376,008 9,075,842
(Loss) Income from operations (2,611,323) 1,173,145 (10,376,008) (4,935,752)
OTHER (EXPENSE) INCOME        
Investment income 29,044 62,026 107,620 133,656
Foreign currency transaction (loss) gain 143,600 (306,697) 12,000 (146,947)
Interest expense (3,803) (1,605) (9,743) (12,487)
Offering expenses 0 (696,912) 0 (696,912)
Change in fair value of warrant liabilities 0 (8,073,991) 0 (7,391,591)
Total other income (expense), net 168,841 (9,017,179) 109,877 (8,114,281)
NET LOSS $ (2,442,482) $ (7,844,034) $ (10,266,131) $ (13,050,033)
Basic and diluted net loss per common share $ (0.12) $ (0.56) $ (0.51) $ (0.99)
Weighted average number of common shares outstanding used in computing basic and diluted net loss per common share 20,634,887 14,097,757 20,239,997 13,134,228