Annual report pursuant to Section 13 and 15(d)

FINANCIAL INSTRUMENTS AND SIGNIFICANT CONCENTRATIONS (Tables)

v3.21.2
FINANCIAL INSTRUMENTS AND SIGNIFICANT CONCENTRATIONS (Tables)
12 Months Ended
Jun. 30, 2021
FINANCIAL INSTRUMENTS AND SIGNIFICANT CONCENTRATIONS  
Summary of changes in the fair value of the Company's derivative liabilities, fair value ,Level 3 inputs

The following tables set forth a summary of changes in the fair value of the Company’s derivative liabilities for which fair value was determined by Level 3 inputs (in thousands):

 

 

 

 

 

 

 

 

 

    

 

Authorized

    

Embedded

 

 

Shares

 

Derivatives

Balance, June 30, 2020

 

$

 —

 

$

 —

Fair value of derivative liabilities incurred:

 

 

 

 

 

 

Authorized share deficiency on February 17, 2021

 

 

3,591

 

 

 —

Embedded derivatives on April 14, 2021

 

 

 —

 

 

381

Changes in fair value of authorized share derivative liability

 

 

(1,795)

 

 

 —

Fair value of authorized shares derivative liability reclassified to equity on May 26, 2021

 

 

(1,796)

 

 

 —

Changes in fair value of embedded derivative liability

 

 

 —

 

 

 6

Balance, June 30, 2021

 

$

 —

 

$

387