Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Stockholders' Equity (Deficit)

v3.19.2
Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
shares in Thousands, $ in Thousands
Series AA Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Jun. 30, 2017 $ 0 $ 49 $ 72,801 $ (64,322) $ 8,528
Balance (in shares) at Jun. 30, 2017   49,229      
Stock-based compensation 0 $ 0 5,095 0 5,095
Issued to consultants for services 0 0 550 0 550
Issued for debt discount 0 0 2,718 0 2,718
In private placement, net of costs of $60 0 $ 5 4,435 0 4,440
In private placement, net of costs of $60 (in shares)   4,500      
For license rights to Xoma, Inc. 0 $ 8 4,562 0 4,570
For license rights to Xoma, Inc. (in shares)   8,093      
For commitment fee in private placement 0 $ 0 0 0 0
For commitment fee in private placement (in shares)   344      
Net loss 0 $ 0 0 (29,862) (29,862)
Balance at Jun. 30, 2018 0 $ 62 90,161 (94,184) (3,961)
Balance (in shares) at Jun. 30, 2018   62,166      
Stock-based compensation 0 $ 0 2,636 0 2,636
Issued to consultants for services 0 0 12   12
Modification for debt discount to former member of Board of Directors 0 0 138 0 138
Shareholder surrender of shares for no consideration 0 $ 0 0 0 0
Shareholder surrender of shares for no consideration (in shares)   (300)      
Beneficial conversion feature related to Fiscal 2018 Notes 0 $ 0 2,233 0 2,233
Beneficial conversion feature related to Series AA Preferred Stock 0 0 2,273 (2,273) 0
In private placement, net of costs of $60       0  
For license rights to Xoma, Inc.         0
Cash, including Exclusivity Payment $ 25,000 0 0 0 25,000
Cash, including Exclusivity Payment (in shares) 2,500        
Principal under Fiscal 2018 Notes $ 5,340 0 0 0 5,340
Principal under Fiscal 2018 Notes (in shares) 668        
Accrued interest under Fiscal 2018 Notes $ 800 0 0 0 800
Accrued interest under Fiscal 2018 Notes (in shares) 100        
Conversion of Series AA Preferred Stock to Common Stock $ (31,140) $ 148 30,992 0 0
Conversion of Series AA Preferred Stock to Common Stock (in shares) (3,268) 148,524      
Net loss $ 0 $ 0 0 (30,446) (30,446)
Balance at Jun. 30, 2019 $ 0 $ 210 $ 128,445 $ (126,903) $ 1,752
Balance (in shares) at Jun. 30, 2019   210,390