Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,620) $ (5,080)
Stock-based compensation expense 634 1,394
Depreciation and amortization expense 3 5
Non-cash lease expense 59 53
Fair value of warrants issued for services 3 2
Changes in operating assets and liabilities:    
Decrease in prepaid expenses and other assets 72 117
Increase in receivables from related parties 0 (247)
Increase (decrease) in accounts payable (107) 736
Decrease in other accrued liabilities (195) (1,018)
Decrease in license fees payable to Xoma (400) (4,891)
Net Cash Used In Operating Activities (3,551) (8,929)
CASH FLOWS FROM INVESTING ACTIVITIES:    
CASH FLOWS FROM INVESTING ACTIVITIES 0 0
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of Common Stock: Related parties 0 20,000
Proceeds from issuance of Common Stock: Others 0 4,050
Payment of commissions and other deferred offering costs 0 (1,479)
Net Cash Provided by Financing Activities 0 22,571
Net increase (decrease) in cash, cash equivalents and restricted cash (3,551) 13,642
Cash, cash equivalents and restricted cash at beginning of period 9,955 11,573
Cash, cash equivalents and restricted cash at end of period 6,404 25,215
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:    
Cash and cash equivalents, end of period 6,404 22,104
Restricted cash, end of period 0 3,111
Cash, cash equivalents and restricted cash at end of period 6,404 25,215
SUPPLEMENTARY CASH FLOW INFORMATION:    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Right-of-use assets acquired in exchange for operating lease liabilities upon adoption of new accounting standard effective July 1, 2019 0 605
Payable for deferred offering costs $ 129 $ 21