Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.21.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Research and development:        
Compensation and benefits, net of related party reimbursements $ 1,529 $ 1,399 $ 4,865 $ 4,567
Clinical trial costs 1,495 622 3,276 3,535
Licensing costs 0 0 1,000 0
Material manufacturing costs 253 284 561 725
Consultants and outside services 206 1,278 480 2,736
Facilities and other 275 150 416 442
Total research and development 3,758 3,733 10,598 12,005
General and administrative:        
Compensation and benefits 850 762 3,498 3,079
Professional fees 655 319 1,506 952
Facilities and other 220 256 656 933
Total general and administrative 1,725 1,337 5,660 4,964
Total operating expenses 5,483 5,070 16,258 16,969
Operating loss (5,483) (5,070) (16,258) (16,969)
Non-operating income (expense):        
Gain on change in fair value of derivative liability 1,784   1,784  
Interest and other 4 30 62 183
Net loss $ (3,695) $ (5,040) $ (14,412) $ (16,786)
Net loss per common share - basic and diluted (in dollars per share) $ (0.44) $ (0.86) $ (1.94) $ (2.93)
Weighted average number of common shares outstanding - basic and diluted (in shares) 8,352 5,866 7,445 5,719