Quarterly report pursuant to Section 13 or 15(d)

LIQUIDITY (Details)

v3.22.1
LIQUIDITY (Details) - USD ($)
$ in Thousands, shares in Millions
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
May 04, 2022
May 01, 2022
Jan. 31, 2022
Nov. 30, 2021
Oct. 31, 2021
Dec. 31, 2020
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Jun. 30, 2021
Net loss             $ (11,208) $ (3,695) $ (31,637) $ (14,412) $ (20,900)
Net cash used in operating activities                 (27,506) (15,211) (20,400)
Accumulated deficit             (199,775)   (199,775)   (168,138)
Cash and cash equivalents             63,416 $ 31,989 63,416 $ 31,989 41,047
Current liabilities             $ 2,878   2,878   $ 1,968
Net proceeds from the offering       $ 52,300 $ 52,300            
Gross proceeds from sale of equity                 2,700    
Proceeds from warrants issued                 10,800    
Underwriting discounts and other equity offering costs                 4,136    
Subsequent event. | Class B Warrants                      
Proceeds from warrants issued   $ 41,600                  
Subsequent event. | Class C Pre Funded Warrants                      
Proceeds from warrants issued   $ 12,600                  
Underwritten Offering                      
Net proceeds from the offering       47,300 47,300            
Registered Direct Offering                      
Net proceeds from the offering       $ 5,000 $ 5,000            
Registered Direct Offering 2022 | Subsequent event.                      
Gross proceeds from sale of equity $ 117,600                    
Underwriting discounts and other equity offering costs $ 7,100                    
Registered Direct Offering 2022 | Subsequent event. | Class B Warrants                      
Warrants issued 10.9                    
Proceeds from warrants issued $ 41,600                    
Securities Purchase Agreement [Member] | Subsequent event. | Class C Pre Funded Warrants                      
Number of shares of common stock called by warrants issued   3.3                  
Proceeds from warrants issued   $ 11,400                  
Securities Purchase Agreement [Member] | Private Placement | Subsequent event. | Class C Pre Funded Warrants                      
Net proceeds from the offering $ 11,400                    
Warrants issued 3.3                    
XOMA (US) LLC [Member] | Phase 2 Clinical Trial RZ358 | Xoma License Agreement [Member]                      
Milestone closing payment     $ 2,000                
XOMA (US) LLC [Member] | Phase 3 Clinical Trial Rz 358 | Xoma License Agreement [Member] | Scenario, Plan [Member]                      
Milestone closing payment     $ 5,000           5,000    
ActiveSite Pharmaceuticals, Inc | Development And License Agreement [Member]                      
Milestone closing payment           $ 1,000          
ActiveSite Pharmaceuticals, Inc | Phase 2 Clinical Trial RZ402 | Development And License Agreement [Member] | Scenario, Plan [Member]                      
Milestone closing payment                 $ 3,000