Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Shareholders' Equity

v3.22.2.2
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
Registered Direct Offering 2021 [Member]
Common Stock
EDA with Oppco
Common Stock
Lincoln Park Capital Fund, LLC Purchase Agreement [Member]
Common Stock
Registered Direct Offering 2022
Common Stock
2021 Underwritten Public Offering
Common Stock
Additional Paid-in Capital
Registered Direct Offering 2021 [Member]
Additional Paid-in Capital
EDA with Oppco
Additional Paid-in Capital
Lincoln Park Capital Fund, LLC Purchase Agreement [Member]
Additional Paid-in Capital
Registered Direct Offering 2022
Class A pre-funded warrants
Additional Paid-in Capital
Registered Direct Offering 2022
Additional Paid-in Capital
2021 Underwritten Public Offering
Pre-Funded Warrants 2021 [Member]
Additional Paid-in Capital
2021 Underwritten Public Offering
Additional Paid-in Capital
Accumulated Deficit
Registered Direct Offering 2021 [Member]
EDA with Oppco
Lincoln Park Capital Fund, LLC Purchase Agreement [Member]
Registered Direct Offering 2022
Class A pre-funded warrants
Registered Direct Offering 2022
2021 Underwritten Public Offering
Pre-Funded Warrants 2021 [Member]
2021 Underwritten Public Offering
Total
Balance at Jun. 30, 2020           $ 6               $ 154,595 $ (147,236)               $ 7,365
Balance (in shares) at Jun. 30, 2020           5,867,000                                  
Issuance of Units for cash Fiscal 2021 Equity Financing           $ 2               40,998                 41,000
Issuance of Units for cash Fiscal 2021 Equity Financing (in shares)           2,485,000                                  
Advisory fees, Underwriting commissions and other offering costs                           (3,550)                 (3,550)
Share-based compensation                           3,965                 3,965
Reclassification of warrants and stock options from equity to derivative liability due to authorized share deficiency                           (3,591)                 (3,591)
Reclassification of derivative liabilities to equity upon cure of authorized share deficiency                           1,796                 1,796
Fair value of warrants issued                           8                 8
Issuance of common stock for consulting services                           8                 8
Net loss                             (20,902)               (20,902)
Balance at Jun. 30, 2021           $ 8               194,229 (168,138)               26,099
Balance (in shares) at Jun. 30, 2021           8,352,000                                  
Gross proceeds from issuance of common stock for cash $ 1 $ 1   $ 18 $ 6   $ 4,999 $ 1,518 $ 1,172   $ 64,372   $ 39,950     $ 5,000 $ 1,519 $ 1,172   $ 64,390   $ 39,956  
Gross proceeds from issuance of common stock for cash (in shares) 769,000 138,000 116,000 18,026,000 6,147,000                     769,231 138,388            
Advisory fees, Underwriting commissions and other offering costs                           (4,596)                 (4,596)
Share-based compensation                           3,685                 3,685
Reclassification of derivative liabilities to equity upon cure of authorized share deficiency                           35,025                 35,025
Commitment shares issued under LPC Purchase Agreement                 $ 450                 $ 450          
Commitment shares issued under LPC Purchase Agreement (in shares)     34,000                             33,799          
Fair value of warrants issued                   $ 7,048   $ 10,783             $ 7,048   $ 10,783    
Net loss                             (41,060)               (41,060)
Balance at Jun. 30, 2022           $ 34               $ 358,635 $ (209,198)               $ 149,471
Balance (in shares) at Jun. 30, 2022           33,582,000