v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 103,583 $ 50,866
Restricted cash 63 63
Trade and other receivables 3 229
Prepaid and other assets 361 516
Total current assets 104,010 51,674
Property and equipment, net 145 179
Deposits 55 25
Prepaid and other assets 35 62
Right-of-use assets 964 270
Total assets 105,209 52,210
Current liabilities:    
Trade and other payables 6,254 4,165
Accrued employee benefits 426 475
Lease liabilities, current portion 346 284
Total current liabilities 7,026 4,924
Non-current accrued employee benefits 0 38
Lease liabilities, less current portion 613 0
Total liabilities 7,639 4,962
Stockholders' equity:    
Preferred stock, $0.0001 par value—5,000,000 shares authorized; no shares issued and outstanding at March 31, 2025 and June 30, 2024, respectively 0 0
Common stock, $0.0001 par value—160,000,000 shares authorized; 25,546,288 shares and 10,086,119 shares issued and outstanding at March 31, 2025 and June 30, 2024, respectively 2 1
Additional paid-in capital 310,313 238,398
Accumulated deficit (212,029) (190,259)
Accumulated other comprehensive loss (716) (892)
Total stockholders' equity 97,570 47,248
Total liabilities and stockholders' equity $ 105,209 $ 52,210