v3.25.1
Note 12 - Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

 

Fair Value

at

  

Fair Value Measurements at June 30, 2024

 

 

June 30, 2024

  

(Level 1)

  

(Level 2)

  

(Level 3)

 

 

(in thousands)

 

Liabilities:

 

  

  

  

 

Derivative warrant liabilities

 $12,745  $  $  $12,745 

Total

 $12,745  $  $  $12,745 

 

Fair Value

at

  

Fair Value Measurements at June 30, 2023

 

 

June 30, 2023

  

(Level 1)

  

(Level 2)

  

(Level 3)

 

 

(in thousands)

 

Liabilities:

 

  

  

  

 

Derivative warrant liabilities

 $6,403  $  $  $6,403 

Total

 $6,403  $  $  $6,403 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

 

Derivative Warrant

 

 

Liabilities

 

 

(in thousands)

 

Balance as of June 30, 2022

 $1,796 

Issued

  10,998 

Settlements

   

Included in earnings

  (6,391)

Balance as of June 30, 2023

  6,403 

Issued (1)

  5,148 

Settlements (1)

  (2,810)

Included in earnings

  4,004 

Balance as of June 30, 2024

 $12,745 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

 

June 2023

Warrants

  

Warrants

 

 

Tranche A

  

Other (1)

 
  

Monte Carlo
& Black-Scholes

  

Black-Scholes

 

Aytu closing stock price

 $2.92  $2.92 

Equivalent term (years)

  3.9   2.6-3.2 

Expected volatility

  80.3%  83.2%-87.5% 

Risk-free rate

  4.4%  4.5%-4.6% 

Dividend yield

  0%   0%