Subsequent Events |
12 Months Ended | ||
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Jun. 30, 2025 | |||
Subsequent Events [Abstract] | |||
Subsequent Events |
On August 11, 2025, the Company closed an underwritten public offering of (i) 380,000 pre-funded units (the “Pre-Funded Units”), with each Pre-Funded Unit consisting of one pre-funded warrant and one Warrant. The underwriter also exercised its over-allotment option in part and purchased an additional 667,300 Warrants. The offering resulted in net proceeds of approximately $10.4 million, after deducting underwriting discounts and commissions and other estimated offering expenses. On August 8, 2025, the Warrants commenced trading on The Nasdaq Capital Market under the symbol “BIVIW.” Each Warrant is immediately exercisable, entitles the holder to purchase one share of common stock at an exercise price of $2.50 per share and expires five years from the date of issuance. Each Pre-Funded Warrant is immediately exercisable, entitles the holder to purchase one share of common stock and may be exercised at any time until exercised in full. units (the “Units”), with each Unit consisting of one share of common stock and one warrant (the “Warrants”) and (ii) |