v3.25.2
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]    
Revenue from customers $ 86 $ 12
Operating expenses:    
Research and development (10,747) (12,879)
General and administrative (13,128) (17,174)
Total operating expenses (23,875) (30,053)
Loss from operations (23,789) (30,041)
Other income, net:    
R&D tax incentive 1,756 11,434
Foreign exchange expense (289) (28)
Interest expense (303)
Interest income 62 206
Change in fair value of convertible rights 299
Change in fair value of warrant liabilities (21,925)
Warrant issuance costs (129)
Loss on extinguishment (1,472)
ELOC commitment fee (1,095)
Total other income, net (23,096) 11,612
Loss before income tax expense (46,885) (18,429)
Income tax expense (30)
Net loss (46,885) (18,459)
Other comprehensive income/ (loss):    
Currency translation adjustment, net of tax 208 (77)
Total comprehensive loss $ (46,677) $ (18,536)
Net loss per share: Basic (in Dollars per share) $ (1.35) $ (1.15)
Net loss per share: diluted (in Dollars per share) $ (1.35) $ (1.15)
Weighted average number of shares outstanding, basic (in Shares) 34,454,269 16,164,338
Weighted average number of shares outstanding, diluted (in Shares) 34,454,269 16,164,338