v3.25.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating activities:    
Net loss $ (3,346) $ (3,625)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of deferred compensation 14
Stock-based compensation expense 2,112 316
Depreciation and amortization expense 210 202
Amortization of discount on convertible notes 428
Changes in fair value of derivative liabilities 2,855
Changes in operating assets and liabilities:    
Accounts receivable (38) (1,265)
Prepaids and other current assets (58) (114)
Other assets (8)
Accounts payable (177) (134)
Accrued expenses and other current liabilities 239 (9)
Net cash used in operating activities (1,066) (1,332)
Investing activities:    
Purchase of equipment (241) (41)
Net cash used in investing activities (241) (41)
Financing activities:    
Proceeds from stock option exercise 64
Proceeds from stock warrant exercise 690
Proceeds from convertible notes issuance 3,145
Proceeds from public offering, net of offering costs 23,385
Net cash provided by financing activities 24,139 3,145
Net change in cash and cash equivalents, and certificate of deposit 22,832 1,772
Cash and cash equivalents, and certificate of deposit, beginning of period 15,740 1,291
Cash and cash equivalents, and certificate of deposit, end of period 38,572 3,063
Supplemental non-cash disclosures:    
Right of use asset - operating obtained in exchange for lease liability -operating $ 274