v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Beginning balance, shares at Jun. 30, 2024   2,753    
Beginning balance at Jun. 30, 2024 $ 10,706 $ 28 $ 210,679 $ (200,001)
Issuance of common stock, net of issuance and offering costs (in shares)   232    
Issuance of common stock, net of issuance and offering costs 1,522 $ 2 1,520  
Issuance of warrants, net of issuance and offering costs 1,502   1,502  
Vesting of restricted share units, Shares   10    
Vesting of restricted share units (127)   (127)  
Share based compensation expense 1,350   1,350  
Net income (loss) (12,859)     (12,859)
Ending balance, shares at Sep. 30, 2024   2,995    
Ending balance at Sep. 30, 2024 2,094 $ 30 214,924 (212,860)
Beginning balance, shares at Jun. 30, 2024   2,753    
Beginning balance at Jun. 30, 2024 10,706 $ 28 210,679 (200,001)
Convertible note derivative liability reclassification 3,601      
Net income (loss) (21,841)      
Ending balance, shares at Mar. 31, 2025   17,996    
Ending balance at Mar. 31, 2025 66,262 $ 180 287,924 (221,842)
Beginning balance, shares at Sep. 30, 2024   2,995    
Beginning balance at Sep. 30, 2024 2,094 $ 30 214,924 (212,860)
Vesting of restricted share units, Shares   1    
Vesting of restricted share units (9)   (9)  
Share based compensation expense 179   179  
Convertible note derivative liability reclassification 3,601   3,601  
Net income (loss) (14,262)     (14,262)
Ending balance, shares at Dec. 31, 2024   2,996    
Ending balance at Dec. 31, 2024 (8,397) $ 30 218,695 (227,122)
Debt exchange, net of issuance costs (in shares)   13,587    
Debt exchange, net of issuance costs 57,098 $ 136 56,962  
Common stock, net of issuance costs (in shares)   1,408    
Common stock, net of issuance costs 4,376 $ 14 4,362  
Warrants, net of issuance costs 7,639   7,639  
Vesting of restricted share units, Shares   5    
Vesting of restricted share units (46)   (46)  
Share based compensation expense 312   312  
Net income (loss) 5,280     5,280
Ending balance, shares at Mar. 31, 2025   17,996    
Ending balance at Mar. 31, 2025 66,262 $ 180 287,924 (221,842)
Beginning balance, shares at Jun. 30, 2025   20,018    
Beginning balance at Jun. 30, 2025 63,190 $ 200 294,546 (231,556)
Issuance of common stock, net of issuance and offering costs (in shares)   2,374    
Issuance of common stock, net of issuance and offering costs 7,392 $ 24 7,368  
Vesting of restricted share units, Shares   33    
Vesting of restricted share units (68)   (68)  
Common stock issued for services, Shares   20    
Common stock issued for services 71   71  
Share based compensation expense 302   302  
Net income (loss) (10,690)     (10,690)
Ending balance, shares at Sep. 30, 2025   22,445    
Ending balance at Sep. 30, 2025 60,197 $ 224 302,219 (242,246)
Beginning balance, shares at Jun. 30, 2025   20,018    
Beginning balance at Jun. 30, 2025 63,190 $ 200 294,546 (231,556)
Net income (loss) (33,717)      
Ending balance, shares at Mar. 31, 2026   41,512    
Ending balance at Mar. 31, 2026 73,041 $ 415 337,899 (265,273)
Beginning balance, shares at Sep. 30, 2025   22,445    
Beginning balance at Sep. 30, 2025 60,197 $ 224 302,219 (242,246)
Issuance of common stock, warrant exercise ( in shares)   1,067    
Issuance of common stock, warrant exercise 2,000 $ 11 1,989  
Share based compensation expense 318   318  
Net income (loss) (10,895)     (10,895)
Ending balance, shares at Dec. 31, 2025   23,512    
Ending balance at Dec. 31, 2025 51,620 $ 235 304,526 (253,141)
Issuance of common stock, net of issuance and offering costs (in shares)   18,000    
Issuance of common stock, net of issuance and offering costs 33,236 $ 180 33,056  
Share based compensation expense 317   317  
Net income (loss) (12,132)     (12,132)
Ending balance, shares at Mar. 31, 2026   41,512    
Ending balance at Mar. 31, 2026 $ 73,041 $ 415 $ 337,899 $ (265,273)