Balance Sheet Details

9 Months Ended

Mar. 31, 2026

Balance Sheet Related Disclosures [Abstract]

3. Balance Sheet Details

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following, in thousands:


	March 31, 2026		June 30, 2025
Asset management fee	$	588	$	—
Insurance		606		176
Software license		39		39
Other		114		59
Total prepaid and other current assets	$	1,347	$	274

Accrued Liabilities

Accrued liabilities consisted of the following, in thousands:



	March 31, 2026		June 30, 2025
Accrued compensation and benefits(1)	$	530	$	873
Accrued legal and professional services		92		144
Accrued pre-clinical and clinical trial expenses		4		134
Derivative liabilities - Covered Call Options		9		—
Other		64		27
Total accrued liabilities	$	699	$	1,178

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(1) Includes employee termination benefits of approximately $0.7 million as of June 30, 2025, as more fully described in Note 6. Employee Termination Benefits.