Balance Sheet Details (Tables)

9 Months Ended

Mar. 31, 2026

Balance Sheet Related Disclosures [Abstract]

Schedule of 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.