v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Pre-Funded Warrants
Advisory Warrants
At The Market Offering
Asset Management Agreement
Private Placement
Common Shares
Common Shares
Pre-Funded Warrants
Common Shares
At The Market Offering
Common Shares
Private Placement
Additional paid in capital
Additional paid in capital
Pre-Funded Warrants
Additional paid in capital
Advisory Warrants
Additional paid in capital
At The Market Offering
Additional paid in capital
Asset Management Agreement
Additional paid in capital
Private Placement
Accumulated Deficit
Treasury Shares
Beginning Balance, Shares at Jun. 30, 2024             6,663                      
Beginning Balance at Jun. 30, 2024 $ 33,020                   $ 421,239           $ (388,219)  
Net Income (Loss) (8,007)                               (8,007)  
Share-based compensation (135)                   (135)              
Ending Balance, Shares at Sep. 30, 2024             6,663                      
Ending Balance at Sep. 30, 2024 24,878                   421,104           (396,226)  
Beginning Balance, Shares at Jun. 30, 2024             6,663                      
Beginning Balance at Jun. 30, 2024 33,020                   421,239           (388,219)  
Net Income (Loss) (13,257)                                  
Issuance of Advisory Warrants for services rendered in the July 2025 PIPE 0                                  
Ending Balance, Shares at Mar. 31, 2025             6,663                      
Ending Balance at Mar. 31, 2025 19,541                   421,017           (401,476)  
Beginning Balance, Shares at Sep. 30, 2024             6,663                      
Beginning Balance at Sep. 30, 2024 24,878                   421,104           (396,226)  
Net Income (Loss) (2,677)                               (2,677)  
Share-based compensation (103)                   (103)              
Ending Balance, Shares at Dec. 31, 2024             6,663                      
Ending Balance at Dec. 31, 2024 22,098                   421,001           (398,903)  
Net Income (Loss) (2,573)                               (2,573)  
Share-based compensation 16                   16              
Ending Balance, Shares at Mar. 31, 2025             6,663                      
Ending Balance at Mar. 31, 2025 19,541                   421,017           (401,476)  
Beginning Balance, Shares at Jun. 30, 2025             6,663                      
Beginning Balance at Jun. 30, 2025 16,931                   421,095           (404,164)  
Net Income (Loss) (3,639)                               (3,639)  
Issuance of Common Stock, net of issuance costs, Shares                 883 23,217                
Issuance of Common Stock, net of issuance costs       $ 4,628   $ 60,326               $ 4,628   $ 60,326    
Proceeds from the issuance of Pre-Funded Warrants, net of issuance costs   $ 15,649     $ 1,875             $ 15,649     $ 1,875      
Issuance of Advisory Warrants for services rendered in the July 2025 PIPE     $ 16,215                   $ 16,215          
Issuance of Common Stock upon exercise of Pre-Funded Warrants for cash               2,084                    
Issuance of Common Stock upon cashless exercise of Pre-Funded Warrants               2,808                    
Share-based compensation 284                   284              
Ending Balance, Shares at Sep. 30, 2025             35,655                      
Ending Balance at Sep. 30, 2025 112,269                   520,072           (407,803)  
Beginning Balance, Shares at Jun. 30, 2025             6,663                      
Beginning Balance at Jun. 30, 2025 16,931                   421,095           (404,164)  
Net Income (Loss) (58,132)                                  
Issuance of Advisory Warrants for services rendered in the July 2025 PIPE $ 16,215                                  
Ending Balance, Shares at Mar. 31, 2026             36,785                      
Ending Balance, Shares at Mar. 31, 2026 1,629                                 (1,629)
Ending Balance at Mar. 31, 2026 $ 56,837                   521,128           (462,296) $ (1,995)
Beginning Balance, Shares at Sep. 30, 2025             35,655                      
Beginning Balance at Sep. 30, 2025 112,269                   520,072           (407,803)  
Net Income (Loss) (30,799)                               (30,799)  
Issuance of Common Stock upon cashless exercise of Pre-Funded Warrants               1,130                    
Issuance of Advisory Warrants in lieu of cash fees     349                   349          
Repurchase of Common Stock (203)                                 $ (203)
Repurchase of Common Stock, Shares                                   (138)
Share-based compensation 234                   234              
Ending Balance, Shares at Dec. 31, 2025             36,785                      
Ending Balance, Shares at Dec. 31, 2025                                   (138)
Ending Balance at Dec. 31, 2025 81,850                   520,655           (438,602) $ (203)
Net Income (Loss) (23,694)                               (23,694)  
Issuance of Advisory Warrants in lieu of cash fees     $ 203                   $ 203          
Repurchase of Common Stock (1,792)                                 $ (1,792)
Repurchase of Common Stock, Shares                                   (1,491)
Share-based compensation $ 270                   270              
Ending Balance, Shares at Mar. 31, 2026             36,785                      
Ending Balance, Shares at Mar. 31, 2026 1,629                                 (1,629)
Ending Balance at Mar. 31, 2026 $ 56,837                   $ 521,128           $ (462,296) $ (1,995)