v3.26.1
INCOME TAXES - Components of deferred tax assets and liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Deferred tax assets:      
Net operating loss carryforwards $ 4,312 $ 850  
Research credits 11,130 10,064  
Other credits   3  
Deferred revenue 3,526 770  
Stock-based compensation 4,048 4,054  
Accruals and reserves 882 1,178  
Lease liability 176 286  
Intangibles   3  
Other 107 85  
Section 267 payables 2,004 2,335  
Capitalized research and development 8,155 14,453  
Gross deferred tax assets 34,340 34,081  
Less valuation allowance (6,219) (5,529) $ (35,608)
Net deferred tax assets 28,121 28,552  
Gross deferred tax liabilities      
Right-of-use asset (171) (298)  
Fixed assets (54) (28)  
Gross deferred tax liabilities (225) (326)  
Total deferred tax assets, net 27,896 28,226  
Location, Statement of Financial Position, Balance [Axis]: us-gaap:OtherAssetsNoncurrent      
Gross deferred tax liabilities      
Total deferred tax assets, net $ 27,896 $ 28,226