v3.26.3
Share-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2026
Share Based Compensation [Abstract]  
Schedule of Weighted-Average Assumptions Used in Calculating the Fair Value of the Awards

The following table summarizes the weighted-average assumptions used in calculating the fair value of the awards granted during the years ended June 30, 2026 and 2025:

 

Year Ended June 30,

 

 

2026

 

 

2025

 

Expected term (in years)

 

 

6.0

 

 

 

5.8

 

Expected volatility

 

 

86.5

%

 

 

79.6

%

Risk-free interest

 

 

3.8

%

 

 

3.8

%

Dividend yield

 

 

-

%

 

 

-

%

Schedule of Summarizes Employee and Non-Employee Stock Option Activity

The following table summarizes employee and non-employee stock option activity for the year ended June 30, 2026:

 

Number
of Options

 

 

Weighted
Average
Exercise
Price per Share

 

 

Weighted
Average
Remaining
Contractual
Term

 

 

Aggregate
Intrinsic
Value
(1)

 

 

 

 

 

 

 

 

(in years)

 

 

 

 

Outstanding as of June 30, 2025

 

 

91,211

 

 

$

88.79

 

 

 

6.15

 

 

$

-

 

Granted

 

 

51,839

 

 

$

8.27

 

 

 

9.16

 

 

$

-

 

Lapsed

 

 

(27,140

)

 

$

14.68

 

 

 

-

 

 

$

-

 

Outstanding as of June 30, 2026

 

 

115,910

 

 

$

70.13

 

 

 

6.57

 

 

$

-

 

Options exercisable as of June 30, 2026

 

 

82,455

 

 

$

94.77

 

 

 

5.63

 

 

$

-

 

(1) The aggregate intrinsic value in this table was calculated on the positive difference, if any, between the closing price per share of the Company’s common stock on June 30, 2026 of $4.37 and the per share exercise price of the underlying options.

Schedule of Activity Relating to RSUs

The table below summarizes activity relating to RSUs for the twelve months ended June 30, 2026:

 

 

Number
of Units

 

 

Weighted-Average Grant Date
Fair Value

 

Outstanding at June 30, 2025

 

 

33,915

 

 

$

5.11

 

Vested / Settled

 

 

(33,915

)

 

 

5.11

 

Granted

 

 

42,684

 

 

 

4.03

 

Outstanding at June 30, 2026

 

 

42,684

 

 

$

4.03