v3.26.3
Note 12 - Fair Value Measurements (Tables)
12 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

Fair Value at

  

Fair Value Measurements at June 30, 2026

 
  

June 30, 2026

  

(Level 1)

  

(Level 2)

  

(Level 3)

 
  

(in thousands)

 

Liabilities:

            

Derivative warrant liabilities

 $1,199  $  $  $1,199 

Total

 $1,199  $  $  $1,199 
  

Fair Value at

  

Fair Value Measurements at June 30, 2025

 
  

June 30, 2025

  

(Level 1)

  

(Level 2)

  

(Level 3)

 
  

(in thousands)

 

Liabilities:

            

Derivative warrant liabilities

 $26,334  $  $  $26,334 

Total

 $26,334  $  $  $26,334 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
  

Derivative

 
  

Warrant Liabilities

 
  

(in thousands)

 

Balance as of June 30, 2024

 $12,745 

Issued (1)

  12,349 

Settlements (2)

  (463)

Included in earnings

  1,703 

Balance as of June 30, 2025

  26,334 

Reclassification of derivative warrant liabilities to equity (3)

  (26,412)

Settlements (4)

  (3,457)

Included in earnings

  4,734 

Balance as of June 30, 2026

 $1,199 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
  

June 2023 Tranche A Warrants

  

Warrants Other (1)

 
  

Monte Carlo & Black-Scholes

  

Black-Scholes

 

Aytu closing stock price

 $2.15  $2.15 

Equivalent term (years)

  2.0   0.59 - 1.19 

Expected volatility

  67.8%  61.3% - 62.6% 

Risk-free rate

  4.1%  4.0%

Dividend yield

  0%  0%