v3.26.3
Note 13 - Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Tax at statutory rate, amount $ (2,989) $ (2,897)
Tax at statutory rate 21.00% 21.00%
State income taxes, net of federal benefit, amount $ 52 $ 26
State income taxes, net of federal benefit (0.30%) (0.20%)
Stock-based compensation expense, amount $ 0 $ 22
Stock-based compensation expense 0.00% (0.10%)
Change in valuation allowance, amount $ (12,840) $ 2,465
Change in valuation allowance 90.20% (17.90%)
Innovus sale adjustment, amount $ 14,048
Innovus sale adjustment (98.70%)
Gain on derivative warrant liability, amount $ 994 $ 0
Gain on derivative warrant liability (7.00%) 0.00%
Other permanent differences, amount $ 131 $ 0
Other permanent differences (0.90%) 0.00%
Other, amount $ 625 $ 821
Other (4.40%) (6.00%)
Net income tax expense, amount $ 21 $ 437
Income tax expense (0.10%) (3.20%)