v3.26.3
LEASES (Tables)
12 Months Ended
Jun. 30, 2026
LEASES  
Schedule of carrying value of right-of-use assets and operating lease liabilities

As of June 30, 2026 and 2025, the carrying values of all of the Company’s right-of-use assets and the related operating lease liabilities were as follows (in thousands):

​

​

​

​

​

​

​

​

​

  ​ ​ ​

2026

  ​ ​ ​

2025

Right-of-use assets

​

$

769

​

$

1,348

​

​

​

​

​

​

​

Operating lease liabilities:

​

 

  ​

​

 

  ​

Current

​

$

658

​

$

632

Long-term

​

 

276

​

 

983

Total

​

$

934

​

$

1,615

Schedule of operating lease expense

For the fiscal years ended June 30, 2026 and 2025, operating lease expense is included under the following captions in the accompanying consolidated statements of operations (in thousands):

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​

​

​

​

​

​

​

​

2026

  ​ ​ ​

2025

Research and development

​

$

491

​

$

489

General and administrative

​

 

231

​

 

178

Total

​

$

722

​

$

667

Schedule of future payments under operating lease agreements

Future payments under all operating lease agreements as of June 30, 2026 are as follows (in thousands):

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​

​

​

Fiscal year ending June 30, 

  ​ ​ ​

  ​

​

2027

​

$

750

2028

​

​

224

Total lease payments

​

​

974

Less imputed interest

​

 

(40)

Present value of operating lease liabilities

​

$

934

​