v3.26.3
NET LOSS PER SHARE (Tables)
12 Months Ended
Jun. 30, 2026
NET LOSS PER SHARE  
Schedule of basic and diluted net loss per share

Presented below are the numerators and the denominators used in the calculation of basic and diluted net loss per share for the fiscal years ended June 30, 2026 and 2025 (in thousands except share and per share amounts):

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2026

​

2025

Numerator:

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​

​

​

​

​

Net loss

​

$

(77,586)

​

$

(74,412)

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​

​

​

​

​

​

Denominator:

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​

​

​

​

​

Weighted average number of common shares outstanding

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​

93,772,033

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​

63,599,003

Weighted average shares related to pre-funded warrants:

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​

​

​

​

​

2021 PFWs

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​

123,000

​

​

123,000

2022 PFWs

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​

3,595,699

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​

6,520,837

Exchange PFWs

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​

—

​

​

719,967

2024 PFWs

​

​

2,359,982

​

​

3,750,000

2025 PFWs

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​

4,056,400

​

​

1,286,483

Weighted average shares outstanding

​

​

103,907,114

​

​

75,999,290

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​

​

​

​

​

​

Net loss per share of common stock:

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​

​

​

​

​

Basic and diluted

​

$

(0.75)

​

$

(0.98)

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Schedule of potential common stock equivalents were excluded from the computation of diluted net loss per share

As of June 30, 2026 and 2025, the following potential common stock equivalents were excluded from the calculation of diluted net loss per share since the impact of inclusion was anti-dilutive:

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2026

  ​ ​ ​

2025

Stock options

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12,468,431

​

13,027,994

RSUs

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2,230,335

​

1,056,500

Legacy Warrants

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849,782

​

850,442

Total

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15,548,548

​

14,934,936

​