LIQUIDITY (Details) - USD ($) $ in Thousands |
1 Months Ended | 12 Months Ended | |
|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| LIQUIDITY | |||
| Net loss | $ 77,586 | $ 74,412 | |
| Net cash used in operating activities | 64,635 | 69,075 | |
| Accumulated deficit | $ 481,442 | 481,442 | 403,856 |
| Cash and cash equivalents | 10,615 | 10,615 | 94,107 |
| Short-term investments | 97,186 | 97,186 | 73,751 |
| Total liabilities | 12,162 | 12,162 | 13,363 |
| Current liabilities | 11,418 | 11,418 | $ 11,912 |
| XOMA (US) LLC | US Clinical Trial Rz358 (ersodetug) | Ersodetug License Agreement | Upon Regulatory Approval | |||
| LIQUIDITY | |||
| Milestone closing payment | $ 25,000 | ||
| XOMA (US) LLC | Phase 3 Clinical Trial RZ 358 (ersodetug) | Ersodetug License Agreement | |||
| LIQUIDITY | |||
| Milestone closing payment | $ 5,000 | ||
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- Definition Amount of milestone payment made during the period. No definition available.
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- Definition Amount of cash and cash equivalent. Cash includes, but is not limited to, currency on hand, demand deposit with financial institution, and account with general characteristic of demand deposit. Cash equivalent includes, but is not limited to, short-term, highly liquid investment that is both readily convertible to known amount of cash and so near maturity that it presents insignificant risk of change in value because of change in interest rate. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of liability recognized for present obligation requiring transfer or otherwise providing economic benefit to others. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of investment in marketable security, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of cash inflow (outflow) from operating activity, including, but not limited to, discontinued operation. Operating activity includes, but is not limited to, transaction, adjustment, and change in value not defined as investing or financing activity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of accumulated undistributed earnings (deficit). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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