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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss for the period $ (7,995) $ (10,999)
Adjustments for:    
Change in valuation of earnout shares liability 510 (3,854)
Change in valuation of warrant liabilities 620 (580)
Other gain (122) (195)
Share based compensation 788 2,779
Fair value of private placement warrants 144 102
Accretion of convertible debt 43 4,267
Change in fair value of convertible note 40
Yorkville share issuances 80 78
Depreciation 3 2
Unrealized loss on equity securities 2 2
Non-cash lease activity (4) 21
  (5,891) (8,377)
Change in working capital items:    
Prepaid expenses 836 1,124
Accounts payable and accrued liabilities (820) 1,637
Net cash used in operating activities (5,875) (5,616)
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of land and buildings (5)
Net cash used in investing activities (5)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from issuance of capital stock 14,516 3,663
Related party debt draws 504
Related party debt repayments (504)
Convertible debt repayments (7,223)
Share issue costs (2,131) (194)
Net cash provided by financing activities 5,162 3,469
Change in cash and cash equivalents during period (718) (2,147)
Cash and cash equivalents, beginning of period 2,012 2,341
Cash and cash equivalents, end of period 1,294 194
Supplemental cash flow information:    
Conversion of debt for common shares 501 13,121
Value of warrants issued 2,262
Interest paid $ 4