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11. Subsequent Event
9 Months Ended
Mar. 31, 2020
Subsequent Events [Abstract]  
Subsequent Event

11. Subsequent Event

 

Small Business Administration Loan

 

In April 2020, we executed a promissory note (the “Note”) in the principal amount of approximately $2,438,000 as part of the Paycheck Protection Program (the “PPP Loan”) administered by the Small Business Administration (the “SBA”) and authorized under the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). The PPP Loan was made through Silicon Valley Bank. On May 6, 2020, we repaid the Note in full.