Subsequent Events	6 Months Ended
Dec. 31, 2021
Subsequent Events
Subsequent Events	Note 6. Subsequent Events Stock Options On January 18, 2022, the Company granted stock options underlying 5,000 shares of common stock to an employee with a fair value of approximately $5,800. The options vest over a three-year period, and have a term of ten years. On February 8, 2022, the Company granted stock options underlying 238,767 shares of common stock to the board of directors with a fair value of approximately $247,000. The options vest immediately. Restricted Common Stock On February 8, 2022, the Company issued 42,214 shares of restricted stock to employees. These shares vest over a three year period, with a one year cliff vesting period, and remain subject to forfeiture if vesting conditions are not met. The aggregate value of the stock award was $88,650 based on the market price of our common stock of $2.10 per share on the date of grant, which will be amortized over the three-year vesting period. Line of Credit On February 14, 2022, SVB provided a short-term extension of the maturity date of the Loan and Security Agreement to facilitate the completion of negotiations regarding the extension of the term and other provisions under the Loan and Security Agreement.

Subsequent Events

6 Months Ended

Dec. 31, 2021

Note 6. Subsequent Events

Stock Options

On January 18, 2022, the Company granted stock options underlying 5,000 shares of common stock to an employee with a fair value of approximately $5,800. The options vest over a three-year period, and have a term of ten years.

On February 8, 2022, the Company granted stock options underlying 238,767 shares of common stock to the board of directors with a fair value of approximately $247,000. The options vest immediately.

Restricted Common Stock

On February 8, 2022, the Company issued 42,214 shares of restricted stock to employees. These shares vest over a three year period, with a one year cliff vesting period, and remain subject to forfeiture if vesting conditions are not met.

The aggregate value of the stock award was $88,650 based on the market price of our common stock of $2.10 per share on the date of grant, which will be amortized over the three-year vesting period.

Line of Credit

On February 14, 2022, SVB provided a short-term extension of the maturity date of the Loan and Security Agreement to facilitate the completion of negotiations regarding the extension of the term and other provisions under the Loan and Security Agreement.