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Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating expenses:    
Research and development $ (2,816) $ (6,566)
General and administrative (1,830) (2,439)
Total operating expenses (4,646) (9,005)
Loss from operations (4,646) (9,005)
Other income (expense):    
Interest and dividend income 27 12
Income tax expense (1)  
Net loss $ (4,620) $ (8,993)
Net loss per share, basic and diluted $ (0.13) $ (0.42)
Weighted average shares outstanding - basic and diluted 34,334,257 21,652,223