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STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Revenue $ 28,913 $ 4,915 $ 1,622
Operating expenses:      
Cost of revenue 2,671 4,263 3,383
Research and development 34,065 32,300 17,038
General and administrative 16,717 14,597 9,787
Total operating expenses 53,453 51,160 30,208
Loss from operations (24,540) (46,245) (28,586)
Other income (expense):      
Change in fair value of warrant liability (22,870) 27,632 (9,705)
Financing costs associated with warrants     (2,367)
Interest and dividend income 1,395 1,795 591
Income tax expense (1) (1) (1)
Net loss (46,016) [1] (16,819) [1] (40,068)
Net loss:      
Basic (46,016) (16,819) (40,068)
Diluted $ (46,016) $ (54,613) $ (40,068)
Net loss per share:      
Basic $ (0.51) $ (0.24) $ (0.97)
Diluted $ (0.51) $ (0.75) $ (0.97)
Shares used in computing net loss per share:      
Basic 91,080 71,139 41,431
Diluted 91,080 72,385 41,431
[1] We have experienced large changes in our net loss which relates to the change in fair value of the warrant liability for the years ended June 30, 2020 and 2019. Refer to Note 1 for further discussion.