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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net loss $ (13,546) $ (23,211)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of warrant liability (20,307) (830)
Share-based compensation 5,551 3,884
Depreciation and amortization 143 60
Non-cash lease expense 482  
Changes in operating assets and liabilities:    
Receivable for foreign tax withholding 20,420  
Prepaid expenses and other current assets (8,294) (129)
Accounts payable 3,118 (1,749)
Accrued liabilities 5,012 (974)
Deferred revenue 2,334 (1,610)
Operating lease liability 26  
Net cash used in operating activities (5,061) (24,559)
Cash flows from investing activities:    
Purchases of property and equipment (700) (5)
Purchases of short-term investments (215,176) (70,199)
Proceeds from maturity of short-term investments 215,208 39,855
Net cash used in investing activities (668) (30,349)
Cash flows from financing activities:    
Proceeds from exercise of stock options 139 72
Proceeds from issuance of common stock, net 3,136 48,610
Collection of common stock proceeds receivable   5,274
Net cash provided by financing activities 3,275 53,956
Net decrease in cash and cash equivalents (2,454) (952)
Cash and cash equivalents at beginning of the period 12,331 9,590
Cash and cash equivalents at end of the period 9,877 8,638
Supplemental disclosures:    
Income taxes paid (8) $ (1)
Operating lease right-of-use assets obtained in exchange for operating lease liabilities $ 8,689