XML 25 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 18,011 $ 3,705
Short-term investments 0 34,640
Prepaid expenses and other current assets 274 2,424
Total current assets 18,285 40,769
Operating lease right-of-use asset 0 214
Property and equipment, net 0 392 [1]
Total assets 18,285 41,375
Current liabilities:    
Accounts payable 176 3,168
Accrued liabilities 1,178 5,187
Total current liabilities 1,354 8,355
Total liabilities 1,354 8,355
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.01 par value; 100 shares authorized; none outstanding 0 0
Common stock, $0.00000002 par value; 226,000 shares authorized; 6,663 shares issued and outstanding at June 30, 2025 and June 30, 2024 0 0
Additional paid-in capital 421,095 421,239
Accumulated deficit (404,164) (388,219)
Total stockholders' equity 16,931 33,020
Total liabilities and stockholders' equity $ 18,285 $ 41,375
[1] During fiscal 2025, upon termination of our lease, we either sold or disposed of all property and equipment.