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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net (loss) income $ (15,945) $ 17,778
Adjustments to reconcile net (loss) income to net cash used in operating activities:    
Share-based compensation (144) 2,278
Impairment of long-lived assets 0 10,899
Noncash lease expense 214 2,433
Depreciation expense 368 383
Loss on disposal of property and equipment 14 32
Gain on disposition of a non-financial asset (500) 0
Changes in operating assets and liabilities:    
Unbilled receivables 0 85
Prepaid expenses and other current assets 2,150 4,534
Accounts payable (2,992) (3,147)
Accrued liabilities (4,009) (7,274)
Deferred revenue 0 (64,862)
Operating lease liability 0 (13,612)
Net cash used in operating activities (20,844) (50,473)
Cash flows from investing activities:    
Purchases of short-term investments 0 (58,232)
Proceeds from maturity of short-term investments 34,640 107,379
Proceeds from sale of property and equipment 10 0
Proceeds from the disposition of a non-financial asset 500 0
Purchases of property and equipment 0 (7)
Net cash provided by investing activities 35,150 49,140
Cash flows from financing activities:    
Payment of cash dividend 0 (11,660)
Payment of financing costs 0 (208)
Net cash used in financing activities 0 (11,868)
Net increase (decrease) in cash and cash equivalents 14,306 (13,201)
Cash and cash equivalents at beginning of the year 3,705 16,906
Cash and cash equivalents at end of the year 18,011 3,705
Supplemental cash flow information:    
Re-measurement of right-of-use asset and related lease liability upon lease modification 0 (22)
Re-measurement of right-of-use asset for direct costs associated with lease modification $ 0 $ 181