v3.25.4

Balance Sheet Details

6 Months Ended

Dec. 31, 2025

Balance Sheet Related Disclosures [Abstract]

Balance Sheet Details

3. Balance Sheet Details

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following, in thousands:

		December 31, 2025				June 30, 2025
Asset management fee		$	1,061			$	—
Insurance			992				176
Software license			35				39
Other			66				59
Total prepaid and other current assets		$	2,154			$	274

Accrued Liabilities

Accrued liabilities consisted of the following, in thousands:

		December 31, 2025				June 30, 2025
Accrued compensation and benefits(1)		$	408			$	873
Accrued legal and professional services			242				144
Accrued pre-clinical and clinical trial expenses			18				134
Derivative liabilities - Covered Call Options			28				—
Other			64				27
Total accrued liabilities		$	760			$	1,178

________________

(1) Includes employee termination benefits of approximately $0.7 million as of June 30, 2025, as more fully described in Note 6. Employee Termination Benefits.

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- References

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- Definition

The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 210
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/210/tableOfContent

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