XML 48 R38.htm IDEA: XBRL DOCUMENT
v3.22.4

Fair Value Considerations (Tables) | 3 Months Ended
--- | ---
Sep. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Schedule of fair value on a recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | Fair Value Measurements at September 30, 2022
​ |  | Fair Value at September 30, |  | ​ |  | ​ |  | ​
​ | ​ | 2022 |  | (Level 1) |  | (Level 2) |  | (Level 3)
​ | ​ | (In thousands)
Assets: |  | ​ | ​ |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents | ​ | $ | 23,811 | ​ | $ | 23,811 | ​ | $ | — | ​ | $ | —
Total | ​ | $ | 23,811 |  | $ | 23,811 |  | $ | — | ​ | $ | —
Liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contingent consideration |  | $ | 423 |  | $ | — |  | $ | — |  | $ | 423
CVR liability |  | ​ | 706 |  | ​ | — |  | ​ | — |  | ​ | 706
Derivative warrant liabilities (As Restated) | ​ | ​ | 5,558 |  | ​ | — |  | ​ | — |  | ​ | 5,558
Total | ​ | $ | 6,687 |  | $ | — |  | $ | — | ​ | $ | 6,687
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | Fair Value Measurements at June 30, 2022
​ |  | Fair Value at June 30, |  | ​ |  | ​ |  | ​
​ | ​ | 2022 |  | (Level 1) |  | (Level 2) |  | (Level 3)
​ |  | (In thousands)
Assets: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents | ​ | $ | 19,360 | ​ | $ | 19,360 | ​ | $ | — | ​ | $ | —
Total | ​ | $ | 19,360 |  | $ | 19,360 |  | $ | — | ​ | $ | —
Liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contingent consideration | ​ | $ | 396 |  | $ | — |  | $ | — |  | $ | 396
CVR liability | ​ | ​ | 578 |  | ​ | — |  | ​ | — |  | ​ | 578
Derivative warrant liabilities | ​ | ​ | 1,796 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,796
Total | ​ | $ | 2,770 |  | $ | — |  | $ | — | ​ | $ | 2,770
​ ​
Schedule of changes in Level 3 inputs | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | CVR |  | Contingent |  | Derivative | ​ | ​ | Fixed Payment | ​
​ | ​ | Liability | ​ | Consideration | ​ | Warrant Liabilities | ​ | ​ | Arrangement | ​
​ | ​ | (In thousands)
Balance as of June 30, 2022 |  | $ | 578 | ​ | $ | 396 | ​ | $ | 1,796 | ​ | $ | 13,051 | ​
Included in earnings |  | ​ | 128 | ​ | ​ | 27 | ​ | ​ | (2,191) | ​ | ​ | 446 | ​
Purchases, issues, sales and settlements: |  |  | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Issues |  |  | — | ​ |  | — | ​ |  | 5,953 | ​ |  | — | ​
Settlements |  |  | — | ​ |  | — | ​ |  | — | ​ |  | (1,025) | ​
Balance as of September 30, 2022 |  | $ | 706 | ​ | $ | 423 | ​ | $ | 5,558 | ​ | $ | 12,472 | ​
​ ​
Contingent Value Rights |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Schedule of significant assumptions used in valuation | ​
​ | ​ | ​ | ​
​ | ​ | September 30,
​ |  | 2022
Leveraged Beta |  | 0.84 | ​
Market risk premium | ​ | 6.22 | %
Risk-free interest rate | ​ | 4.09 | %
Discount | ​ | 21.50 | %
Company specific discount |  | 10.00 | %
​ ​
Derivative Financial Instruments, Liabilities |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Schedule of significant assumptions used in valuation | ​
​ | ​ | ​ | ​
​ | ​ | August 9,
​ |  | 2022
Expected volatility |  | 89.89 | %
Equivalent term (years) | ​ | 4.11 | ​
Risk-free rate | ​ | 3.09 | %
Dividend yield | ​ | 0.00 | %
​ ​
​ | ​ | ​ | ​
​ | ​ | September 30,
​ |  | 2022
Expected volatility |  | 87.33 | %
Equivalent term (years) | ​ | 4.11 - 4.94 | ​
Risk-free rate | ​ | 4.06 - 4.16 | %
Dividend yield | ​ | 0.00 | %
​ ​

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueByLiabilityClassAxis=aytu_ContingentValueRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByLiabilityClassAxis=us-gaap_DerivativeFinancialInstrumentsLiabilitiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |