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Fair Value Considerations (Tables) | 9 Months Ended
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Mar. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of fair value on a recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | Fair Value Measurements at March 31, 2023
​ |  | Fair Value at March 31, |  | ​ |  | ​ |  | ​
​ | ​ | 2023 |  | (Level 1) |  | (Level 2) |  | (Level 3)
​ | ​ | (In thousands)
Liabilities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Contingent consideration |  | $ | — |  | $ | — |  | $ | — |  | $ | —
CVR liability |  | ​ | 465 |  | ​ | — |  | ​ | — |  | ​ | 465
Derivative warrant liabilities | ​ | ​ | 1,582 |  | ​ | — |  | ​ | — |  | ​ | 1,582
Total | ​ | $ | 2,047 |  | $ | — |  | $ | — | ​ | $ | 2,047
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ | ​ | Fair Value Measurements at June 30, 2022
​ |  | Fair Value at June 30, |  | ​ |  | ​ |  | ​
​ | ​ | 2022 |  | (Level 1) |  | (Level 2) |  | (Level 3)
​ |  | (In thousands)
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 |  | ​ | (113) | ​ | ​ | (391) | ​ | ​ | (6,167) | ​ | ​ | 1,202
Purchases, issues, sales and settlements: |  |  | ​ | ​ | ​ | ​ | ​ |  | ​ | ​ | ​ | ​
Issues |  |  | — | ​ |  | — | ​ |  | 5,953 | ​ |  | —
Settlements |  |  | — | ​ |  | (5) | ​ |  | — | ​ |  | (3,575)
Balance as of March 31, 2023 |  | $ | 465 | ​ | $ | — | ​ | $ | 1,582 | ​ | $ | 10,678
​
Schedule of significant assumptions used in valuation | Significant assumptions used in valuing CVRs were as follows:
​ | ​ | ​ | ​
​ | ​ | March 31,
​ |  | 2023
Leveraged Beta |  | 0.82 | ​
Market risk premium | ​ | 6.35 | %
Risk-free interest rate | ​ | 4.79 | %
Discount | ​ | 21.25 | %
Company specific discount |  | 10.00 | %
​ ​ ​ Significant assumptions used in valuing derivative warrant liabilities at issuance date were as follows:
​ | ​ | ​ | ​
​ | ​ | August 9,
​ |  | 2022
Expected volatility |  | 89.89 | %
Equivalent term (years) | ​ | 4.11 | ​
Risk-free rate | ​ | 3.09 | %
Dividend yield | ​ | 0.00 | %
​ Significant assumptions used in valuing derivative warrant liabilities were as follows:
​ | ​ | ​ | ​
​ | ​ | March 31,
​ |  | 2023
Expected volatility |  | 75.51 | %
Equivalent term (years) | ​ | 3.84 - 4.44 | ​
Risk-free rate | ​ | 3.65 - 3.73 | %
Dividend yield | ​ | 0.00 | %
​ ​

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- 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
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- 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
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- 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
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