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v3.24.3

Note 12 - Fair Value Measurements (Tables) | 12 Months Ended
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Jun. 30, 2024
Notes Tables |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
​ |  | Fair Value at |  |  | Fair Value Measurements at June 30, 2024 |
​ |  | June 30, 2024 |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
​ |  | (in thousands) |
Liabilities: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Derivative warrant liabilities |  | $ | 12,745 |  |  | $ | — |  |  | $ | — |  |  | $ | 12,745 |
Total |  | $ | 12,745 |  |  | $ | — |  |  | $ | — |  |  | $ | 12,745 |
​ |  | Fair Value at |  |  | Fair Value Measurements at June 30, 2023 |
​ |  | June 30, 2023 |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
​ |  | (in thousands) |
Liabilities: |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
Derivative warrant liabilities |  | $ | 6,403 |  |  | $ | — |  |  | $ | — |  |  | $ | 6,403 |
Total |  | $ | 6,403 |  |  | $ | — |  |  | $ | — |  |  | $ | 6,403 |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] |
​ |  | Derivative Warrant |
​ |  | Liabilities |
​ |  | (in thousands) |
Balance as of June 30, 2022 |  | $ | 1,796 |
Issued |  |  | 10,998 |
Settlements |  |  | — |
Included in earnings |  |  | (6,391 | )
Balance as of June 30, 2023 |  |  | 6,403 |
Issued (1) |  |  | 5,148 |
Settlements (1) |  |  | (2,810 | )
Included in earnings |  |  | 4,004 |
Balance as of June 30, 2024 |  | $ | 12,745 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
​ |  | June 2023 Warrants |  |  | Warrants |
​ |  | Tranche A |  |  | Other (1) |
|  | Monte Carlo & Black-Scholes |  |  | Black-Scholes |
Aytu closing stock price |  | $ | 2.92 |  |  | $ | 2.92 |
Equivalent term (years) |  |  | 3.9 |  |  |  | 2.6 - 3.2 |
Expected volatility |  |  | 80.3 | % |  |  | 83.2% - 87.5% |
Risk-free rate |  |  | 4.4 | % |  |  | 4.5% - 4.6% |
Dividend yield |  |  | 0 | % |  |  | 0% |

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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://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + 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://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + 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/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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