v3.21.2

Share-Based Compensation (Tables)

3 Months Ended

Sep. 30, 2021

Share-Based Compensation [Member]

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table summarizes the components of share-based compensation expense in the condensed consolidated statements of operations (in thousands):

​

​	​	​	​	​	​	​
​		Three Months Ended
​	​	September 30,
​		2021			2020
Research and development	​	$	110	​	$	47
General and administrative	​		711	​		304
Total	​	$	821	​	$	351

​

Schedule of Fair value of options granted using the Black-Scholes option pricing model

The Company estimated the fair value of options granted using the Black-Scholes option pricing model with the following assumptions:

​	​	​	​	​
​		​		​
Weighted average risk-free interest rate	​	0.80% - 1.09	%	​
Dividend yield		0	%	​
Volatility		119.16 - 119.76	%	​
Expected term (in years)		6		​

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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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