v3.24.3

Discontinued Operations - Reconciliation of Loss from Discontinued Operations (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Jun. 30, 2024 | Jun. 30, 2023
Results of operations for discontinued operations |  |
Research and development | $ 5,185 | $ 10,327
Fixed asset impairments | 3,100 | 17,900
Inventory reserve |  | 4,915
Gain on extinguishment of debt | 808 |
Loss from discontinued operations | (9,464) | (35,699)
iBio CDMO, LLC | Discontinued Operations |  |
Results of operations for discontinued operations |  |
Revenues |  | 391
Cost of goods sold |  | 52
Gross profit |  | 339
Research and development |  | 6,344
General and administrative | 1,207 | 6,751
Fixed asset impairments | 3,100 | 17,900
Loss (gain) on sale of fixed assets | 4,816 | (773)
Inventory reserve |  | 4,915
Total operating expenses | 9,123 | 35,137
Interest expense - term note payable | (1,149) | (900)
Gain on extinguishment of debt | 808 |
Other |  | (1)
Total other expenses | (341) | (901)
Loss from discontinued operations | $ (9,464) | $ (35,699)

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