Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations and Comprehensive Loss

v3.22.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Revenue:        
Revenues from customers $ 48 $ 1 $ 73 $ 57
Total revenues 48 1 73 57
Operating expenses        
Royalties and license fees 0 7 0 122
Research and development 2,171 2,758 8,096 4,700
General and administrative 1,337 1,029 5,093 4,976
Total operating expenses 3,508 3,794 13,189 9,798
Loss from operations (3,460) (3,793) (13,116) (9,741)
Other income (loss):        
Foreign currency transaction gain (loss) 229 (112) 36 (167)
Interest expense, net (10) (2) (22) (5)
Other income (expense), net (29) 0 (29) 37
Unrealized loss on investment (5) (2) (10) (3)
Total other income (loss), net 185 (116) (25) (138)
Net loss (3,275) (3,909) (13,141) (9,879)
Other comprehensive income:        
Unrealized foreign currency translation (loss) gain (233) (24) (51) 362
Total other comprehensive (loss) income (233) (24) (51) 362
Total comprehensive loss $ (3,508) $ (3,933) $ (13,192) $ (9,517)
Net loss per share:        
Basic and diluted $ (0.40) $ (0.82) $ (1.61) $ (2.93)
Weighted average number of shares outstanding:        
Basic and diluted 8,171,690 4,747,059 8,171,690 3,375,228