Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v3.22.2.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (18,208) $ (13,882)
Adjustments to reconcile net loss to net cash from operating activities:    
Depreciation and amortization 167 231
Amortization of right-of-use assets 225 193
Unrealized (gain) loss on investment 10 (16)
Share-based compensation expense 870 634
Changes in operating assets and liabilities:    
Trade and other receivables 1 28
Prepaid and other assets 62 (4)
Trade and other payables 1,090 55
Accrued employee benefit payable 80 121
Lease liability (196) (192)
Net cash used in operating activities (15,899) (12,832)
Cash flows from investing activities:    
Purchases of property and equipment (13) (221)
Net cash used in investing activities (13) (221)
Cash flows from financing activities:    
Proceeds from issues of shares and pre-funded warrants   25,750
Share issue transaction costs   (3,228)
Net cash provided by financing activities   22,522
Effect of exchange rate changes on cash, cash equivalents, and restricted cash 204 499
Net increase (decrease) in cash, cash equivalents, and restricted cash (15,708) 9,968
Cash, cash equivalents, and restricted cash at beginning of year 19,784 9,816
Cash, cash equivalents, and restricted cash at end of year 4,076 19,784
Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets:    
Cash and cash equivalents 4,062 19,769
Restricted Cash 14 15
Total cash, cash equivalents, and restricted cash 4,076 19,784
Supplemental disclosure of cash flow information:    
Re-measurement of operating lease right-of-use assets and liabilities $ 794 $ 0