Quarterly report pursuant to Section 13 or 15(d)

Stockholders' equity (Tables)

v3.22.4
Stockholders' equity (Tables)
6 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of warrants or rights
The activity related to warrants during the six months ended December 31, 2022, is summarized as follows:
 
     Common
Stock from
Warrants
     Weighted-
average
Exercise
Price
(per
share)
 
Outstanding at July 1, 2022
     107,095      $ 10.50  
Pre-funded warrants issued September 15, 2022
     12,171,628      $ 0.0001  
Series 2 Warrants issued September 15, 2022
     29,809,471      $ 0.66  
 
 
 
 
 
 
 
 
 
Outstanding at September 30, 2022
     42,088,194      $ 0.49  
Pre-funded warrants exercised
     2,171,628      $ 0.0001  
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2022
     39,916,566      $ 0.52  
 
 
 
 
 
 
 
 
 
Exercisable at December 31, 2022
     39,916,566      $ 0.52  
 
 
 
 
 
 
 
 
 
Schedule of equity awards
The activity related to equity awards, which are comprised of stock options during the six months ended December 31, 2022 is summarized as follows:
 

 
  
Stock
Options
 
  
Weighted-
average
Exercise
Price
 
  
Weighted-
average
Remaining
Contractual
Term
 
  
Aggregate
Intrinsic
Value
 
Outstanding at June 30, 2022
     738,064      $ 6.95        7.18 years      $ —    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Expired
     5,665      $ 45.92                    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Granted
     36,000      $ 0.17        9.93 years           
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2022
     768,399      $ 6.35        6.89 years      $ 64.80  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at December 31, 2022
     456,688      $ 8.58        6.71 years      $ —    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Schedule of equity-based compensation expense
The classification of share-based compensation expense is summarized as follows:
 

 
  
Three Months Ended
 
  
Six Months Ended
 
 
  
December 31, 2022
 
(US$’000)
  
2022
 
  
2021
 
  
2022
 
  
2021
 
Research and development
   $ 30      $ 80      $ 60      $ 161  
General and administrative
     (78      159        194        349  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total share-based compensation expense
   $ (48    $ 239      $ 254      $ 510