Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.20.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]    
Revenue $ 1,790 $ 1,443
Cost of revenue 2,414 1,013
Gross profit (624) 430
Operating expenses    
Research and development 20,523 19,075
General and administrative expenses 10,891 8,922
Total operating expenses 31,414 27,997
Loss from operations (32,038) (27,567)
Other (expense) income    
Interest (expense) income (4,573) (2,886)
Rental income 181 270
Change in fair value of contingent real estate liability 445 785
Change in fair value of derivative liabilities (155) 150
Total Other (expense) income (4,102) (1,681)
Net loss $ (36,140) $ (29,248)
Net loss per common share - basic and diluted (in Dollars per share) $ (1.07) $ (1.06)
Weighted average common shares outstanding - basic and diluted (in Shares) 33,698,502 27,512,426