Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.20.2
Stockholders' Equity (Tables)
12 Months Ended
Jun. 30, 2020
Disclosure Text Block Supplement [Abstract]  
Schedule of Black-Scholes option pricing model with weighted average assumptions
    June 30,
2020
    June 30,
2019
 
Exercise price     $4.71 – $8.15       $3.78 – $8.18  
Expected term (years)     4.75 – 5.00       4.00 – 7.00  
Risk-free interest rate     0.32 – 1.74%       1.89 – 2.97%  
Volatility     65 – 69%       66 – 69%  
Dividend yield     0%     0%
Weighted Average Grant Date Fair Value of Options granted during the period   $4.31     $2.88  
Schedule of option activity
    Options     Weighted-
Average
Exercise
Price
    Weighted-Average
Remaining
Contractual
Term (in years)
    Aggregate
Intrinsic
Value
 (in thousands)
 
Outstanding – June 30, 2019     2,127,317       5.57                  
Granted     332,500       7.79                  
Exercised     (38,250 )     5.50                  
Forfeited/Cancelled     (127,152 )     6.51                  
Outstanding – June 30, 2020     2,294,415       5.84       5.12       5,625  
Exercisable – June 30, 2020     1,093,040       5.24       4.78       3,339  
Schedule of unrecognized stock-based compensation expense and weighted-average years
    As of June 30, 2020  
   

Unrecognized stock-  

based
compensation

    Weighted-
average
years
to be recognized
 
Options   $ 2,143       2.06  
Restricted stock awards/units   $ 6,502       2.07  
Schedule of stock-based compensation which is reflected in total operating expenses in the consolidated statements of operations
    2020     2019  
Research and Development   $ 3,454     $ 4,182  
General and Administrative   3,280     3,058  
Total   $ 6,734     $ 7,240  
Schedule of restricted stock awards and restricted stock unit
    Number of 
RSAs/RSUs
    Weighted 
Average
Fair Value
per
Share/Unit
 
Outstanding - June 30, 2019     1,342,382     $ 6.01  
Granted     975,561       7.70  
Vested     (554,007 )     5.63  
Forfeited/Cancelled/Repurchased     (74,100 )     6.94  
Outstanding – June 30, 2020     1,689,836       7.07  
Schedule of performance awards stock outstanding
    Number of 
PBRSUs
    Weighted 
Average
Fair Value
per
Share/Unit
 
Outstanding - June 30, 2019     119,500     $ 8.30  
Granted            
Vested     (119,500 )     8.30  
Forfeited/Cancelled/Repurchased            
Outstanding – June 30, 2020