Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.22.2.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]    
Revenue $ 15,350 $ 6,618
Cost of revenue 19,487 10,651
Gross profit (4,137) (4,033)
Operating expenses    
Research and development 35,708 24,076
General and administrative expenses 20,710 13,285
Total operating expenses 56,418 37,361
Loss from operations (60,555) (41,394)
Other (expense) income    
Interest (expense) income (77) (5,130)
Change in fair value of contingent liability (347)
Gain on extinguishment of debt 1,624
Change in fair value of derivative liabilities (48) 744
Total Other (expense) income (472) (2,762)
Net loss before income taxes (61,027) (44,156)
Income taxes (1,833)
Net loss (59,194) (44,156)
Net (income) loss attributable to noncontrolling interest 167
Net Loss attributable to common stockholders $ (59,027) $ (44,156)
Net loss per common share - basic and diluted (in Dollars per share) $ (1.09) $ (1.02)
Weighted average common shares outstanding - basic and diluted (in Shares) 54,021,205 43,426,602