Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.23.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Revenue $ 7,002 $ 5,566
Cost of revenue 8,086 6,453
Gross profit (loss) (1,084) (887)
Operating expenses    
Research and development 10,346 10,097
General and administrative expenses 10,224 6,982
Total operating expenses 20,570 17,079
Loss from operations (21,654) (17,966)
Other (expense) income    
Interest (expense) income (485) (743)
Other (expense) income (3) (14)
Change in fair value of contingent consideration (446)
Change in fair value of derivative liabilities 2,014 21
Total other (expense) income 1,526 (1,182)
Net loss before income taxes (20,128) (19,148)
Income Taxes 1 (57)
Net Loss $ (20,129) $ (19,091)
Net loss per common share - basic (in Dollars per share) $ (0.28) $ (0.33)
Weighted average common shares outstanding - basic (in Shares) 72,306,689 57,154,393