Quarterly report pursuant to Section 13 or 15(d)

Stockholders??? Equity (Tables)

v3.23.3
Stockholders’ Equity (Tables)
 3 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Schedule of Black-Scholes Option Pricing Model During the three months ended September 30, 2023, the Company granted employees options to purchase an aggregate of approximately 2 thousand shares of common stock. The fair values of the Company’s options were estimated at the dates of grant using a Black-Scholes option pricing model with the following assumptions:
    Three Months
Ended
September 30,
2023		  
Exercise price   $     0.97  
Expected term (years)     4.75  
Volatility     71 %
Risk-free interest rate     4.42 %
Dividend yield     0 %
Weighted Average Grant Date Fair Value of Options granted during the period   $ 0.59  
Schedule of Compensation Expense Related to our Stock-Based Awards Compensation expense related to our stock-based awards described above was as follows (in thousands):
    Three Months Ended
September 30,		  
    2023     2022  
Research and Development   $ 533     $ 1,168  
General and Administrative     1,288     $ 1,181  
Cost of revenue     62      
—
  
Total   $ 1,883     $ 2,349  
Schedule of Unrecognized Stock-Based Compensation Expense and Weighted-Average Years Unrecognized stock-based compensation expense and weighted-average years to be recognized are as follows (in thousands):
    As of September 30, 2023  
    Unrecognized
stock-based
compensation		     Weighted-
average years
to be recognized		  
Options   $ 1,344       1.90  
Restricted stock units   $ 9,343       2.15