Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.19.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]    
Revenue $ 1,443 $ 1,208
Cost of revenue 1,013 1,020
Gross profit 430 188
Operating expenses    
Research and development 19,246 13,267
General and administrative expenses 8,701 8,804
Loss on disposal of fixed assets 50 45
Impairment of assets held for sale 350
Total operating expenses 27,997 22,466
Loss from operations (27,567) (22,278)
Other (expense) income    
Interest (expense) income (2,886) (329)
Rental income 270 313
Change in fair value of contingent real estate liability 785 501
Change in fair value of derivative liabilities 150 54
Total Other (expense) income (1,681) 539
Net loss $ (29,248) $ (21,739)
Net loss per common share - basic and diluted $ (1.06) $ (1.04)
Weighted average common shares outstanding - basic and diluted 27,512,426 20,928,235