Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

v3.19.2
Stockholders' Equity (Tables)
12 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Schedule of stock-based compensation expense
Expected term (years)     5.50  
Risk-free interest rate     2.12 %
Volatility     69 %
Dividend yield     0 %
Schedule of Black-Scholes option pricing model with weighted average assumptions

    June 30,
2019
  June 30,
2018
 
Exercise price   $3.78 – $8.18   $6.24 – $7.59  
Expected term (years)   4.00 – 7.00   4.00 – 7.00  
Risk-free interest rate   1.89 – 2.97%   1.76-2.81%  
Volatility   66 – 69%   67-70%  
Dividend yield   0%   0%  
Weighted Average Grant Date Fair Value of Options granted during the period   $2.88   $3.82  
Schedule of option activity

    Options     Weighted-
Average
Exercise
Price
    Weighted-Average
Remaining
Contractual
Term (in years)
    Aggregate
Intrinsic
Value
 (in thousands)
 
Outstanding – June 30, 2018     1,338,859       6.06                  
Granted     992,455       5.04                  
Exercised     (29,250 )     6.83                  
Forfeited/Cancelled     (174,747 )     6.12                  
Outstanding – June 30, 2019     2,127,317       5.57       5.90       2,204  
Exercisable – June 30, 2019     610,359       5.17       5.53       832  
Schedule ofstock-based compensation which is reflected in total operating expenses in the consolidated statements of operations

    2019     2018  
Research and Development   $ 4,182     $ 2,424  
General and Administrative   $ 3,058     $ 3,067  
Total   $ 7,240     $ 5,491  
Schedule of restricted stock awards and restricted stock unit
    Number of 
RSAs/RSUs
    Weighted 
Average
Fair Value
per
Share/Unit
 
Outstanding - June 30, 2018     1,599,055     $ 5.73  
Granted     720,380       6.21  
Vested     (754,930 )     5.54  
Forfeited/Cancelled/Repurchased     (222,123 )     5.86  
Outstanding – June 30, 2019     1,342,382       6.01  

 

    Number of 
PBRSUs
   

Weighted 
Average
Fair Value
per

Share/Unit 

 
Outstanding - June 30, 2018     15,000     $ 6.26  
Granted     119,500       8.30  
Vested     (15,000 )     6.26  
Forfeited/Cancelled/Repurchased            
Outstanding – June 30, 2019     119,500       8.30