Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.23.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenue $ 27,121 $ 15,350
Cost of revenue 30,237 19,487
Gross profit (3,116) (4,137)
Operating expenses    
Research and development 33,243 35,708
General and administrative expenses 29,710 20,710
Total operating expenses 62,953 56,418
Loss from operations (66,069) (60,555)
Other (expense) income    
Interest (expense) income (2,322) (77)
Change in fair value of contingent liability 1,446 (347)
Other (expense) income (8)
Change in fair value of derivative liabilities 948 (48)
Total Other (expense) income 64 (472)
Net loss before income taxes (66,005) (61,027)
Income tax expense (benefit) (2,448) (1,833)
Net loss (63,557) (59,194)
Net (income) loss attributable to noncontrolling interest 167
Net Loss attributable to common stockholders $ (63,557) $ (59,027)
Net loss per common share - basic (in Dollars per share) $ (1) $ (1.09)
Weighted average common shares outstanding - basic (in Shares) 63,621,727 54,021,205