Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.19.1
Share-Based Compensation (Tables)
9 Months Ended
Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
The following table summarizes the components of share-based compensation expense in the condensed consolidated statements of operations (in thousands):
 
 
 
Three Months Ended

March 31,
 
 
 
2019
 
 
2018
 
Research and development
 
$
6
 
 
$
12
 
General and administrative
 
 
43
 
 
 
171
 
Total
 
$
49
 
 
$
183
 
  
 
 
Nine Months Ended

March 31,
 
 
 
2019
 
 
2018
 
Research and development
 
$
22
 
 
$
36
 
General and administrative
 
 
160
 
 
 
541
 
Total
 
$
182
 
 
$
577
 
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes all stock option activity during Fiscal 2019:
 
 
 
Stock

Options
 
 
Weighted-

average

Exercise

Price
 
 
Weighted-

average

Remaining

Contractual

Term (in years)
 
 
Aggregate

Intrinsic Value

(in thousands)
 
Outstanding as of July 1, 2018
 
 
1,364,583
 
 
$
12.01
 
 
 
4.9
 
 
$
-
 
Issued under Option Exchange
 
 
874,310
 
 
 
0.93
 
 
 
 
 
 
 
 
 
Forfeited/expired/exchanged
 
 
(1,292,374
)
 
 
12.08
 
 
 
 
 
 
 
 
 
Outstanding as of March 31, 2019
 
 
946,519
 
 
$
1.68
 
 
 
4.8
 
 
$
-
 
Vested and, as of March 31, 2019, expected to vest
 
 
937,559
 
 
$
11.12
 
 
 
3.7
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable as of March 31, 2019
 
 
68,747
 
 
$
11.12
 
 
 
3.7
 
 
$
-
 
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following table summarizes information about options outstanding and exercisable at March 31, 2019:
 
 
 
Options Outstanding and Exercisable
 
 
 
Number

Outstanding
 
 
Weighted-

Average

Remaining Life

In Years
 
 
Weighted-

Average

Exercise

Price
 
 
Number

Exercisable
 
Exercise prices:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$0.93 - $2.03
 
 
874,435
 
 
 
4.9
 
 
$
0.93
 
 
 
166
 
$2.53 - $4.40
 
 
12,750
 
 
 
5.4
 
 
 
3.91
 
 
 
10,914
 
$5.80 - $8.70
 
 
33,334
 
 
 
4.8
 
 
 
6.82
 
 
 
31,667
 
$9.30 - $26.90
 
 
22,000
 
 
 
2.0
 
 
 
17.63
 
 
 
22,000
 
$26.90 - $28.90
 
 
4,000
 
 
 
2.2
 
 
 
28.90
 
 
 
4,000
 
 
 
 
946,519
 
 
 
4.8
 
 
$
1.68
 
 
 
68,747