Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v2.4.0.8
Share-Based Compensation (Tables)
 6 Months Ended
Dec. 31, 2013
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
December 31,
 
 
 
2013
 
2012
 
Research and development
 
$
20
 
$
(28)
 
General and administrative
 
 
255
 
 
245
 
Totals
 
$
275
 
$
217
 
 
 
 
Six Months Ended
December 31,
 
 
 
2013
 
2012
 
Research and development
 
$
38
 
$
103
 
General and administrative
 
 
472
 
 
567
 
Totals
 
$
510
 
$
670
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes all stock option activity during the six months ended December 31, 2013:
 
 
 
Stock
Options
 
Weighted-
average
Exercise
Price
 
Weighted-
average
Remaining
Contractual
Term (in years)
 
Aggregate
Intrinsic Value
(in thousands)
 
Outstanding as of June 30, 2013
 
 
6,760,000
 
$
1.45
 
 
7.5
 
$
161
 
Granted after June 30, 2013
 
 
1,890,000
 
$
0.46
 
 
 
 
 
 
 
Outstanding as of December 31, 2013
 
 
8,650,000
 
$
1.23
 
 
7.6
 
$
90
 
Vested and expected to vest
    as of December 31, 2013
 
 
8,555,936
 
$
1.24
 
 
7.5
 
$
90
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable as of December 31, 2013
 
 
4,912,539
 
$
1.51
 
 
6.6
 
$
90