Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v2.4.0.8
Share-Based Compensation (Tables)
 9 Months Ended
Mar. 31, 2014
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,
 
 
 
2014
 
2013
 
Research and development
 
$
55
 
$
75
 
General and administrative
 
 
270
 
 
264
 
Totals
 
$
325
 
$
339
 
 
 
 
Nine Months Ended
March 31,
 
 
 
2014
 
2013
 
Research and development
 
$
93
 
$
178
 
General and administrative
 
 
742
 
 
831
 
Totals
 
$
835
 
$
1,009
 
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes all stock option activity during the nine months ended March 31, 2014:
 
 
 
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
 
1,990,000
 
$
0.47
 
 
 
 
 
 
Outstanding as of March 31, 2014
 
8,750,000
 
$
1.23
 
7.3
 
$
390
 
Vested and expected to vest as of March 31, 2014
 
8,643,019
 
$
1.24
 
7.3
 
$
390
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable as of March 31, 2014
 
5,085,206
 
$
1.49
 
6.4
 
$
253