Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.1
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Mar. 31, 2022
Summary of Significant Accounting Policies [Abstract]  
Schedule of of total cash, cash equivalents and restricted cash

The following table summarizes the components of total cash, cash equivalents and restricted cash in the condensed consolidated statements of cash flows (in thousands):

March 31, 

June 30,

2022

2021

Cash and equivalents

$

33,767

$

77,404

Collateral held for letter of credit - term note payable

5,743

Collateral held for letter of credit - San Diego lease

198

Total cash, cash equivalents and restricted cash

$

39,708

$

77,404

Schedule of inventory

Inventory is stated at the lower of cost or net realizable value on the first-in, first-out basis.  Inventory consists of the following (table in thousands):

March 31, 

June 30,

2022

2021

Raw materials

$

3,283

$

Work in process

27

$

3,283

$

27