Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Jun. 30, 2022
Summary of Significant Accounting Policies [Abstract]  
Schedule of Revenue recognition

The following table summarizes revenue by type (in thousands):

    

June 30, 

2022

2021

License revenue

$

1,800

$

CDMO services

 

583

 

2,371

Total revenue

$

2,383

$

2,371

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 consolidated statement of cash flows (in thousands):

June 30, 

June 30,

2022

2021

Cash and equivalents

$

22,676

$

77,404

Collateral held for letter of credit - term note payable

5,743

Collateral held for letter of credit - San Diego lease

198

Collateral held for Company purchasing card

55

Total cash, cash equivalents and restricted cash

$

28,672

$

77,404

Schedule of inventory

June 30, 

June 30,

2022

2021

Raw materials

$

3,896

$

Work in process

4

27

$

3,900

$

27