| Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs |
The following table summarizes the components of share-based compensation expense in the Consolidated Statements of Operations (in thousands):
|
|
|
|
|
|
|
|
|
Year Ended |
|
|
June 30, |
|
|
2022 |
|
2021 |
Research and development |
|
$ |
573 |
|
$ |
185 |
General and administrative |
|
|
3,804 |
|
|
1,401 |
Total |
|
$ |
4,377 |
|
$ |
1,586 |
|
| Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block] |
The following table summarizes all stock option activity during the years ended June 30, 2022 and 2021:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
|
Weighted- |
|
average |
|
|
|
|
|
|
|
average |
|
Remaining |
|
Aggregate |
|
|
Stock |
|
Exercise |
|
Contractual |
|
Intrinsic Value |
|
|
Options |
|
Price |
|
Term (in years) |
|
(in thousands) |
Outstanding as of July 1, 2020 |
|
139,031 |
|
$ |
29.50 |
|
8.2 |
|
$ |
4,042 |
Granted |
|
209,600 |
|
|
36.00 |
|
— |
|
|
— |
Exercised |
|
(2,147) |
|
|
25.50 |
|
— |
|
|
— |
Forfeited/expired |
|
(4,798) |
|
|
61.25 |
|
— |
|
|
— |
Outstanding as of June 30, 2021 |
|
341,686 |
|
$ |
32.75 |
|
8.8 |
|
$ |
1,995 |
As of June 30, 2020, vested and expected to vest |
|
340,814 |
|
$ |
32.75 |
|
8.3 |
|
$ |
1,988 |
|
|
|
|
|
|
|
|
|
|
|
Exercisable as of June 30, 2021 |
|
77,338 |
|
$ |
27.75 |
|
6.4 |
|
$ |
890 |
|
|
|
|
|
|
|
|
|
|
|
Outstanding as of June 30, 2021 |
|
341,686 |
|
$ |
32.75 |
|
8.8 |
|
$ |
1,995 |
Granted |
|
313,568 |
|
|
27.50 |
|
— |
|
|
— |
Exercised |
|
(3,380) |
|
|
22.75 |
|
— |
|
|
— |
Forfeited/expired |
|
(30,068) |
|
|
35.00 |
|
— |
|
|
— |
Outstanding as of June 30, 2022 |
|
621,806 |
|
$ |
30.00 |
|
8.3 |
|
$ |
— |
As of June 30, 2021, vested and expected to vest |
|
197,404 |
|
$ |
30.00 |
|
8.3 |
|
$ |
— |
|
|
|
|
|
|
|
|
|
|
|
Exercisable as of June 30, 2022 |
|
620,810 |
|
$ |
29.25 |
|
6.7 |
|
$ |
— |
|
| Schedule of Stock options outstanding and exercisable |
The following table summarizes information about options outstanding and exercisable at June 30, 2022:
|
|
|
|
|
|
|
|
|
|
|
|
Options Outstanding and Exercisable |
|
|
|
|
Weighted- |
|
Weighted- |
|
|
|
|
|
|
Average |
|
Average |
|
|
|
|
Number |
|
Remaining Life |
|
Exercise |
|
Number |
|
|
Outstanding |
|
In Years |
|
Price |
|
Exercisable |
Exercise prices: |
|
|
|
|
|
|
|
|
|
$8.50 - $13.00 |
|
25,200 |
|
9.7 |
|
$ |
9.75 |
|
500 |
$17.25 - $26.00 |
|
112,662 |
|
6.4 |
|
|
21.00 |
|
85,152 |
$26.50 - $39.75 |
|
463,791 |
|
8.6 |
|
|
32.50 |
|
101,932 |
$41.25 - $62.00 |
|
20,000 |
|
8.3 |
|
|
47.25 |
|
9,667 |
$63.25 - $95.00 |
|
20 |
|
5.9 |
|
|
63.25 |
|
20 |
$182.50 - $273.75 |
|
133 |
|
0.4 |
|
|
182.50 |
|
133 |
|
|
|
|
|
|
|
|
|
|
|
|
621,806 |
|
8.3 |
|
$ |
28.31 |
|
197,404 |
|