Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.23.1
Share-Based Compensation (Tables)
9 Months Ended
Mar. 31, 2023
Share-Based Compensation [Member]  
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 condensed consolidated statements of operations (in thousands):

    

Three Months Ended

March 31, 

    

2023

    

2022

Research and development

$

40

$

101

General and administrative

 

345

 

1,112

Total

$

385

$

1,213

    

Nine Months Ended

March 31, 

    

2023

    

2022

Research and development

$

96

$

132

General and administrative

 

2,330

 

2,761

Total

$

2,426

$

2,893

Schedule of Fair value of options granted using the Black-Scholes option pricing model

The Company estimated the fair value of options granted using the Black-Scholes option pricing model with the following assumptions:

    

Weighted average risk-free interest rate

3.21% - 3.61

%  

Dividend yield

 

0

%  

Volatility

 

115.52 - 116.93

%  

Expected term (in years)

 

7