Quarterly report pursuant to Section 13 or 15(d)

Share-Based Compensation (Tables)

v3.24.1.1.u2
Share-Based Compensation (Tables)
9 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
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 and comprehensive loss (in thousands):

    

Three Months Ended

March 31, 

    

2024

    

2023

Research and development

$

33

$

40

General and administrative

 

421

 

345

Total

$

454

$

385

    

Nine Months Ended

March 31, 

    

2024

    

2023

Research and development

$

229

$

96

General and administrative

 

1,441

 

2,330

Total

$

1,670

$

2,426

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

4.52

%  

Dividend yield

 

0

%  

Volatility

 

157.77

%  

Expected term (in years)

 

4.2