Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.24.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 11,038,000 $ 14,210,000
Promissory note receivable and accrued interest   713,000
Prepaid expenses and other current assets 667,000 749,000
Total Current Assets 11,705,000 15,672,000
Restricted cash 223,000 215,000
Promissory note receivable 1,101,000 1,081,000
Finance lease right-of-use assets, net of accumulated amortization 271,000 339,000
Operating lease right-of-use asset 2,317,000 2,401,000
Fixed assets, net of accumulated depreciation 3,511,000 3,632,000
Intangible assets, net of accumulated amortization 5,363,000 5,368,000
Security deposits 26,000 26,000
Total Assets 24,517,000 28,734,000
Current liabilities:    
Accounts payable 855,000 358,000
Accrued expenses 1,077,000 2,028,000
Finance lease obligations - current portion 279,000 299,000
Operating lease obligation - current portion 449,000 436,000
Equipment financing payable - current portion 182,000 178,000
Term promissory note - current portion 227,000 218,000
Insurance premium financing payable   123,000
Contract liabilities 400,000 200,000
Total Current Liabilities 3,469,000 3,840,000
Finance lease obligations - net of current portion   53,000
Operating lease obligation - net of current portion 2,572,000 2,688,000
Equipment financing payable - net of current portion 16,000 63,000
Term promissory note - net of current portion 706,000 766,000
Total Liabilities 6,763,000 7,410,000
Stockholders' Equity    
Common Stock - $0.001 par value; 275,000,000 shares authorized at September 30, 2024 and June 30, 2024; 8,637,895 and 8,623,676 shares issued and outstanding as of September 30, 2024 and June 30, 20243, respectively 9,000 9,000
Additional paid-in capital 335,581,000 335,162,000
Accumulated deficit (317,836,000) (313,847,000)
Total Stockholders' Equity 17,754,000 21,324,000
Total Liabilities and Stockholders' Equity $ 24,517,000 $ 28,734,000