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Stockholders' Equity (Tables)
12 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Summary of Common Stock Warrant Activity

A summary of the common stock warrant activity for the year ended June 30, 2021 is presented below:

 

 

 

Shares

(In thousands)

 

 

Weighted

Average Exercise Price

 

 

Aggregate Fair Market Value at Issuance

(In thousands)

 

 

Weighted Average Remaining Contractual Life

(in years)

 

Outstanding at June 30, 2019

 

 

 

 

$

 

 

$

 

 

 

 

Issued

 

 

86

 

 

 

5.14

 

 

 

194

 

 

 

4.74

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Canceled or expired

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2020

 

 

86

 

 

$

5.14

 

 

$

194

 

 

 

4.74

 

Issued

 

 

2,307

 

 

 

2.40

 

 

 

3,553

 

 

 

4.47

 

Exercised

 

 

 

 

 

 

 

 

 

 

 

 

Canceled or expired

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2021

 

 

2,393

 

 

$

2.32

 

 

$

3,747

 

 

 

4.44

 

Schedule of Warrants Outstanding

The following represents a summary of the warrants outstanding at each of the dates identified:

 

 

 

 

 

 

 

 

 

 

 

Number of Shares Underlying Warrants

(In thousands)

 

 

 

 

 

 

 

 

 

 

 

For the period ended June 30,

 

Issue Date

 

Classification

 

Exercise Price

 

 

Expiration Date

 

2021

 

 

2020

 

March 26, 2020

 

Equity

 

$

6.25

 

 

March 25, 2025

 

 

25

 

 

 

25

 

March 30, 2020

 

Equity

 

$

4.6875

 

 

March 27, 2025

 

 

61

 

 

 

61

 

October 23, 2020

 

Equity

 

$

2.88

 

 

October 21, 2025

 

 

470

 

 

 

 

October 28, 2020

 

Equity

 

$

2.6875

 

 

October 28, 2025

 

 

173

 

 

 

 

February 16, 2021

 

Equity

 

$

4.06

 

 

February 11, 2026

 

 

171

 

 

 

 

April 12, 2021

 

Equity

 

$

1.875

 

 

April 7, 2026

 

 

1,493

 

 

 

 

Total Outstanding

 

 

 

 

 

 

 

 

 

 

2,393

 

 

 

86