Consolidated Statements Of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended		139 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012
Cash flows from operating activities:
Net loss arising during the development stage	$ (7,523)	$ (6,781)	$ (85,111)
Adjustments to reconcile net loss to net cash used in operating activities:
Share-based compensation	511	484	2,791
Fair value of derivative liabilities in excess of proceeds		508	508
Gain on adjustment to fair value of derivatives	(1,139)	(49)	(1,188)
Financing costs	406		406
Depreciation	13	13	26
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	126	(170)	(146)
Accounts payable	266	(201)	594
Accrued liabilities	259	(4)	1,180
Amounts due to related party		(301)
Net cash used in operating activities	(7,081)	(6,501)	(80,940)
Cash flows from investing activities:
Purchases of property and equipment		(48)	(51)
Net cash used in investing activities		(48)	(51)
Cash flows from financing activities:
Net proceeds from issuance of common stock	9,831	711	86,934
Net proceeds from issuance of preferred stock		665	665
Financing costs	(406)		(406)
Net cash provided by financing activities	9,425	1,376	87,193
Net increase/(decrease) in cash and cash equivalents	2,344	(5,173)	6,202
Cash and cash equivalents at beginning of the period	3,858	9,031
Cash and cash equivalents at end of the period	6,202	3,858	6,202
Supplemental cash flow information:
Income taxes paid	$ (1)	$ (1)	$ (10)