XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 7,426 $ 13,309
Short term investments 74,864 89,434
Total cash, cash equivalents and short-term investments 82,290 102,743
Prepaid expenses and other current assets 3,153 1,586
Total current assets 85,443 104,329
Intangible assets, net 270 296
Property and equipment, net 213 32
Total assets 85,926 104,657
Current liabilities:    
Accounts payable 1,969 3,643
Accrued liabilities 5,685 3,454
Deferred revenue 4,197 788
Total current liabilities 11,851 7,885
Deferred revenue, long-term 4,222 0
Warrant liability 31,971 46,313
Total liabilities 48,044 54,198
Commitments and contingencies (Note 6)
Stockholders' equity:    
Preferred stock, $0.01 par value; 100 shares authorized; none outstanding
Common stock, $0.00000002 par value; 226,000 shares authorized; 71,281 and 70,406 shares issued and outstanding at March 31, 2019 and June 30, 2018, respectively 0 0
Additional paid-in-capital 272,153 264,858
Accumulated deficit (234,271) (214,399)
Total stockholders' equity 37,882 50,459
Total liabilities and stockholders' equity $ 85,926 $ 104,657