SUPPLEMENTAL FINANCIAL INFORMATION (Tables)

12 Months Ended

Jun. 30, 2023

SUPPLEMENTAL FINANCIAL INFORMATION

Schedule of cash and cash equivalents

Cash and cash equivalents consist of the following as of June 30, 2023 and 2022 (in thousands):

	2023		2022
Demand deposits at a single financial institution	$	6,091	$	150,410
Money market funds		5,464		—
Commercial paper		4,481		—
Total	$	16,036	$	150,410

Summary of property and equipment

Property and equipment consisted of the following as of June 30, 2023 and 2022 (in thousands):

	2023		2022
Office furniture and equipment	$	210	$	56
Less accumulated depreciation		(71)		(40)
Total	$	139	$	16