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SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
Mar. 31, 2024
SHAREHOLDERS' EQUITY  
Summary of changes in stockholders' equity

The following table presents changes in shareholders’ equity for the three months ended March 31, 2024 and 2023:

Accumulated

Additional

Other

Total

Common Stock

Paid-in

Comprehensive

Accumulated

Shareholders'

    

Shares

    

Amount

    

Capital

    

Loss

    

Deficit

    

Equity

Three Months Ended March 31, 2024:

Balances, December 31, 2023

 

39,625

$

40

$

381,154

$

(48)

$

(289,418)

$

91,728

Issuance of common stock upon exercise of stock options

5

10

10

Share-based compensation

1,903

1,903

Exercise of pre-funded warrants

3,502

3

(3)

Acquisition and retirement of treasury shares pursuant to Exchange Agreement

(3,000)

(3)

(5,697)

(5,700)

Net change in accumulated other comprehensive loss

(30)

(30)

Net loss

 

 

 

 

 

(17,050)

 

(17,050)

Balances, March 31, 2024

40,132

$

40

$

377,367

$

(78)

$

(306,468)

$

70,861

Three Months Ended March 31, 2023:

Balances, December 31, 2022

36,827

$

37

$

373,813

$

$

(232,585)

$

141,265

Share-based compensation

1,855

1,855

Net change in accumulated other comprehensive loss

(132)

(132)

Net loss

(15,672)

(15,672)

Balances, March 31, 2023

 

36,827

$

37

$

375,668

$

(132)

$

(248,257)

$

127,316