Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Jun. 30, 2023
Current assets:
Cash at bank	$ 50,866	$ 2,477
Restricted cash	63	13
Trade and other receivables	229	55
Prepaid and other assets	516	1,184
Total current assets	51,674	3,729
Property and equipment, net	179	87
Deposits	25	25
Prepaid and other assets	62	97
Right-of-use assets	270	526
Total assets	52,210	4,464
Current liabilities:
Trade and other payables	4,165	3,231
Accrued employee benefits	475	472
Lease liabilities, current portion	284	275
Total current liabilities	4,924	3,978
Non-current accrued employee benefits	38
Lease liabilities, less current portion	0	284
Total liabilities	4,962	4,262
Commitments and contingencies (Note 11)
Stockholders' equity:
Common stock, $0.0001 par value—160,000,000 shares authorized; 10,086,119 and 1,671,485 shares issued and outstanding at June 30, 2024 and 2023, respectively	1	0
Additional paid-in capital	238,398	168,921
Accumulated deficit	(190,259)	(167,889)
Accumulated other comprehensive loss	(892)	(830)
Total stockholders' equity	47,248	202
Total liabilities and stockholders' equity	$ 52,210	$ 4,464