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Consolidated Statements of Cash Flows (unaudited) - USD ($)
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (13,050,033) $ (5,547,962)
Adjustments to reconcile net loss to net cash    
Depreciation and amortization 172,060 129,403
Decrease in right-of-use asset 174,098 184,736
Unrealized foreign currency transaction gain 146,947 274,855
Stock-based compensation 940,307 1,055,581
Change in fair value of liability classified warrants 7,391,591 (5,247,308)
Gain on sale of Vyleesi (7,823,482) 0
Gain on purchase commitment 0 (1,027,322)
Changes in operating assets and liabilities:    
Accounts receivable 569,597 (26,970)
Other receivables 0 (4,674,999)
Prepaid expenses and other assets 1,047,164 (194,776)
Inventories (1,154,355) 185,203
Accounts payable (2,710,051) (2,373,682)
Accrued expenses (896,812) (809,395)
Operating lease liabilities (176,913) (184,629)
Other liabilities (1,012,197) 0
Net cash used in operating activities (16,382,079) (18,257,265)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Maturity of marketable securities 2,992,890 0
Proceeds from sale of Vyleesi 9,500,000 0
Purchases of property and equipment (37,615) (264,656)
Net cash provided by (used in) investing activities 12,455,275 (264,656)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payment of withholding taxes related to restricted stock units (56,401) (146,062)
Proceeds from the sale of common stock and warrants, 5,531,266 9,961,462
Payment of finance lease obligations (52,494) (49,794)
Proceeds from exercise of warrants 103 0
Net cash provided by financing activities 5,422,474 9,765,606
NET DECREASE IN CASH AND CASH EQUIVALENTS 1,495,670 (8,756,315)
CASH AND CASH EQUIVALENTS, beginning of period 7,989,582 29,939,154
CASH AND CASH EQUIVALENTS, end of period 9,485,252 21,182,839
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 12,487 15,089
Conversion of liability classified warrants upon warrant exercise $ 2,389,903 $ 0