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Income Taxes (Tables) | 12 Months Ended
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Jun. 30, 2022
Income Tax Disclosure [Abstract] |
Components of (Loss) Income Before Income Taxes | The components of (loss) income before income taxes were as follows (in thousands):
|  | Fiscal Year Ended June 30, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
US |  | $ | (6,022 | ) |  | $ | 29,433 |  |  | $ | 17,824 |
Foreign |  |  | 260 |  |  |  | (104 | ) |  |  | 862 |
Total |  | $ | (5,762 | ) |  | $ | 29,329 |  |  | $ | 18,686 |
Components of the (Benefit From) Provision For Income Taxes | The components of the (benefit from) provision for income taxes were as follows (in thousands):
|  | Fiscal Year Ended June 30, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | — |  |  | $ | (3 | ) |  | $ | — |
State |  |  | 176 |  |  |  | 252 |  |  |  | (3,110 | )
Foreign |  |  | 195 |  |  |  | 187 |  |  |  | 218 |
Total current provision for (benefit from) income taxes |  |  | 371 |  |  |  | 436 |  |  |  | (2,892 | )
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | (1,032 | ) |  |  | 4,732 |  |  |  | 2,504 |
State |  |  | 147 |  |  |  | 606 |  |  |  | 972 |
Foreign |  |  | — |  |  |  | — |  |  |  | — |
Total deferred (benefit from) provision for income taxes |  |  | (885 | ) |  |  | 5,338 |  |  |  | 3,476 |
Total (benefit from) provision for income taxes |  | $ | (514 | ) |  | $ | 5,774 |  |  | $ | 584 |
Reconciliation Between Statutory Federal Income Tax (Benefit) Expense and Effective Tax (Benefit) Expense | The reconciliation between the statutory federal income tax (benefit) expense and the Company’s effective tax (benefit) expense was as follows (in thousands):
|  | Fiscal Year Ended June 30, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Statutory federal tax |  | $ | (1,210 | ) |  | $ | 6,180 |  |  | $ | 3,924 |
States taxes, net of federal (benefit) expense |  |  | (314 | ) |  |  | 206 |  |  |  | (2,124 | )
Foreign rate differential |  |  | 11 |  |  |  | 59 |  |  |  | 390 |
Stock-based compensation benefit |  |  | (774 | ) |  |  | (2,744 | ) |  |  | (1,633 | )
Change in valuation allowance |  |  | (1,034 | ) |  |  | 671 |  |  |  | (444 | )
Research and development credits |  |  | (1,174 | ) |  |  | (1,131 | ) |  |  | (759 | )
Disqualified compensation expense |  |  | 1,806 |  |  |  | 2,219 |  |  |  | 993 |
Uncertain tax position |  |  | 385 |  |  |  | 349 |  |  |  | 333 |
Business divestitures |  |  | — |  |  |  | — |  |  |  | (241 | )
Expired attributes |  |  | 261 |  |  |  | — |  |  |  | — |
Foreign deferred adjustment |  |  | 1,354 |  |  |  | — |  |  |  | — |
Other |  |  | 175 |  |  |  | (35 | ) |  |  | 145 |
Effective income tax |  | $ | (514 | ) |  | $ | 5,774 |  |  | $ | 584 |
Components of Long-Term Deferred Tax Assets and Liabilities, Net | The components of the long-term deferred tax assets and liabilities, net were as follows (in thousands):
|  |  |  | June 30, |
|  |  |  | 2022 |  |  | 2021 |
Noncurrent deferred tax assets: |  |  |  |  |  |  |  |  |  |
Reserves and accruals |  |  |  | $ | 1,019 |  |  | $ | 1,608 |
Stock-based compensation expense |  |  |  |  | 3,400 |  |  |  | 3,841 |
Intangible assets |  |  |  |  | — |  |  |  | 4,444 |
Net operating loss |  |  |  |  | 34,684 |  |  |  | 30,440 |
Fixed assets |  |  |  |  | 217 |  |  |  | 135 |
Tax credits |  |  |  |  | 11,748 |  |  |  | 10,279 |
Operating lease liabilities |  |  |  |  | 1,894 |  |  |  | 3,108 |
Other |  |  |  |  | 39 |  |  |  | 38 |
Total noncurrent deferred tax assets |  |  |  |  | 53,001 |  |  |  | 53,893 |
Valuation allowance - long-term |  |  |  |  | (7,160 | ) |  |  | (8,193 | )
Noncurrent deferred tax assets, net |  |  |  |  | 45,841 |  |  |  | 45,700 |
Noncurrent deferred tax liabilities: |  |  |  |  |  |  |  |  |  |
Intangibles |  |  |  |  | (2 | ) |  |  | — |
Deferred acquisition costs |  |  |  |  | (215 | ) |  |  | — |
Operating lease right-of-use assets |  |  |  |  | (1,404 | ) |  |  | (2,364 | )
Noncurrent deferred tax liabilities |  |  |  |  | (1,621 | ) |  |  | (2,364 | )
Total deferred tax assets, net |  |  |  | $ | 44,220 |  |  | $ | 43,336 |
Reconciliation of Beginning and Ending Amounts of Unrecognized Tax Benefits | A reconciliation of the beginning and ending amounts of unrecognized tax benefits was as follows (in thousands):
|  | Fiscal Year Ended June 30, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Balance at the beginning of the year |  | $ | 4,756 |  |  | $ | 4,236 |  |  | $ | 3,727 |
Gross increases - current period tax positions |  |  | 542 |  |  |  | 535 |  |  |  | 406 |
Gross increases - prior period tax positions |  |  | — |  |  |  | — |  |  |  | 106 |
Gross decreases - prior period tax positions |  |  | — |  |  |  | (7 | ) |  |  | — |
Reductions as a result of lapsed statute of limitations |  |  | (2 | ) |  |  | (8 | ) |  |  | (3 | )
Balance at the end of the year |  | $ | 5,296 |  |  | $ | 4,756 |  |  | $ | 4,236 |

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