XML 36 R25.htm IDEA: XBRL DOCUMENT v3.24.3
Balance Sheet Components (Tables)
3 Months Ended
Sep. 30, 2024
Balance Sheet Related Disclosures [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Accounts receivable, net:
 September 30,
2024
June 30,
2024
(in thousands)
Accounts receivable$66,905 $54,265 
Less: Allowance for price adjustments(42,284)(41,689)
Less: Allowance for doubtful accounts(30)(30)
Accounts receivable, net$24,591 $12,546 
Schedule of Inventory, Current
Inventories:
 September 30,
2024
June 30,
2024
(in thousands)
Raw materials$77,872 $78,064 
Work-in-process84,039 87,898 
Finished goods23,057 29,788 
 $184,968 $195,750 
Other Current Assets
Other current assets:
September 30,
2024
June 30,
2024
(in thousands)
Value-added tax receivable$369 $304 
Other prepaid expenses1,593 1,822 
Prepaid insurance4,142 4,623 
Prepaid maintenance2,113 2,195 
Prepayment to supplier1,586 1,301 
Prepaid income tax823 819 
Interest receivable399 383 
Short term deposit187 21 
Other receivables2,694 2,697 
$13,906 $14,165 
Property, Plant and Equipment
Property, plant and equipment, net:
 September 30,
2024
June 30,
2024
(in thousands)
Land$4,877 $4,877 
Building and building improvements71,605 71,266 
Manufacturing machinery and equipment425,108 423,960 
Equipment and tooling35,547 36,203 
Computer equipment and software53,638 53,081 
Office furniture and equipment3,271 3,193 
Leasehold improvements42,686 41,671 
 636,732 634,251 
Less: accumulated depreciation and amortization(332,505)(320,751)
 304,227 313,500 
Equipment and construction in progress23,385 23,119 
Property, plant and equipment, net$327,612 $336,619 
Intangible Assets Disclosure
Intangible assets, net:
September 30,
2024
June 30,
2024
(in thousands)
Patents and technology rights$18,037 $18,037 
Trade name268 268 
Customer relationships1,150 1,150 
19,455 19,455 
Less: accumulated amortization(17,020)(16,208)
2,435 3,247 
Goodwill269 269 
Intangible assets, net$2,704 $3,516 
Schedule Future Amortization Expense of Intangible Assets
Estimated future minimum amortization expense of intangible assets is as follows (in thousands):
Year ending June 30,
2025 (Remaining)$2,435 
Schedule of Other Assets, Noncurrent
Other long-term assets:
September 30,
2024
June 30,
2024
(in thousands)
Prepayments for property and equipment$432 $620 
Investment in a privately held company— 100 
Customs deposit652 652 
Deposit with supplier21,977 22,117 
Other long-term deposits29 37 
Office leases deposits1,387 1,418 
Other435 295 
 $24,912 $25,239 
Schedule of Accrued Liabilities
Accrued liabilities:
September 30,
2024
June 30,
2024
(in thousands)
Accrued compensation and benefits$20,063 $14,945 
Warranty accrual1,848 2,407 
Stock rotation accrual4,452 4,660 
Accrued professional fees2,532 3,198 
Accrued inventory910 728 
Accrued facilities related expenses2,306 2,137 
Accrued property, plant and equipment6,101 6,986 
Other accrued expenses4,406 3,822 
Customer deposits25,635 32,182 
ESPP payable3,184 1,306 
 $71,437 $72,371 
Schedule of Product Warranty Liability
The activities in the warranty accrual, included in accrued liabilities, are as follows:
Three Months Ended September 30,
20242023
(in thousands)
Beginning balance$2,407 $1,674 
Additions (359)497 
Utilization(200)(165)
Ending balance$1,848 $2,006 
Stock Rotation Accrual
The activities in the stock rotation accrual, included in accrued liabilities, are as follows:
Three Months Ended September 30,
20242023
(in thousands)
Beginning balance$4,660 $5,588 
Additions2,251 3,008 
Utilization(2,459)(3,001)
Ending balance$4,452 $5,595 
Other Long-Term Liabilities
Other long-term liabilities:
 September 30,
2024
June 30,
2024
(in thousands)
Customer deposits$14,661 $19,661 
Other long-term liabilities$14,661 $19,661