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Accounts Receivable and Significant Client | 9 Months Ended
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Mar. 31, 2025
Receivables [Abstract] |
Accounts Receivable and Significant Client | ACCOUNTS RECEIVABLE AND SIGNIFICANT CLIENT Accounts receivable, net in the accompanying consolidated balance sheets, consists of the following:
| March 31, |  | June 30,
($000s) | 2025 |  | 2024
Accounts receivable | $ | 120,222 |  |  | $ | 98,438 |
Less: Allowance for credit losses | (187) |  |  | (72) |
Accounts receivable, net | $ | 120,035 |  |  | $ | 98,366 |
The Company will write-off accounts receivable against the allowance when it determines a balance is uncollectible. Activity in the Company’s allowance for credit losses consists of the following:
| Three Months Ended March 31, | Nine Months Ended March 31,
($000s) | 2025 |  | 2024 |  | 2025 |  | 2024
Beginning balance | $ | 348 |  |  | $ | 117 |  |  | $ | 72 |  |  | $ | 120 |
Provision for credit losses | 105 |  |  | 69 |  |  | 449 |  |  | 93 |
Reversal of provision for credit losses | — |  |  | (13) |  |  | (21) |  |  | (31) |
Uncollectible receivables written off | (266) |  |  | (67) |  |  | (313) |  |  | (78) |
Effect of foreign exchange | — |  |  | 1 |  |  | — |  |  | 3 |
Ending balance | $ | 187 |  |  | $ | 107 |  |  | $ | 187 |  |  | $ | 107 |
Significant Client During the nine months ended March 31, 2025 and 2024, the Company had one client that contributed approximately 11% and 13% of total revenue, respectively. To limit the Company’s credit risk with its clients, management regularly monitors the aging of customer receivables, maintains allowances for credit losses and may require prepayment for services from certain clients. Based on currently available information, management does not believe significant credit risk exists as of March 31, 2025.

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- Definition The entire disclosure for accounts receivable, contract receivable, receivable held-for-sale, and nontrade receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/326/tableOfContent + Details
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- References No definition available. + Details
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