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Stock-Based Compensation (Tables)
9 Months Ended
Mar. 31, 2024
Stock-Based Compensation [Abstract]  
Schedule Of Range Of Assumptions Used To Value Stock Options Granted
 
 
 
 
 
 
 
 
 
 
 
Nine months ended
March 31,
2024
2023
Expected volatility
 
56
%
0
%
Expected dividends
 
0
%
0
%
Expected life (in years)
 
5
0
Risk-free rate
 
2.1
%
0.0
%
Summarized Stock Option Activity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of
shares
Weighted
average
exercise
price
($)
Weighted
average
remaining
contractual
term
(in years)
Aggregate
intrinsic
value
($'000)
Weighted
average
grant date
fair value
($)
Outstanding - June 30, 2023
673,274
4.37
5.14
239
1.67
Granted - December 2023
500,000
3.50
5.17
880
1.76
Exercised
(23,217)
1.20
-
14
-
Forfeited
(195,739)
3.93
-
-
1.39
Outstanding - March 31, 2024
954,318
4.03
5.24
45
1.78
Outstanding - June 30, 2022
926,225
4.14
6.60
1,249
1.60
Exercised
(147,326)
3.04
-
190
-
Forfeited
(66,959)
3.66
-
-
-
Outstanding - March 31, 2023
711,940
4.41
5.42
670
1.64
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of
shares
Weighted
average
exercise
price
($)
Weighted
average
remaining
contractual
term
(in years)
Aggregate
intrinsic
value
($’000)
Vested
 
and expecting to vest - March 31, 2024
954,318
4.03
5.24
45
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of
shares
Weighted
average
exercise
price
($)
Weighted
average
remaining
contractual
term
(in years)
Aggregate
intrinsic
value
($’000)
Exercisable - March 31, 2024
425,746
4.60
5.69
45
Restricted Stock Activity
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Number of
shares of
restricted stock
Weighted
average grant
date fair value
($’000)
Non-vested – June 30, 2023
2,614,419
11,869
Total granted
934,521
3,622
Granted – October 2023
333,080
1,456
Granted – October 2023, with performance conditions
310,916
955
Granted – October 2023
225,000
983
Granted – January 2024
56,330
197
Granted – February 2024
9,195
31
Total vested
(339,803)
1,274
Vested
 
– July 2023
(78,800)
302
Vested
 
– November 2023
(109,833)
429
Vested
 
– December 2023
(67,073)
234
Vested
 
– February 2024
(14,811)
53
Vested
 
– March 2024
(69,286)
256
Forfeitures
(77,668)
278
Non-vested – March 31, 2024
3,131,469
13,434
Non-vested – June 30, 2022
2,385,267
11,879
Total Granted
1,062,153
4,287
Granted – July 2022
32,582
172
Granted – August 2022
179,498
995
Granted – November 2022
150,000
605
Granted – December 2022
430,399
1,862
Granted – December 2022, with performance awards
257,868
596
Granted – January 2023
11,806
57
Total vested
(234,159)
1,098
Vested
 
– July 2022
(78,801)
410
Vested
 
– November 2022
(59,833)
250
Vested
 
– December 2022
(7,060)
29
Vested
 
– February 2023
(19,179)
83
Vested
 
– March 2023
(69,286)
326
Total granted and vested
 
- December 2022
-
-
Granted - December 2022
300,000
1,365
Vested
 
- December 2022
(300,000)
1,365
Forfeitures
(18,798)
9,235
Non-vested – March 31, 2023
3,194,463
14,822
Recorded Net Stock Compensation Charge
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
charge
 
Allocated to cost
of goods sold, IT
processing,
servicing and
support
Allocated to
selling, general
and
administration
Three months ended March 31, 2024
Stock-based compensation charge
 
$
2,202
$
-
$
2,202
Reversal of stock compensation charge related to stock
options and restricted stock forfeited
(112)
-
(112)
Total - three months
 
ended March 31, 2024
$
2,090
$
-
$
2,090
Three months ended March 31, 2023
Stock-based compensation charge
 
$
1,667
$
-
$
1,667
Reversal of stock compensation charge related to stock
options and restricted stock forfeited
(23)
-
(23)
Total - three months
 
ended March 31, 2023
$
1,644
$
-
$
1,644
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
a
Total
 
charge
 
Allocated to cost
of goods sold, IT
processing,
servicing and
support
Allocated to
selling, general
and
administration
Nine months ended March 31, 2024
Stock-based compensation charge
 
$
5,782
$
-
$
5,782
Reversal of stock compensation charge related to stock
options forfeited
(129)
-
(129)
Total - nine months
 
ended March 31, 2024
$
5,653
$
-
$
5,653
Nine months ended March 31, 2023
Stock-based compensation charge
 
$
5,978
$
-
$
5,978
Reversal of stock compensation charge related to stock
options and restricted stock forfeited
(23)
-
(23)
Total - nine months
 
ended March 31, 2023
$
5,955
$
-
$
5,955