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Summary of Business and Significant Accounting Policies (Tables) | 9 Months Ended
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Mar. 31, 2020
Summary of Business and Significant Accounting Policies |
Schedule of Financial Impact on Adoption of ASC 842 |
|  | Balance at June 30, 2019 |  | Adjustments due to ASC 842 |  | Balance at July 1, 2019
Balance sheet captions: |  |  |  |  |  |  |  |  |
Prepaid expenses |  |  | 2,517 |  |  | (114) | 1 |  | 2,403
Total current assets |  |  | 56,589 |  |  | (114) | 1 |  | 56,475
Operating lease right-of-use assets (Note 6) |  |  | — |  |  | 4,494 | 1,2,3 |  | 4,494
Total assets |  |  | 73,754 |  |  | 4,380 | 1,2,3 |  | 78,134
Accrued liabilities |  |  | 2,353 |  |  | (143) | 3 |  | 2,210
Operating lease liabilities (Note 6) |  |  | — |  |  | 1,653 | 4 |  | 1,653
Total current liabilities |  |  | 42,694 |  |  | 1,510 | 3, 4 |  | 44,204
Operating lease liabilities, net of current portion (Note 6) |  |  | — |  |  | 3,104 | 4 |  | 3,104
Other long-term liabilities |  |  | 952 |  |  | (234) | 4 |  | 718
Total liabilities |  |  | 49,447 |  |  | 4,380 | 3,4 |  | 53,827
Total liabilities and stockholders' equity |  |  | 73,754 |  |  | 4,380 | 3,4 |  | 78,134
| 1. |  | Represents prepaid rent reclassified to operating lease right-of-use assets.
| 2. |  | Represents capitalization of operating lease right-of-use assets.
| 3. |  | Represents reclassification of deferred rent reclassified to operating lease right-of-use assets.
| 4. |  | Represents recognition of operating lease liabilities.
Schedule of Revenue and Income from Operations by Geographic Area | Revenue by geography is generally determined on the region of our contracting entity rather than the region of our customer. Information relating to our geographic areas for the three and nine months ended March 31, 2020 and 2019 is as follows (in thousands):
|  | Three Months Ended |  | Nine Months Ended
|  | March 31, |  | March 31,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 11,485 |  | $ | 9,669 |  | $ | 32,049 |  | $ | 28,209
Europe, Middle East, & Africa |  |  | 6,869 |  |  | 7,335 |  |  | 21,650 |  |  | 22,199
Total revenue |  | $ | 18,354 |  | $ | 17,004 |  | $ | 53,699 |  | $ | 50,408
Income from operations: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 167 |  | $ | 1,270 |  | $ | (468) |  | $ | 2,219
Europe, Middle East, & Africa |  |  | 2,952 |  |  | 1,740 |  |  | 9,436 |  |  | 6,101
Asia Pacific |  |  | (1,362) |  |  | (1,221) |  |  | (4,115) |  |  | (3,648)
Income from operations |  | $ | 1,757 |  | $ | 1,789 |  | $ | 4,853 |  | $ | 4,672
Schedule of Long-lived Assets by Geographic Location | In addition, long-lived assets, which consist primarily of property and equipment and operating lease right-of-use assets, corresponding to our geographic areas are as follows (in thousands):
|  | March 31, |  | June 30,
|  | 2020 |  | 2019
Long-lived Assets: |  |  |  |  |  |
North America |  | $ | 2,611 |  | $ | 206
Europe, Middle East, & Africa |  |  | 756 |  |  | 112
Asia Pacific |  |  | 625 |  |  | 207
Long-lived Assets |  | $ | 3,992 |  | $ | 525
Summary of Stock-based Compensation Included in Costs and Expenses | Below is a summary of stock-based compensation included in the costs and expenses (in thousands):
|  | Three Months Ended |  | Nine Months Ended
|  | March 31, |  | March 31,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
Stock-Based Compensation Expense: |  |  |  |  |  |  |  |  |  |  |  |
Cost of revenue |  | $ | 62 |  | $ | 97 |  | $ | 148 |  | $ | 241
Research and development |  |  | 171 |  |  | 163 |  |  | 549 |  |  | 387
Sales and marketing |  |  | 144 |  |  | 81 |  |  | 422 |  |  | 181
General and administrative |  |  | 83 |  |  | 158 |  |  | 274 |  |  | 388
Total stock-based compensation expense |  | $ | 460 |  | $ | 499 |  | $ | 1,393 |  | $ | 1,197
Summary of Stock Option Assumptions |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2020 |  | 2019 |  |  | 2020 |  | 2019 |
Expected volatility |  | 71 | % | 71 | % |  | 70 | % | 67 | %
Average risk-free interest rate |  | 1.16 | % | 2.47 | % |  | 1.55 | % | 2.81 | %
Expected life (in years) |  | 4.34 |  | 4.43 |  |  | 4.33 |  | 4.35 |
Dividend yield |  | — |  | — |  |  | — |  | — |
Summary of Employee Stock Purchase Plan (ESPP) assumptions |
|  | Three and Nine Months Ended |  |
|  | March 31, 2020 |  |
Expected term (in years) |  |  |  |  | 0.50 |  |
Volatility |  |  |  |  | 64 | % |
Expected dividend |  |  |  |  | — |  |
Risk-free interest rate |  |  |  |  | 2.04 | % |
Estimated forfeiture rate |  |  |  |  | — |  |

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