XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 4,911 $ 5,057
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of intangible assets 26 201
Amortization of costs capitalized to obtain revenue contracts 872 607
Amortization of right-of-use assets 1,231 1,145
Depreciation 313 220
Provision of doubtful accounts 323 127
Deferred income taxes 92 (197)
Stock-based compensation 1,264 1,393
Loss on disposal of property and equipment (1) (2)
Changes in operating assets and liabilities:    
Accounts receivable 7,148 6,715
Costs capitalized to obtain revenue contracts (1,050) (1,018)
Prepaid expenses 602 572
Other current assets (14) 435
Other non-current assets 40 149
Accounts payable (1,338) (2,369)
Accrued compensation (730) 780
Accrued liabilities (499) 745
Deferred revenue (6,966) (5,043)
Operating lease liabilities (1,300) (1,217)
Other long-term liabilities 83 152
Net cash provided by operating activities 5,007 8,452
Cash flows from investing activities:    
Purchase of property and equipment (354) (339)
Net cash used in investing activities (354) (339)
Cash flows from financing activities:    
Payments on bank borrowings   (31)
Proceeds from bank borrowings   31
Proceeds from exercise of employee stock options 944 334
Proceeds from employee stock purchase plan 508 448
Net cash provided by financing activities 1,452 782
Effect of change in exchange rates on cash and cash equivalents 700 (98)
Net increase in cash, cash equivalents and restricted cash 6,805 8,797
Cash, cash equivalents and restricted cash at beginning of period 46,615 31,867
Cash, cash equivalents and restricted cash at end of period 53,420 40,664
Supplemental cash flow disclosures:    
Cash paid for interest   2
Cash paid for taxes, net of tax refunds 94 $ 188
ROU assets recognized from lease modifications 779  
Lease liabilities recognized from lease modification $ 779