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2. Business Combinations (Tables)
 12 Months Ended
Jun. 30, 2020
Supplemental Pro Forma Information

Supplemental pro forma data is as follows:

 

    Years Ended June 30,  
    2020     2019  
      (In thousands, except per share amounts)  
Pro forma net revenue   $ 73,883     $ 82,395  
Pro forma net loss     (5,643 )     (11,115 )
                 
Pro forma net loss per share                
Basic and Diluted   $ (0.22 )   $ (0.43 )
Maestro Wireless Solutions [Member]  
Purchase price allocation

The purchase price allocation is as follows (in thousands):

 

Cash and cash equivalents   $ 282  
Accounts receivable     1,338  
Inventories, net     1,643  
Other assets     529  
Purchased intangible assets     1,910  
Goodwill     2,876  
Accounts payable     (1,545 )
Other liabilities     (1,678 )
Total consideration   $ 5,355  
Valuation of identifiable intangible assets

The valuation of identifiable intangible assets and their estimated useful lives are as follows:

 

    Asset Fair Value     Weighted Average Useful Life (years)  
    (In thousands)        
Developed technology   $ 1,530       5.0  
Customer relationship     100       2.0  
Order backlog     110       1.0  
Non-compete agreements     30       2.0  
Trade name     140       1.0  
Intrinsyc [Member]  
Purchase price allocation

A summary of the purchase consideration for Intrinsyc is as follows (in thousands):

 

Cash consideration to selling shareholders   $ 11,022  
Cash consideration for vested equity awards     497  
Share consideration     15,574  
Total purchase consideration   $ 27,093  

 

The purchase price allocation is as follows (in thousands):

 

Cash and cash equivalents   $ 3,190  
Accounts receivable     5,524  
Inventories, net     5,281  
Other assets     2,606  
Purchased intangible assets     12,576  
Goodwill     3,446  
Accounts payable     (1,552 )
Other liabilities     (3,978 )
Total consideration   $ 27,093  
Valuation of identifiable intangible assets

The valuation of identifiable intangible assets and their estimated useful lives are as follows:

 

    Asset Fair Value     Weighted Average Useful Life (years)  
    (In thousands)        
Developed technology   $ 2,311       5.0  
Customer relationship     8,930       6.0  
Order backlog     730       1.2  
Non-compete agreements     370       1.0  
Trademarks and trade names     235       1.0