XML 21 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Operating activities    
Net loss $ (10,738) $ (408)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 3,639 1,871
Amortization of purchased intangible assets 2,037 0
Depreciation and amortization 768 464
Amortization of manufacturing profit in acquired inventory associated with acquisitions 255 0
Impairment of long-lived asset 0 275
Loss on disposal of property and equipment 16 10
Amortization of deferred debt issuance costs 18 0
Changes in operating assets and liabilities:    
Accounts receivable 2,809 (1,967)
Inventories 3,365 (2,532)
Contract manufacturers' receivable 987 (675)
Prepaid expenses and other current assets 366 (224)
Other assets 1,065 (18)
Accounts payable (2,599) 765
Accrued payroll and related expenses 349 (748)
Other liabilities (4,858) 1,439
Net cash used in operating activities (2,521) (1,748)
Investing activities    
Purchases of property and equipment (572) (891)
Cash payment for acquisitions, net of cash and cash equivalents acquired (13,402) 0
Net cash used in investing activities (13,974) (891)
Financing activities    
Net proceeds from issuances of common stock 1,158 11,597
Tax withholding paid on behalf of employees for restricted shares (379) (189)
Net proceeds from issuance of debt 5,886 0
Payment of borrowings on term loan (750) 0
Payment of lease liabilities (11) (55)
Net cash provided by financing activities 5,904 11,353
Increase in cash and cash equivalents (10,591) 8,714
Cash and cash equivalents at beginning of year 18,282 9,568
Cash and cash equivalents at end of year 7,691 18,282
Supplemental disclosure of cash flow information    
Interest paid 218 18
Income taxes paid $ 101 $ 115