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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities    
Net income (loss) $ (9,037) $ 1,051
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Share-based compensation 2,649 1,260
Depreciation and amortization 535 341
Amortization of purchased intangible assets 1,096 0
Amortization of manufacturing profit in acquired inventory associated with acquisition 204 0
Loss on disposal of property and equipment 0 10
Amortization of deferred debt issuance costs 4 0
Changes in operating assets and liabilities:    
Accounts receivable 2,274 (2,930)
Inventories 1,951 (1,832)
Contract manufacturers' receivable 890 143
Prepaid expenses and other current assets (327) (257)
Other assets 679 (1)
Accounts payable (1,645) 794
Accrued payroll and related expenses 1,210 (1,000)
Warranty reserve (25) 11
Other liabilities (3,893) 813
Net cash used in operating activities (3,435) (1,597)
Investing activities    
Purchases of property and equipment (471) (383)
Cash payment for acquisitions, net of cash and cash equivalents acquired (13,402) 0
Net cash used in investing activities (13,873) (383)
Financing activities    
Net proceeds from issuances of common stock 717 10,860
Tax withholding paid on behalf of employees for restricted shares (224) (188)
Net proceeds from issuance of debt 5,893 0
Payment of borrowings on term loan (375) 0
Payment of lease liabilities (8) (48)
Net cash provided by financing activities 6,003 10,624
Increase (decrease) in cash, cash equivalents, and restricted cash (11,305) 8,644
Cash, cash equivalents, and restricted cash at beginning of period 18,282 9,568
Cash, cash equivalents, and restricted cash at end of period $ 6,977 $ 18,212