XML 18 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
Current Assets:    
Cash and cash equivalents $ 17,221 $ 9,739
Accounts receivable (net of allowance for doubtful accounts of $340 and $321 at June 30, 2022 and 2021, respectively) 26,262 13,515
Inventories, net 37,679 15,059
Contract manufacturers' receivable 3,454 1,960
Prepaid expenses and other current assets 5,417 2,880
Total current assets 90,033 43,153
Property and equipment, net 3,652 1,577
Goodwill 20,768 15,810
Purchased intangible assets, net 14,559 9,355
Lease right-of-use assets 8,037 2,431
Other assets 325 240
Total assets 137,374 72,566
Current Liabilities:    
Accounts payable 20,644 9,122
Accrued payroll and related expenses 4,729 4,942
Current portion of long-term debt, net 1,671 1,472
Other current liabilities 8,477 7,328
Total current liabilities 35,521 22,864
Long-term debt, net 14,274 2,210
Other non-current liabilities 7,683 1,396
Total liabilities 57,478 26,470
Commitments and contingencies (Note 10)
Stockholders' equity:    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value; 100,000,000 shares authorized; 35,129,301 and 29,087,714 shares issued and outstanding at June 30, 2022 and 2021, respectively 4 3
Additional paid-in capital 289,046 249,885
Accumulated deficit (209,525) (204,163)
Accumulated other comprehensive income 371 371
Total stockholders' equity 79,896 46,096
Total liabilities and stockholders' equity $ 137,374 $ 72,566