XML 37 R21.htm IDEA: XBRL DOCUMENT v3.22.2.2
Acquisition (Tables)
 12 Months Ended
Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Summary of purchase consideration
     
Cash consideration paid to CSI  $23,651 
Estimated fair value of earnout consideration   393 
Total purchase consideration  $24,044 
Schedule of purchase price allocation
     
Cash and cash equivalents  $22 
Accounts receivable, net   5,277 
Inventories, net   7,734 
Prepaid expense and other current assets   355 
Property and equipment, net   121 
Goodwill   4,958 
Amortizable intangible assets   10,794 
Accounts payable   (1,872)
Accrued payroll   (9)
Deferred tax liability   (2,036)
Other current liabilities   (1,300)
Total consideration  $24,044 
Schedule of intangible assets of useful lives
          
   Asset Fair Value   Weighted Average Useful Life 
    (In thousands)    (In years) 
Customer relationships  $7,467    3.5 
Developed technology   1,890    3.5 
Order backlog   567    1.0 
Trademarks and trade names   870    2.0 
Schedule of supplemental pro forma data
          
   Year Ended June 30, 
   2022   2021 
   (In thousands, except per share amounts) 
Pro forma net revenue  $132,442   $106,822 
Pro forma net loss  $(5,751)  $(5,071)
           
Pro forma net loss per share:          
Basic and Diluted  $(0.12)  $(0.25)