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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Net loss $ (5,362) $ (4,044)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Share-based compensation 6,246 3,584
Amortization of purchased intangible assets 5,590 3,094
Depreciation and amortization 1,028 817
Amortization of manufacturing profit in acquired inventory associated with acquisitions 380 7
Loss on disposal of property and equipment 4 193
Amortization of deferred debt issuance costs 261 28
Fair value remeasurement of earnout consideration 1,107 0
Loss on extinguishment of debt 764 0
Changes in operating assets and liabilities, net of assets and liabilities acquired:    
Accounts receivable (7,470) (2,104)
Inventories (15,266) (1,285)
Contract manufacturers' receivable (1,494) (1,623)
Prepaid expenses and other current assets (2,183) (1,590)
Lease right-of-use assets 1,564 1,527
Other assets (85) (8)
Accounts payable 8,782 3,574
Accrued payroll and related expenses (222) 2,284
Other liabilities (3,060) (150)
Net cash (used in) provided by operating activities (9,416) 4,304
Investing activities    
Purchases of property and equipment (2,118) (783)
Cash payment for acquisitions, net of cash and cash equivalents acquired (23,629) 0
Net cash used in investing activities (25,747) (783)
Financing activities    
Net proceeds from issuances of common stock 34,227 913
Tax withholding paid on behalf of employees for restricted shares (1,811) (877)
Earnout consideration paid (1,500) 0
Net proceeds from issuance of debt 28,800 0
Payment of borrowings on term loan (17,062) (1,500)
Net proceeds from borrowing on line of credit 2,500 0
Payment of borrowings on line of credit (2,500) 0
Payment of lease liabilities (9) (9)
Net cash provided by (used in) financing activities 42,645 (1,473)
Increase in cash and cash equivalents 7,482 2,048
Cash and cash equivalents at beginning of year 9,739 7,691
Cash and cash equivalents at end of year 17,221 9,739
Supplemental disclosure of cash flow information    
Interest paid 1,494 297
Income taxes paid $ 215 $ 200