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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating activities    
Net loss $ (4,678) $ (1,761)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Share-based compensation 2,981 1,494
Depreciation and amortization 463 442
Amortization of purchased intangible assets 2,633 1,761
Amortization of manufacturing profit in acquired inventory associated with acquisitions 380 7
Loss on disposal of property and equipment 3 0
Amortization of deferred debt issuance costs 191 14
Fair value remeasurement of earnout consideration 1,259 0
Changes in operating assets and liabilities:    
Accounts receivable (5,194) (1,887)
Inventories (6,860) (309)
Contract manufacturers’ receivable 208 (530)
Prepaid expenses and other current assets 247 (332)
Lease right-of-use assets 821 746
Other assets (13) (12)
Accounts payable 2,277 1,986
Accrued payroll and related expenses 152 (341)
Warranty reserve 0 0
Other liabilities (275) (165)
Net cash (used in) provided by operating activities (5,405) 1,113
Investing activities    
Purchases of property and equipment (560) (289)
Cash payment for acquisitions, net of cash and cash equivalents acquired (23,629) 0
Net cash used in investing activities (24,189) (289)
Financing activities    
Net proceeds from issuances of common stock 33,256 435
Tax withholding paid on behalf of employees for restricted shares (1,646) (575)
Net proceeds from issuance of debt 28,800 0
Payment of borrowings on term loan (4,187) (750)
Payment of lease liabilities (4) (4)
Net cash provided by (used in) financing activities 56,219 (894)
Increase (decrease) in cash and cash equivalents 26,625 (70)
Cash and cash equivalents at beginning of period 9,739 7,691
Cash and cash equivalents at end of period $ 36,364 $ 7,621