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v3.22.1

Supplemental Financial Information (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Inventory |
Schedule of Inventory |  |  |  |  |  |  |  |
|  | March 31, |  |  | June 30, |
|  | 2022 |  |  | 2021 |
|  | (In thousands) |
Finished goods |  | $ | 17,448 |  |  | $ | 7,738 |
Raw materials |  |  | 15,718 |  |  |  | 7,321 |
Inventories |  | $ | 33,166 |  |  | $ | 15,059 |
Schedule of Other Liabilities |
Schedule of Other Liabilities |  |  |  |  |  |
|  | March 31, |  |  | June 30, |
|  | 2022 |  |  | 2021 |
|  | (In thousands) |
Current |  |  |  |  |  |
Accrued variable consideration |  | $ | 2,092 |  |  | $ | 1,347 |
Customer deposits and refunds |  |  | 1,023 |  |  |  | 1,133 |
Accrued raw materials purchases |  |  | 281 |  |  |  | 176 |
Deferred revenue |  |  | 955 |  |  |  | 850 |
Lease liability |  |  | 861 |  |  |  | 1,174 |
Taxes payable |  |  | 442 |  |  |  | 388 |
Warranty reserve |  |  | 635 |  |  |  | 197 |
Other accrued operating expenses |  |  | 6,179 |  |  |  | 2,063 |
Total other current liabilities |  | $ | 12,468 |  |  | $ | 7,328 |
Non-current |  |  |  |  |  |  |  |
Lease liability |  | $ | 7,566 |  |  | $ | 1,155 |
Deferred revenue |  |  | 354 |  |  |  | 241 |
Total other non-current liabilities |  | $ | 7,920 |  |  | $ | 1,396 |
Schedule of Computation of Net Income (Loss) per Share |
Schedule of Computation of Net Income (Loss) per Share |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
|  | (In thousands, except per share data) |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (3,190 | ) |  | $ | (1,187 | ) |  | $ | (7,868 | ) |  | $ | (2,948 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding - basic and diluted |  |  | 34,695 |  |  |  | 28,819 |  |  |  | 31,925 |  |  |  | 28,617 |
Net loss per share - basic and diluted |  | $ | (0.09 | ) |  | $ | (0.04 | ) |  | $ | (0.25 | ) |  | $ | (0.10 | )
Schedule of antidilutive securities |
Schedule of antidilutive securities |  |  |  |  |  |  |  |  |  |  |  |
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
|  |  |  |  | (In thousands) |  |  |  |
Common stock equivalents |  |  | 1,175 |  |  |  | 745 |  |  |  | 1,154 |  |  |  | 937 |
Schedule of purchased intangible assets |
Schedule of purchased intangible assets |  |  |
|  | March 31, 2022 |  |  | June 30, 2021 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Book Value |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Book Value |
|  | (In thousands) |
Developed technology |  | $ | 5,731 |  |  | $ | (2,170 | ) |  | $ | 3,561 |  |  | $ | 3,841 |  |  | $ | (1,249 | ) |  | $ | 2,592 |
Customer relationships |  |  | 16,498 |  |  |  | (4,796 | ) |  |  | 11,702 |  |  |  | 9,030 |  |  |  | (2,267 | ) |  |  | 6,763 |
Order backlog |  |  | 1,406 |  |  |  | (1,214 | ) |  |  | 192 |  |  |  | 840 |  |  |  | (840 | ) |  |  | – |
Non-compete agreements |  |  | 400 |  |  |  | (400 | ) |  |  | – |  |  |  | 400 |  |  |  | (400 | ) |  |  | – |
Trademark and trade name |  |  | 1,245 |  |  |  | (663 | ) |  |  | 582 |  |  |  | 375 |  |  |  | (375 | ) |  |  | – |
|  | $ | 25,280 |  |  | $ | (9,243 | ) |  | $ | 16,037 |  |  | $ | 14,486 |  |  | $ | (5,131 | ) |  | $ | 9,355 |
Schedule of future estimated amortization expense |
Schedule of future estimated amortization expense |  |  |  |
Years Ending June 30, |  |  |
(In thousands) |  |  |  |
2022 (remainder) |  | $ | 1,478 |
2023 |  |  | 5,400 |
2024 |  |  | 4,952 |
2025 |  |  | 3,358 |
2026 |  |  | 849 |
Total future amortization |  | $ | 16,037 |
Schedule of severance and related charges |
Schedule of severance and related charges |  |  |  |
|  | Nine Months Ended |
|  | March 31, |
|  | 2022 |
|  |  | (In thousands) |
Beginning balance |  | $ | 88 |
Charges |  |  | 760 |
Payments |  |  | (843 | )
Ending balance |  | $ | 5 |
Schedule of non-cash investing transactions |
Schedule of non-cash investing transactions |  |  |  |  |  |
|  | Nine Months Ended |
|  | March 31, |
|  | 2022 |  |  | 2021 |
|  | (In thousands) |
Accrued property and equipment paid for in the subsequent period |  | $ | 235 |  |  | $ | 40 |
Fair value of warrant to purchase common stock issued with bank credit facility |  | $ | 500 |  |  | $ | – |
Fair value of earnout consideration from TNI acquisition at the Closing Date |  | $ | 393 |  |  | $ | – |

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