XML 31 R18.htm IDEA: XBRL DOCUMENT v3.22.2.2
Acquisition (Tables)
3 Months Ended
Sep. 30, 2022
Business Combination and Asset Acquisition [Abstract]  
Summary of purchase consideration
     
Cash paid, including initial working capital adjustments  $8,754 
Estimated fair value of earnout consideration   1,718 
Total purchase consideration  $10,472 
Schedule of purchase price allocation
     
Cash and cash equivalents  $4,103 
Accounts receivable, net   1,900 
Inventories, net   3,590 
Prepaid expense and other current assets   288 
Lease right-of-use asset   778 
Other non-current assets   129 
Amortizable intangible assets   2,470 
Goodwill   6,384 
Accounts payable   (278)
Accrued payroll   (262)
Deferred revenue   (4,096)
Other current liabilities   (3,054)
Notes payable   (900)
Other noncurrent liabilities   (580)
Total consideration  $10,472 
Schedule of intangible assets of useful lives
         
   Asset Fair Value   Weighted Average Useful Life 
   (In thousands)   (In years) 
Customer relationships  $1,690   5.0 
Developed technology   600   5.0 
Trademarks and trade names   180   1.0 
Schedule of supplemental pro forma data
          
   Three Months Ended September 30, 
   2022   2021 
   (In thousands, except per share amounts) 
Pro forma net revenue  $33,830   $29,981 
Pro forma net loss  $(1,023)  $(2,606)
           
Pro forma net loss per share:          
Basic and Diluted  $(0.03)  $(0.09)