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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities    
Net loss $ (8,980) $ (5,362)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Share-based compensation 6,208 6,246
Amortization of purchased intangible assets 5,804 5,590
Depreciation and amortization 1,735 1,028
Amortization of manufacturing profit in acquired inventory associated with acquisitions 225 380
Loss on disposal of property and equipment 15 4
Amortization of deferred debt issuance costs 104 261
Fair value remeasurement of earnout consideration (447) 1,107
Loss on extinguishment of debt 0 764
Changes in operating assets and liabilities, net of assets and liabilities acquired:    
Accounts receivable 480 (7,470)
Inventories (8,692) (15,266)
Contract manufacturers' receivable 435 (1,494)
Prepaid expenses and other current assets 3,043 (2,183)
Lease right-of-use assets 2,088 1,564
Other assets (18) (85)
Accounts payable (8,575) 8,782
Accrued payroll and related expenses (2,560) (222)
Other liabilities 9,372 (3,060)
Net cash provided by (used in) operating activities 237 (9,416)
Investing activities    
Purchases of property and equipment (2,673) (2,118)
Cash payment for acquisitions, net of cash and cash equivalents acquired (4,650) (23,629)
Net cash used in investing activities (7,323) (25,747)
Financing activities    
Net proceeds from issuances of common stock 1,253 34,227
Tax withholding paid on behalf of employees for restricted shares (821) (1,811)
Earnout consideration paid 0 (1,500)
Net proceeds from issuance of debt 4,909 28,800
Payment of borrowings on term loan (1,994) (17,062)
Net proceeds from borrowing on line of credit 2,000 2,500
Payment of borrowings on line of credit (2,000) (2,500)
Payment of lease liabilities (30) (9)
Net cash provided by financing activities 3,317 42,645
Increase (decrease) in cash and cash equivalents (3,769) 7,482
Cash and cash equivalents at beginning of year 17,221 9,739
Cash and cash equivalents at end of year 13,452 17,221
Supplemental disclosure of cash flow information    
Interest paid 1,563 1,494
Income taxes paid $ 539 $ 215