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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating activities    
Net loss $ (4,262) $ (4,678)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 3,653 2,981
Depreciation and amortization 791 463
Amortization of purchased intangible assets 2,916 2,633
Amortization of manufacturing profit in acquired inventory associated with acquisitions 104 380
Loss on disposal of property and equipment (10) 3
Amortization of deferred debt issuance costs 50 191
Fair value remeasurement of earnout consideration (673) 1,259
Changes in operating assets and liabilities, net of assets and liabilities acquired:    
Accounts receivable 487 (5,194)
Inventories (7,991) (6,860)
Contract manufacturers' receivable 670 208
Prepaid expenses and other current assets 2,080 247
Lease right-of-use assets 831 821
Other assets (105) (13)
Accounts payable (4,421) 2,277
Accrued payroll and related expenses (1,782) 152
Other liabilities (2,289) (275)
Net cash used in operating activities (9,951) (5,405)
Investing activities    
Purchases of property and equipment (1,994) (560)
Cash payment for acquisitions, net of cash and cash equivalents acquired (4,650) (23,629)
Net cash used in investing activities (6,644) (24,189)
Financing activities    
Net proceeds from issuances of common stock 729 33,256
Tax withholding paid on behalf of employees for restricted shares (498) (1,646)
Net proceeds from issuance of debt 4,909 28,800
Payment of borrowings on term loan (957) (4,187)
Net proceeds from borrowing on line of credit 2,000 0
Payment of lease liabilities (4) (4)
Net cash provided by financing activities 6,179 56,219
Increase (decrease) in cash and cash equivalents (10,416) 26,625
Cash and cash equivalents at beginning of period 17,221 9,739
Cash and cash equivalents at end of period $ 6,805 $ 36,364