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Warranty Reserve
 9 Months Ended
Mar. 31, 2023
Guarantees and Product Warranties [Abstract]  
Warranty Reserve

 

5. Warranty Reserve

 

The standard warranty periods we provide for our products typically range from one to five years. Certain products carry a limited lifetime warranty, which requires us to repair or replace a defective product or offer a refund of a portion of the purchase price based on a depreciated value at our option. We establish reserves for estimated product warranty costs at the time revenue is recognized based upon our historical warranty experience, and for any known or anticipated product warranty issues.

 

The following table presents details of our warranty reserve, which is included in other current liabilities in the unaudited condensed consolidated balance sheets:

          
   Nine Months Ended   Year Ended 
   March 31,   June 30, 
   2023   2022 
   (In thousands) 
Beginning balance  $594   $197 
Warranty reserve assumed from acquisition of TN Companies   –    483 
Charged to cost of revenue   274    202 
Usage   (120)   (288)
Ending balance  $748   $594