XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.3
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities    
Net loss $ (1,886) $ (1,653)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Share-based compensation 1,742 1,788
Depreciation and amortization 528 349
Amortization of purchased intangible assets 1,384 1,419
Amortization of manufacturing profit in acquired inventory associated with acquisitions 317 24
Loss on disposal of property and equipment 0 (10)
Amortization of deferred debt issuance costs 27 22
Fair value remeasurement of earnout consideration (9) 0
Changes in operating assets and liabilities, net of assets and liabilities acquired:    
Accounts receivable (2,423) 1,493
Inventories 3,623 (4,015)
Contract manufacturers' receivable 2,389 2,522
Prepaid expenses and other current assets (233) 1,134
Lease right-of-use assets 481 221
Other assets 11 (56)
Accounts payable (3,591) (6,133)
Accrued payroll and related expenses 108 (806)
Other liabilities 5,030 (965)
Net cash provided by (used in) operating activities 7,498 (4,666)
Investing activities    
Purchases of property and equipment (486) (956)
Cash payment for acquisitions, net of cash and cash equivalents acquired 0 (4,650)
Net cash used in investing activities (486) (5,606)
Financing activities    
Net proceeds from issuances of common stock 93 21
Tax withholding paid on behalf of employees for restricted shares (514) (314)
Net proceeds from issuance of debt 0 4,909
Payment of borrowings on term loan (518) (438)
Net proceeds from borrowing on line of credit 0 2,000
Payment of lease liabilities (46) (2)
Net cash provided by (used in) financing activities (985) 6,176
Increase (decrease) in cash and cash equivalents 6,027 (4,096)
Cash and cash equivalents at beginning of period 13,452 17,221
Cash and cash equivalents at end of period $ 19,479 $ 13,125