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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating activities    
Net loss $ (4,516) $ (8,980)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Share-based compensation 8,337 6,208
Amortization of intangible assets 5,314 5,804
Depreciation and amortization 2,163 1,735
Amortization of manufacturing profit in acquired inventory associated with acquisitions 822 225
Loss on disposal of property and equipment 3 15
Amortization of deferred debt issuance costs 110 104
Fair value remeasurement of earnout consideration (9) (447)
Changes in operating assets and liabilities, net of assets and liabilities acquired:    
Accounts receivable, net (3,597) 480
Inventories, net 21,216 (8,692)
Contract manufacturers' receivable 1,618 435
Prepaid expenses and other current assets 327 3,043
Lease right-of-use assets 2,016 2,088
Other assets (128) (18)
Accounts payable (2,128) (8,575)
Accrued payroll and related expenses 3,405 (2,560)
Other liabilities (16,330) 9,372
Net cash provided by operating activities 18,623 237
Investing activities    
Purchases of property and equipment (1,479) (2,673)
Cash payment for acquisitions, net of cash and cash equivalents acquired 0 (4,650)
Net cash used in investing activities (1,479) (7,323)
Financing activities    
Net proceeds from issuances of common stock 1,005 1,253
Tax withholding paid on behalf of employees for restricted shares (1,027) (821)
Earnout consideration paid (1,262) 0
Net proceeds from issuance of debt 0 4,909
Payment of borrowings on term loan (2,853) (1,994)
Net proceeds from borrowing on line of credit 0 2,000
Payment of borrowings on line of credit 0 (2,000)
Payment of lease liabilities (222) (30)
Net cash (used in) provided by financing activities (4,359) 3,317
Increase (decrease) in cash and cash equivalents 12,785 (3,769)
Cash and cash equivalents at beginning of year 13,452 17,221
Cash and cash equivalents at end of year 26,237 13,452
Supplemental disclosure of cash flow information    
Interest paid 1,915 1,563
Income taxes paid $ 631 $ 539