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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net loss $ (2,502) $ (1,886)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Share-based compensation 1,600 1,742
Depreciation and amortization 543 528
Amortization of intangible assets 1,251 1,384
Amortization of manufacturing profit in acquired inventory associated with acquisitions 0 317
Amortization of deferred debt issuance costs 24 27
Fair value remeasurement of earnout consideration 0 (9)
Changes in operating assets and liabilities, net of assets and liabilities acquired:    
Accounts receivable 478 (2,423)
Inventories (1,835) 3,623
Contract manufacturers’ receivable (1,321) 2,389
Prepaid expenses and other current assets (834) (233)
Lease right-of-use assets 481 481
Other assets (7) 11
Accounts payable 6,790 (3,591)
Accrued payroll and related expenses (2,396) 108
Other liabilities 391 5,030
Net cash provided by operating activities 2,663 7,498
Investing activities    
Purchases of property and equipment (157) (486)
Net cash used in investing activities (157) (486)
Financing activities    
Net proceeds from issuances of common stock 19 93
Tax withholding paid on behalf of employees for restricted shares (1,542) (514)
Payment of borrowings on term loan (779) (518)
Payment of lease liabilities (46) (46)
Net cash used in financing activities (2,348) (985)
Increase in cash and cash equivalents 158 6,027
Cash and cash equivalents at beginning of period 26,237 13,452
Cash and cash equivalents at end of period $ 26,395 $ 19,479