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Significant Geographic, Customer and Supplier Information
12 Months Ended
Jun. 30, 2025
Significant Geographic Customer And Supplier Information  
Significant Geographic, Customer and Supplier Information

 

11.   Significant Geographic, Customer and Supplier Information

 

Long-lived assets, which consists of property and equipment, net, lease right-of-use assets, intangible assets, net, and goodwill by geographic area are as follows:

          
   June 30, 
   2025   2024 
   (In thousands) 
U.S.  $40,065   $38,650 
Canada   5,415    7,564 
Rest of world   225    444 
   $45,705   $46,658 

 

Customers

 

The following table presents sales to our significant customers as a percentage of net revenue:

          
   Years Ended June 30, 
   2025   2024 
Top five customers (1)   44%    54% 
Customer A   15%    13% 
Customer B   *    25% 

 

(1) Includes Customer A and Customer B in the fiscal year ended June 30, 2025 and in the fiscal year ended June 30, 2024.
* Less than 10%

 

The following table shows customers that had an outstanding receivable balance that represented at least 10% of our total net accounts receivable:

          
   June 30, 
   2025   2024 
Customer A   18%    15% 
Customer B   *    26% 
Customer C   13%    * 

 

* Less than 10%

 

Related Party Transactions

 

We had no net revenue from related parties for the fiscal years ended June 30, 2025 and 2024.

 

Suppliers

 

We do not own or operate a manufacturing facility. All of our products are manufactured by third-party contract manufacturers and foundries primarily located in Thailand, Taiwan and China. We have several single-sourced supplier relationships, either because alternative sources are not available or because the relationship is advantageous to us. If these suppliers are unable to provide a timely and reliable supply of components, we could experience manufacturing delays that could adversely affect our consolidated results of operations.