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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities    
Net loss $ (8,742) $ (4,902)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Share-based compensation 4,630 5,790
Depreciation and amortization 1,618 1,599
Amortization of intangible assets 3,378 4,004
Amortization of manufacturing profit in acquired inventory associated with acquisitions 44 696
Amortization of deferred debt issuance costs 35 83
Fair value remeasurement of earnout consideration 0 (9)
Changes in operating assets and liabilities, net of assets and liabilities acquired:    
Accounts receivable 7,631 (860)
Inventories 300 8,488
Contract manufacturers’ receivables (236) 1,457
Prepaid expenses and other current assets (694) 76
Lease right-of-use assets 1,389 1,455
Other assets 16 (114)
Accounts payable 650 1,390
Accrued payroll and related expenses (1,972) 2,108
Other liabilities (1,814) (4,913)
Net cash provided by operating activities 6,233 16,348
Investing activities    
Purchases of property and equipment (362) (1,325)
Cash payment for acquisition (6,458) 0
Net cash used in investing activities (6,820) (1,325)
Financing activities    
Net proceeds from issuances of common stock 220 522
Tax withholding paid on behalf of employees for restricted shares (1,993) (881)
Earnout consideration paid for acquisition 0 (1,262)
Payment of borrowings on term loan (3,735) (2,075)
Payment of lease liabilities (143) (137)
Net cash used in financing activities (5,651) (3,833)
Increase (decrease) in cash and cash equivalents (6,238) 11,190
Cash and cash equivalents at beginning of period 26,237 13,452
Cash and cash equivalents at end of period $ 19,999 $ 24,642