XML 21 R10.htm IDEA: XBRL DOCUMENT

Supplemental Financial Information

9 Months Ended

Mar. 31, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

3.	Supplemental Financial Information

Inventories

Schedule of inventories
	March 31,		June 30,
	2026		2025
	(In thousands)
Finished goods	$	15,291	$	15,603
Raw materials		11,131		10,768
Inventories	$	26,422	$	26,371

Other Liabilities

The following table presents details of our other liabilities:

Schedule of other liabilities
	March 31,		June 30,
	2026		2025
	(In thousands)
Current
Accrued variable consideration	$	1,783	$	2,557
Customer deposits and refunds		334		321
Accrued raw materials purchases		292		204
Deferred revenue		3,105		3,301
Lease liability		1,546		1,594
Taxes payable		151		103
Warranty reserve		647		663
Other accrued operating expenses		2,645		1,879
Total other current liabilities	$	10,503	$	10,622

Non-current
Lease liability	$	6,638	$	7,811
Deferred tax liability		204		172
Deferred revenue		1,922		2,255
Total other non-current liabilities	$	8,764	$	10,238

Computation of Net Loss per Share

Basic and diluted net loss per share is calculated by dividing net loss by the weighted-average number of common shares outstanding during the applicable period.

The following table presents the computation of net loss per share:


	Three Months Ended						Nine Months Ended
	March 31,						March 31,
	2026			2025			2026			2025
	(In thousands, except per share data)
Numerator:
Net loss	$	(1,181	)	$	(3,868	)	$	(3,912	)	$	(8,742	)
Denominator:
Weighted-average common shares outstanding - basic and diluted		39,731			38,820			39,472			38,493

Net loss per share - basic and diluted	$	(0.03	)	$	(0.10	)	$	(0.10	)	$	(0.23	)

The following table presents the common stock equivalents excluded from the diluted net loss per share calculation, because they were anti-dilutive for the periods presented. These excluded common stock equivalents could be dilutive in the future.

Schedule of anti-dilutive securities
	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2026		2025		2026		2025
	(In thousands)
Common stock equivalents		1,080		579		1,002		577

Intangible Assets

The following table presents details of intangible assets:

Schedule of intangible assets
	March 31, 2026							June 30, 2025
	Gross Carrying Amount		Accumulated Amortization			Net Book Value		Gross Carrying Amount		Accumulated Amortization			Net Book Value
	(In thousands)
Developed technology	$	6,793	$	(6,244	)	$	549	$	6,793	$	(6,066	)	$	727
Customer relationships		19,115		(17,371	)		1,744		19,116		(16,321	)		2,795
Order backlog		297		(297	)		–		297		(149	)		148
Trademark and trade name		91		(57	)		34		1,516		(1,448	)		68
	$	26,296	$	(23,969	)	$	2,327	$	27,722	$	(23,984	)	$	3,738

We do not currently have any intangible assets with indefinite useful lives.

As of March 31, 2026, future estimated amortization expense is as follows:


Years Ending June 30,
(In thousands)
2026 (remainder)	$	150
2027		539
2028		256
2029		191
2030		191
Thereafter		1,000
Total future amortization	$	2,327

Restructuring, Severance and Related Charges

During the three and nine months ended March 31, 2026, we incurred charges of $288,000 and $424,000, respectively, related to certain headcount reductions. We may incur additional charges in future periods as we identify additional cost savings and efficiencies related to our business.

The following table presents details of the liability we recorded related to restructuring, severance and related activities:


	Nine Months Ended
	March 31,
	2026
	(In thousands)
Beginning balance	$	479
Charges		424
Payments		(777	)
Ending balance	$	126

These balances are recorded in accrued payroll and related expenses in the accompanying unaudited condensed consolidated balance sheets.

Supplemental Cash Flow Information

The following table presents non-cash investing transactions excluded from the accompanying unaudited condensed consolidated statements of cash flows:


	Nine Months Ended
	March 31,
	2026		2025
		(In thousands)
Acquisition of property through operating leases	$	84	$	796
Acquisition of property through financing leases	$	7	$	–
Accrued property and equipment paid for in the subsequent period	$	62	$	8

Accumulated Other Comprehensive Income

As a result of the final dissolution of a foreign subsidiary, during the quarter ended March 31, 2026, we reclassified to other income $27,000 in accumulated foreign currency translation adjustments related to this subsidiary that were previously suspended in accumulated other comprehensive income.