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Stockholders’ Equity
 9 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Stockholders’ Equity

 

6. Stockholders’ Equity

  

Restricted Stock Units (“RSUs”)

 

The following table presents a summary of activity with respect to our RSUs:

          
       Weighted- 
       Average 
       Grant Date 
   Number of   Fair Value 
   Shares   per Share 
   (In thousands)     
Balance of RSUs outstanding at June 30, 2025   2,107   $3.76 
Granted   924    4.05 
Forfeited   (241)   3.45 
Vested   (885)   4.00 
Balance of RSUs outstanding at March 31, 2026   1,905   $3.83 

 

Performance Stock Units (“PSUs”)

 

The following table presents a summary of activity with respect to our PSUs:

     
   Number of Shares 
   (In thousands) 
Balance of PSUs outstanding at June 30, 2025   995 
Granted   579 
Forfeited   (283)
Balance of PSUs outstanding at March 31, 2026   1,291 

 

Stock Options

 

The following table presents a summary of activity with respect to our stock options:

          
       Weighted- 
       Average 
   Number of   Exercise Price 
   Shares   per Share 
   (In thousands)     
Balance of options outstanding at June 30, 2025   215   $4.51 
Forfeited   (35)   4.95 
Expired   (3)   3.16 
Exercised   (100)   4.41 
Balance of options outstanding at March 31, 2026   77   $4.50 

 

Share-Based Compensation Expense

 

The following table presents a summary of share-based compensation expenses included in each applicable functional line item on our accompanying unaudited condensed consolidated statements of operations:

                    
   Three Months Ended   Nine Months Ended 
   March 31,   March 31, 
   2026   2025   2026   2025 
   (In thousands) 
Cost of revenue  $36   $34   $100   $146 
Selling, general and administrative   1,358    1,159    4,166    3,329 
Research and development   207    324    688    1,155 
Total share-based compensation expense  $1,601   $1,517   $4,954   $4,630 

 

The following table presents the remaining unrecognized share-based compensation expense related to our outstanding share-based awards as of March 31, 2026:

          
   Remaining   Remaining 
   Unrecognized   Weighted- 
   Compensation   Average Years 
   Expense   To Recognize 
   (In thousands)     
Restricted stock units  $6,016    2.0 
Performance stock units   2,846    1.8 
   $8,862