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Subsequent Events
 3 Months Ended
Sep. 30, 2024
Subsequent Events  
Subsequent Events

Note 14. Subsequent Events

At-the-Market (“ATM”) Equity Sales Program

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On October 21, 2024, the Company entered into an ATM equity Sales Agreement (the “ATM Sales Agreement”) with Roth Capital Partners, LLC (the “Lead Agent”), Northland Securities Inc., and A.G.P./Alliance Global Partners pursuant to which the Company may issue and sell, from time to time, up to $30.0 million of shares of common stock through or to the Lead Agent, acting as agent or principal. The Company has not sold any shares of common stock under the ATM Sales Agreement and is not obligated to sell any shares of common stock in the future. The Company intends to use the net proceeds from any sales of common stock for general corporate purposes, including to redeem or repay outstanding indebtedness.

Dividend Declaration

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On November 11, 2024, the Company declared a quarterly cash dividend of $0.120 per share of common stock to shareholders of record on December 13, 2024 and payable on December 31, 2024.