XML 196 R176.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Debt - Additional Information (Details) - CIK 0001441693 Pro Farm Group, Inc |  |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | ---
Jan. 31, 2020 USD ($) | Jan. 30, 2020 | Jun. 30, 2014 USD ($) | May 31, 2022 USD ($) | Jun. 30, 2022 USD ($) | Jun. 30, 2021 USD ($) | Jun. 30, 2022 USD ($) | Jun. 30, 2021 USD ($) | Dec. 31, 2021 USD ($)
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Restricted cash |  |  |  |  | $ 1,560,000 |  | $ 1,560,000 |  | $ 1,560,000
Sale of certain accounts receivable to third-party | $ 20,000,000 |  |  |  |  |  |  |  |
Aging collection fee percentage | 0.00% | 0.35% |  |  |  |  |  |  |
Interest expense |  |  |  |  | 555,000 | $ 355,000 | 1,106,000 | $ 748,000 |
LSQ Funding Group L C |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Outstanding principal amount |  |  |  |  | 9,636,000 |  | 9,636,000 |  |
Sale of certain accounts receivable to third-party | $ 7,000,000 |  |  |  |  |  |  |  |
Invoice purchase fee percentage | 0.25% |  |  |  |  |  |  |  |
Additional monthly funds usage rate | 0.025% | 0.02% |  |  |  |  |  |  |
Aging collection fee percentage | 0.75% |  |  |  |  |  |  |  |
Termination fee percentage | 0.50% | 0.75% |  |  |  |  |  |  |
Interest expense |  |  |  |  | $ 324,000 | $ 200,000 | $ 720,000 | 432,000 |
LSQ Funding Group L C | Maximum |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Invoice purchase fee percentage | 0.40% |  |  |  |  |  |  |  |
Advancement rate of receivables face value |  |  |  |  |  |  |  |  | $ 4,500,000
Percentage Of Common Stock Outstanding To Increase Shares Reserved For Issuance | LSQ Funding Group L C |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Invoice purchase fee percentage | 90.00% | 85.00% |  |  |  |  |  |  |
International Receivables | LSQ Funding Group L C |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Invoice purchase fee percentage | 70.00% | 60.00% |  |  |  |  |  |  |
Reserve Shortfall Letter | LSQ Funding Group L C |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Aggregate amount of advance available |  |  |  | $ 1,000,000 |  |  |  |  |
Percentage of additional fee payable |  |  |  | 13.00% |  |  |  |  |
The Addendum | LSQ Funding Group L C |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Amount of advances as percent of unpaid finished goods inventory | 100.00% |  |  |  |  |  |  |  |
Amount of advances as percent of inventory performed on or on behalf of LSQ | 65.00% |  |  |  |  |  |  |  |
Fund advances | $ 3,000,000 |  |  |  |  |  |  |  |
Management fee (as a percent) | 0.50% |  |  |  |  |  |  |  |
Daily interest rate (as a percent) | 0.025% |  |  |  |  |  |  |  |
Secured Debt |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Minimum current ratio |  |  |  |  | 1.25 |  | 1.25 |  |
Maximum debt-to-worth ratio |  |  |  |  | 4.0 |  | 4.0 |  |
Maximum loan-to-value ratio (percent) |  |  |  |  | 70.00% |  | 70.00% |  |
Secured Debt | Business Loan Agreement | Prime Rate |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Debt instrument, interest rate |  |  |  |  | 2.00% |  | 2.00% |  |
October 2012 and April 2013 Secured Promissory Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Outstanding principal amount |  |  |  |  | $ 2,450,000 |  | $ 2,450,000 |  |
Secured promissory notes |  |  |  |  | 3,425,000 |  | 3,425,000 |  |
Accrued interest |  |  |  |  | $ 975,000 |  | 975,000 |  |
Expenses incurred |  |  |  |  |  |  | $ 876,000 | 680,000 |
October 2012 and April 2013 Secured Promissory Notes | Secured Debt |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Debt instrument, interest rate |  |  |  |  | 8.00% |  | 8.00% |  | 8.00%
June 2014 Secured Promissory Note | Secured Debt |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Debt instrument, interest rate |  |  |  |  | 6.00% |  | 6.00% |  | 6.00%
June 2014 Secured Promissory Note | Secured Debt | Business Loan Agreement |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Debt instrument borrowing amount |  |  | $ 10,000,000 |  |  |  |  |  |
Debt instrument, interest rate |  |  | 6.00% |  |  |  |  |  |
Restricted cash |  |  |  |  | $ 1,560,000 |  | $ 1,560,000 |  |
August 2015 Senior Secured Promissory Notes |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |
Outstanding principal amount |  |  |  |  | 5,000,000 |  | 5,000,000 |  |
Secured promissory notes |  |  |  |  | 7,300,000 |  | 7,300,000 |  |
Accrued interest |  |  |  |  | $ 2,300,000 |  | 2,300,000 |  |
Expenses incurred |  |  |  |  |  |  | $ 2,099,000 | $ 1,699,000 |

X
- Definition The percentage of additional monthly funds usage rate. + References No definition available. + Details
Name: | biox_AdditionalMonthlyFundsUsageRate
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face value of advancement fund of receivables. + References No definition available. + Details
Name: | biox_AdvancementFundOfReceivablesFaceValue
Namespace Prefix: | biox_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The percentage of aging collection fee. + References No definition available. + Details
Name: | biox_AgingCollectionFeePercentage
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The maximum loan-to-value ratio the entity has to maintain per debt agreement covenant. + References No definition available. + Details
Name: | biox_DebtAgreementCovenantLoanToValueRatio
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum debt-to-worth ratio the entity has to maintain per debt agreement covenant. + References No definition available. + Details
Name: | biox_DebtAgreementCovenantMaximumToWorthRatio
Namespace Prefix: | biox_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition The minimum current ratio the entity has to maintain per debt agreement covenant. + References No definition available. + Details
Name: | biox_DebtAgreementCovenantMinimumCurrentRatio
Namespace Prefix: | biox_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of expenses incurred. + References No definition available. + Details
Name: | biox_ExpensesIncurred
Namespace Prefix: | biox_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of advances that the entity may obtain as percentage of inventory performed or an behalf of the other party in an invoice purchase agreement. + References No definition available. + Details
Name: | biox_FinancingAgreementAmountAdvancesOnInventoryOnBehalfOfOtherParty
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of advances that the entity may obtain as percentage of unpaid finished goods inventory under an invoice purchase agreement. + References No definition available. + Details
Name: | biox_InvoicePurchaseAgreementAmountAdvancesOnUnpaidFinishedInventory
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The daily interest rate on the average monthly inventory funds available in a Invoice Purchase Agreement. + References No definition available. + Details
Name: | biox_InvoicePurchaseAgreementInterestRate
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The management fee in a Invoice Purchase Agreement, as percent on the average monthly inventory. + References No definition available. + Details
Name: | biox_InvoicePurchaseAgreementManagementFee
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage of invoice purchase fee. + References No definition available. + Details
Name: | biox_InvoicePurchaseFeePercentage
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents for maximum amount of advance available under letter including initial anticipated purchase price payment to cover reserve short fall. + References No definition available. + Details
Name: | biox_MaximumAmountOfAdvanceAvailableUnderLetterIncludingInitialAnticipatedPurchasePricePaymentToCoverReserveShortFall
Namespace Prefix: | biox_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This element represents for percentage of additional fee payable under the reserve shortfall letter. + References No definition available. + Details
Name: | biox_PercentageOfAdditionalFeePayableUnderReserveShortfallLetter
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of termination fee. + References No definition available. + Details
Name: | biox_TeminationFeePercentage
Namespace Prefix: | biox_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Long-Term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. This does not include advances to clients. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 946 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04.2) -URI https://asc.fasb.org/extlink&oid=120401414&loc=d3e603758-122996 + Details
Name: | us-gaap_AdvancesToAffiliate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124429444&loc=SL124452920-239629 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 6: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1B -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of the cost of borrowed funds accounted for as interest expense. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28555-108399 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (210.5-03(11)) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.9) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 + Details
Name: | us-gaap_InterestExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of interest payable on debt, including, but not limited to, trade payables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.15(a)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 + Details
Name: | us-gaap_InterestPayableCurrentAndNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The cash inflow from a borrowing supported by a written promise to pay an obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromNotesPayable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash and cash equivalents restricted as to withdrawal or usage, classified as noncurrent. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=126999549&loc=SL98516268-108586 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3044-108585 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 954 -SubTopic 210 -Section 45 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=120413173&loc=SL116631458-115580 + Details
Name: | us-gaap_RestrictedCashAndCashEquivalentsNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_SecuredDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, before valuation allowance, of accounts receivable held for sale. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 45 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124259787&loc=d3e4428-111522 + Details
Name: | us-gaap_TradeReceivablesHeldForSaleAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | dei_LegalEntityAxis=biox_Cik0001441693ProFarmGroupIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=biox_LSQFundingGroupLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=biox_DomesticReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=biox_InternationalReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=biox_ReserveShortfallLetterMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=biox_TheAddendumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=biox_BusinessLoanAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_PrimeRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=biox_OctoberTwoThousandTwelveAndAprilTwoThousandThirteenSecuredPromissoryNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=biox_JuneTwoThousandAndFourteenSecuredPromissoryNoteMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=biox_AugustTwoThousandFifteenSeniorSecuredPromissoryNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |