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Share-Based and Other Non-Cash Compensation (Tables)
12 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of the Number of Common Shares Available for Future Issuance

The following table summarizes the number of common shares available for future issuance under the plans discussed above as of June 30, 2025:

Shares of Common Stock Available for Future Issuance

 

Shares

 

2016 Long-Term Incentive Plan

 

 

1,449,715

 

2016 Employee Stock Purchase Plan

 

 

944,000

 

Total

 

 

2,393,715

 

Activity of Restricted Stock Awards and Restricted Stock Units

The following table presents activity related to the Company’s restricted stock awards and restricted stock units for the year ended June 30, 2025:

Restricted Stock Awards and Restricted Stock Units

 

Shares
(in thousands)

 

 

Weighted Average Grant Date Fair Value

 

Outstanding at June 30, 2024

 

 

1,597

 

 

$

1.96

 

Granted

 

 

1,003

 

 

 

1.84

 

Vested

 

 

(1,279

)

 

 

1.90

 

Forfeited

 

 

(244

)

 

 

1.96

 

Outstanding at June 30, 2025

 

 

1,077

 

 

$

1.93

 

Summary of Option Activity

The following table presents activity related to the Company’s stock options for the year ended June 30, 2025:

Stock Options

 

Shares
(in thousands)

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Term (years)

 

 

Aggregate Intrinsic Value
(in thousands)

 

Outstanding at June 30, 2024

 

 

3,264

 

 

$

2.70

 

 

 

6.44

 

 

$

-

 

Forfeited, cancelled or expired

 

 

(258

)

 

 

4.20

 

 

 

-

 

 

 

-

 

Outstanding at June 30, 2025

 

 

3,006

 

 

$

2.57

 

 

 

6.00

 

 

$

-

 

Exercisable at June 30, 2025

 

 

1,006

 

 

$

3.60

 

 

 

2.28

 

 

$

-

 

There were no options granted during the year ended June 30, 2025. There were no options granted, forfeited, cancelled or expired during the year ended June 30, 2024.