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Stock-Based Compensation (Tables)
12 Months Ended
Jun. 30, 2023
Stock-Based Compensation [Abstract]  
Range Of Assumptions Used To Value Options Granted
2022
2021
Expected volatility
 
50
%
62
%
Expected dividends
 
0
%
0
%
Expected life (in years)
 
3.0
2.8
Risk-free rate
 
1.61
%
0.19
%
Summarized Stock Option Activity
Number of
shares
Weighted
average
exercise
price
($)
Weighted
average
remaining
contractual
term
(in years)
Aggregate
intrinsic
value
($'000)
Weighted
average
grant date
fair value
($)
Outstanding - July 1, 2020
1,331,651
5.83
7.56
-
2.01
Granted – August 2020
150,000
3.50
3.00
166
1.11
Granted – November 2020
560,000
3.01
10.00
691
1.23
Exercised
(17,335)
3.07
-
35
-
Forfeited
(729,484)
6.65
-
2.24
Outstanding - June 30, 2021
1,294,832
3.93
7.68
1,624
1.45
Granted – February 2022
137,620
4.87
10.00
235
1.71
Exercised
(249,521)
3.05
-
470
-
Forfeited
(256,706)
4.53
-
1.69
Outstanding - June 30, 2022
926,225
4.14
6.60
1,249
1.60
Exercised
(158,659)
3.04
-
200
-
Forfeited
(94,292)
3.99
-
1.81
Outstanding - June 30, 2023
673,274
4.37
5.14
239
1.67
Number of
shares
Weighted
average
exercise
price
($)
Weighted
average
remaining
contractual
term
(in years)
Aggregate
intrinsic
value
($’000)
Vested
 
and expecting to vest - June 30, 2023
673,274
4.37
5.14
239
Number of
shares
Weighted
average
exercise
price
($)
Weighted
average
remaining
contractual
term
(in years)
Aggregate
intrinsic
value
($’000)
Exercisable - June 30, 2023
502,813
4.57
4.25
160
Restricted Stock Activity
Number of shares of
restricted stock
Weighted average grant
date fair value
($’000)
Non-vested – July 1, 2020
1,115,500
5,354
Granted – May 2021
254,560
1,035
Total vested
(311,300)
1,037
Vested
 
– August 2020
(244,500)
812
Vested
 
– September 2020 - accelerated vesting
 
(66,800)
225
Total forfeitures
(674,200)
2,690
Forfeitures - employee terminations
(644,200)
2,542
Forfeitures – September 2018 awards with market conditions
 
(30,000)
148
Non-vested – June 30, 2021
384,560
1,123
Total granted
2,168,110
11,097
Granted – July 2021
234,608
963
Granted – August 2021
44,986
192
Granted – November and December 2021
326,158
1,766
Granted – December 2021
50,300
269
Granted – February 2022
29,920
146
Granted – March 2022
207,859
1,097
Granted – April 2022
1,250,486
6,540
Granted – May 2022
23,793
124
Total granted and vested - November and December 2021
-
-
Granted - November and December 2021
71,647
393
Vested
 
- November and December 2021
(71,647)
393
Total vested
(61,861)
306
Total forfeitures
(105,542)
542
Forfeitures - employee terminations
(75,542)
382
Forfeitures – September 2018 awards with market conditions
 
(30,000)
160
Non-vested – June 30, 2022
2,385,267
11,879
Total granted
1,085,981
4,411
Granted – July 2022
32,582
172
Granted – August 2022
179,498
995
Granted - November 2022
150,000
605
Granted - December 2022
430,399
1,862
Granted - January 2023
11,806
57
Granted - June 2023
23,828
124
Granted - December 2022 - performance awards
257,868
596
Total vested
(742,464)
3,171
Vested
 
– July 2022
(78,801)
410
Vested
 
– November 2022
(59,833)
250
Vested
 
– December 2022
(7,060)
29
Vested
 
– February 2023
(19,179)
83
Vested
 
– March 2023
(69,286)
326
Vested
 
– April 2023
(418,502)
1,721
Vested
 
– May 2023
(61,861)
217
Vested
 
– June 2023
(27,942)
135
Granted - December 2022
300,000
1,365
Vested
 
- December 2022
(300,000)
1,365
Total forfeitures
(114,365)
554
Forfeitures - employee terminations
(34,365)
138
Forfeitures – February 2020 award with market condition
(80,000)
416
Non-vested – June 30, 2023
2,614,419
11,869
Recorded Net Stock Compensation Charge
Total
 
charge
Allocated to IT
processing,
servicing and
support
Allocated to
selling, general
and
administration
Year
 
ended June 30, 2023
Stock-based compensation charge
 
$
7,673
$
-
$
7,673
Reversal of stock compensation charge related to stock
options and restricted stock forfeited
(364)
-
(364)
Total - year ended June
 
30, 2023
$
7,309
$
-
$
7,309
Year
 
ended June 30, 2022
Stock-based compensation charge
 
$
3,082
$
-
$
3,082
Reversal of stock compensation charge related to stock
options and restricted stock forfeited
(120)
-
(120)
Total - year ended June
 
30, 2022
$
2,962
$
-
$
2,962
Year
 
ended June 30, 2021
Stock-based compensation charge
 
$
1,430
$
-
$
1,430
Reversal of stock compensation charge related to stock
options and restricted stock forfeited
(1,086)
-
(1,086)
Total - year ended June
 
30, 2021
$
344
$
-
$
344