Summary of Business and Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2020

Summary of Business and Significant Accounting Policies

Schedule of Financial Impact on Adoption of ASC 842

	Balance at June 30, 2019		Adjustments due to ASC 842			Balance at July 1, 2019
Balance sheet captions:
Prepaid expenses		2,517		(114)	1		2,403
Total current assets		56,589		(114)	1		56,475
Operating lease right-of-use assets (Note 6)		—		4,494	1,2,3		4,494
Total assets		73,754		4,380	1,2,3		78,134
Accrued liabilities		2,353		(143)	3		2,210
Operating lease liabilities (Note 6)		—		1,653	4		1,653
Total current liabilities		42,694		1,510	3, 4		44,204
Operating lease liabilities, net of current portion (Note 6)		—		3,104	4		3,104
Other long-term liabilities		952		(234)	4		718
Total liabilities		49,447		4,380	3,4		53,827
Total liabilities and stockholders' equity		73,754		4,380	3,4		78,134

1. Represents prepaid rent reclassified to operating lease right-of-use assets.

2. Represents capitalization of operating lease right-of-use assets.

3. Represents reclassification of deferred rent reclassified to operating lease right-of-use assets.

4. Represents recognition of operating lease liabilities.

Schedule of Revenue and Income from Operations by Geographic Area

Revenue by geography is generally determined on the region of our contracting entity rather than the region of our customer. Information relating to our geographic areas for the three and nine months ended March 31, 2020 and 2019 is as follows (in thousands):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Revenue:
North America	$	11,485	$	9,669	$	32,049	$	28,209
Europe, Middle East, & Africa		6,869		7,335		21,650		22,199
Total revenue	$	18,354	$	17,004	$	53,699	$	50,408
Income from operations:
North America	$	167	$	1,270	$	(468)	$	2,219
Europe, Middle East, & Africa		2,952		1,740		9,436		6,101
Asia Pacific		(1,362)		(1,221)		(4,115)		(3,648)
Income from operations	$	1,757	$	1,789	$	4,853	$	4,672

Schedule of Long-lived Assets by Geographic Location

In addition, long-lived assets, which consist primarily of property and equipment and operating lease right-of-use assets, corresponding to our geographic areas are as follows (in thousands):

	March 31,		June 30,
	2020		2019
Long-lived Assets:
North America	$	2,611	$	206
Europe, Middle East, & Africa		756		112
Asia Pacific		625		207
Long-lived Assets	$	3,992	$	525

Summary of Stock-based Compensation Included in Costs and Expenses

Below is a summary of stock-based compensation included in the costs and expenses (in thousands): 

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Stock-Based Compensation Expense:
Cost of revenue	$	62	$	97	$	148	$	241
Research and development		171		163		549		387
Sales and marketing		144		81		422		181
General and administrative		83		158		274		388
Total stock-based compensation expense	$	460	$	499	$	1,393	$	1,197

Summary of Stock Option Assumptions

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Expected volatility	71	%	71	%	70	%	67	%
Average risk-free interest rate	1.16	%	2.47	%	1.55	%	2.81	%
Expected life (in years)	4.34		4.43		4.33		4.35
Dividend yield	—		—		—		—

Summary of Employee Stock Purchase Plan (ESPP) assumptions

	Three and Nine Months Ended
	March 31, 2020
Expected term (in years)		0.50
Volatility		64	%
Expected dividend		—
Risk-free interest rate		2.04	%
Estimated forfeiture rate		—