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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 123,196 $ 116,369
Restricted cash 244 560
Accounts receivable, net of allowance for credit losses of $1,199 and $1,048 as of December 31, 2021 and June 30, 2021, respectively [1] 81,905 85,360
Inventories 123,680 125,929
Prepaid expenses and other current assets [2] 20,940 21,547
Deferred cost of revenue 1,355 3,008
Total current assets 351,320 352,773
Property and equipment, net 12,208 12,332
Investment in joint venture 14,678 15,935
Operating lease right-of-use assets, net 19,429 22,522
Goodwill 58,006 57,960
Intangible assets, net 322 435
Restricted cash 1,256 1,272
Other assets 18,282 16,869
Total assets 475,501 480,098
Current liabilities:    
Accounts payable 29,258 19,467
Accrued compensation 24,184 26,865
Operating lease liabilities, current 8,327 8,169
Other accrued liabilities 33,883 27,471
Customer advances 24,610 24,937
Deferred revenue 76,585 81,660
Short-term debt 7,541 3,790
Total current liabilities 204,388 192,359
Long-term liabilities:    
Operating lease liabilities, non-current 13,756 17,441
Long-term other liabilities 6,696 7,766
Deferred revenue 25,175 23,685
Long-term debt 174,492 170,007
Total liabilities 424,507 411,258
Commitments and contingencies (Note 9)
Stockholders' equity:    
Common stock, $0.001 par value; authorized: 200,000,000 shares as of December 31, 2021 and June 30, 2021, respectively; issued and outstanding: 92,733,531 and 90,821,661 shares at December 31, 2021 and June 30, 2021, respectively 93 91
Additional paid-in-capital 536,709 554,680
Accumulated other comprehensive income 2,216 2,093
Accumulated deficit (488,024) (488,024)
Total stockholders' equity 50,994 68,840
Total liabilities and stockholders' equity $ 475,501 $ 480,098
[1] Includes trade receivable from the China joint venture, an equity method investment of $11,735 and $8,822 at December 31, 2021 and June 30, 2021, respectively. See Note 14.
[2] Includes other receivable from the China joint venture, an equity method investment of $415 and $187 at December 31, 2021 and June 30, 2021, respectively.