XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Jun. 30, 2021
Current assets:      
Cash and cash equivalents $ 97,839   $ 116,369
Restricted cash 205   560
Accounts receivable, net of allowance for credit losses of $1,058 and $1,048 as of March 31, 2022 and June 30, 2021, respectively [1] 89,295   85,360
Inventories 137,519   125,929
Prepaid expenses and other current assets [2] 21,987   21,547
Deferred cost of revenue 351   3,008
Total current assets 347,196   352,773
Property and equipment, net 12,220   12,332
Investment in joint venture 14,251   15,935
Operating lease right-of-use assets, net 17,851   22,522
Goodwill 58,000   57,960
Intangible assets, net 286   435
Restricted cash 1,244   1,272
Other assets 18,388   16,869
Total assets 469,436   480,098
Current liabilities:      
Accounts payable 32,364   19,467
Accrued compensation 25,461   26,865
Operating lease liabilities, current 8,351   8,169
Other accrued liabilities 26,018   27,471
Customer advances 24,363   24,937
Deferred revenue 76,732   81,660
Short-term debt 8,051   3,790
Total current liabilities 201,340   192,359
Long-term liabilities:      
Operating lease liabilities, non-current 11,929   17,441
Long-term other liabilities 6,812   7,766
Deferred revenue 24,550   23,685
Long-term debt 173,196   170,007
Total liabilities 417,827   411,258
Commitments and contingencies (Note 9)  
Stockholders' equity:      
Common stock, $0.001 par value; authorized: 200,000,000 shares as of March 31, 2022 and June 30, 2021, respectively; issued and outstanding: 92,802,213 and 90,821,661 shares at March 31, 2022 and June 30, 2021, respectively 93   91
Additional paid-in-capital 539,383   554,680
Accumulated other comprehensive income 1,203   2,093
Accumulated deficit (489,070)   (488,024)
Total stockholders' equity 51,609 $ 50,994 68,840
Total liabilities and stockholders' equity $ 469,436   $ 480,098
[1] Includes trade receivable from the China joint venture, an equity method investment of $24,146 and $8,822 at March 31, 2022 and June 30, 2021, respectively. See Note 14.
[2] Includes other receivable from the China joint venture, an equity method investment of $616 and $187 at March 31, 2022 and June 30, 2021, respectively.