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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Jun. 30, 2021
Current assets:    
Cash and cash equivalents $ 88,737 $ 116,369
Restricted cash 204 560
Accounts receivable, net of allowance for credit losses of $1,000 and $1,048 as of June 30, 2022 and June 30, 2021, respectively [1] 94,442 85,360
Inventories 142,254 125,929
Prepaid expenses and other current assets [2] 23,794 21,547
Deferred cost of revenue 1,459 3,008
Total current assets 350,890 352,773
Property and equipment, net 12,685 12,332
Investment in joint venture 13,879 15,935
Operating lease right-of-use assets, net 16,798 22,522
Goodwill 57,840 57,960
Intangible assets, net 250 435
Restricted cash 1,213 1,272
Other assets 19,294 16,869
Total assets 472,849 480,098
Current liabilities:    
Accounts payable 31,337 19,467
Accrued compensation 29,441 26,865
Operating lease liabilities, current 8,567 8,169
Other accrued liabilities 30,285 27,471
Customer advances 25,290 24,937
Deferred revenue 75,375 81,660
Short-term debt 8,563 3,790
Total current liabilities 208,858 192,359
Long-term liabilities:    
Operating lease liabilities, non-current 10,453 17,441
Long-term other liabilities 3,748 7,766
Deferred revenue 24,694 23,685
Long-term debt 171,907 170,007
Total liabilities 419,660 411,258
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.001 par value; authorized: 5,000,000 shares; no shares issued and outstanding 0 0
Common stock, $0.001 par value; authorized: 200,000,000 shares as of June 30, 2022 and June 30, 2021, respectively; issued and outstanding: 93,499,500 and 90,821,661 shares at June 30, 2022 and June 30, 2021, respectively 94 91
Additional paid-in-capital 543,211 554,680
Accumulated other comprehensive income 2,406 2,093
Accumulated deficit (492,522) (488,024)
Total stockholders' equity 53,189 68,840
Total liabilities and stockholders’ equity $ 472,849 $ 480,098
[1] Included accounts receivable from the China joint venture of $24,828 and $8,822 at June 30, 2022 and June 30, 2021, respectively. See Note 13
[2] Included other receivable from the China joint venture of $861 at June 30, 2022 and $187 at June 30, 2021, respectively.