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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Net revenue:        
Total net revenue $ 114,760 $ 116,275 $ 211,253 $ 223,717
Cost of revenue:        
Total cost of revenue [1] 71,793 73,648 133,689 141,566
Gross profit 42,967 42,627 77,564 82,151
Operating expenses:        
Research and development [2] 14,641 14,697 28,733 29,079
Selling and marketing 13,586 13,233 24,381 24,504
General and administrative 12,035 10,716 23,927 22,176
Total operating expenses 40,262 38,646 77,041 75,759
Income from operations 2,705 3,981 523 6,392
Loss on equity method investment, net (699) (832) (1,067) (1,172)
Other expense, net (2,831) (2,490) (5,389) (5,158)
Income (loss) before provision for income taxes (825) 659 (5,933) 62
Provision for income taxes 1,049 480 1,390 911
Net income (loss) $ (1,874) $ 179 $ (7,323) $ (849)
Net income (loss) per share - basic $ (0.02) $ 0.00 $ (0.08) $ (0.01)
Net income (loss) per share - diluted $ (0.02) $ 0.00 $ (0.08) $ (0.01)
Weighted average common shares used in computing net loss per share:        
Basic 94,567 91,761 94,048 91,299
Diluted 94,567 93,932 94,048 91,299
Net income (loss) $ (1,874) $ 179 $ (7,323) $ (849)
Foreign currency translation adjustment 2,790 (108) (865) 123
Comprehensive income (loss) 916 71 (8,188) (726)
Products        
Net revenue:        
Total net revenue [3] 63,269 60,721 107,892 113,480
Cost of revenue:        
Total cost of revenue 39,248 35,520 68,098 67,029
Services        
Net revenue:        
Total net revenue [4] 51,491 55,554 103,361 110,237
Cost of revenue:        
Total cost of revenue $ 32,545 $ 38,128 $ 65,591 $ 74,537
[1] Includes cost of revenue from sales to the China joint venture, an equity method investment, of $9,916 and $15,823 during the three and six months ended December 31, 2022, respectively, and $6,203 and $14,248 during the three and six months ended December 31, 2021, respectively.
[2] Includes charge back to the China joint venture, an equity method investment, related to a research and development project of $487 and $1,266 during the three and six months ended December 31, 2022, respectively, and $415 and $994 during the three and six months ended December 31, 2021, respectively.
[3] Includes sales to the China joint venture, an equity method investment, of $16,715 and $25,584 during the three and six months ended December 31, 2022, and $8,816 and $14,735 during the three and six months ended December 31, 2021, respectively. See Note 14.
[4] Includes sales to the China joint venture, an equity method investment, of $2,494 and $5,451 during the three and six months ended December 31, 2022, respectively, and $2,679 and $5,494 during the three and six months ended December 31, 2021, respectively. See Note 14.