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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Net revenue:    
Total net revenue $ 103,892 $ 96,493
Cost of revenue:    
Total cost of revenue [1] 64,399 61,896
Gross profit 39,493 34,597
Operating expenses:    
Research and development [2] 14,013 14,092
Selling and marketing 10,244 10,795
General and administrative 13,023 11,892
Total operating expenses 37,280 36,779
Income (loss) from operations 2,213 (2,182)
Income (loss) from equity method investment, net 431 (368)
Other expense, net (3,681) (2,558)
Loss before provision for income taxes (1,037) (5,108)
Provision for income taxes 1,932 341
Net loss $ (2,969) $ (5,449)
Net loss per share - basic $ (0.03) $ (0.06)
Net loss per share - diluted $ (0.03) $ (0.06)
Weighted average common shares used in computing net loss per share:    
Basic 96,555 93,529
Diluted 96,555 93,529
Net Income (Loss) $ (2,969) $ (5,449)
Foreign currency translation adjustment (2,138) (3,655)
Comprehensive loss (5,107) (9,104)
Products    
Net revenue:    
Total net revenue [3] 53,350 44,623
Cost of revenue:    
Total cost of revenue 35,699 28,850
Services    
Net revenue:    
Total net revenue [4] 50,542 51,870
Cost of revenue:    
Total cost of revenue $ 28,700 $ 33,046
[1] Includes cost of revenue from sales to the joint venture, an equity method investment, of $15,271 and $5,907 during the three months ended September 30, 2023 and 2022, respectively.
[2] Includes charge backs to the joint venture, an equity method investment, related to research and development of $132 and $779 during the three months ended September 30, 2023 and 2022, respectively.
[3] Includes sales of products to the joint venture, an equity method investment, of $21,952 and $8,869 during the three months ended September 30, 2023 and 2022, respectively. See Note 13.
[4] Includes sales of services to the joint venture, an equity method investment, of $2,854 and $2,957 during the three months ended September 30, 2023 and 2022, respectively, See Note 13.