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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 72,756 $ 89,402
Restricted cash 485 524
Accounts receivable, net of allowance for credit losses of $2,866 and $3,079 as of December 31, 2023, and June 30, 2023, respectively [1] 77,397 74,777
Inventories 155,228 145,150
Prepaid expenses and other current assets [2] 25,020 27,612
Deferred cost of revenue 284 568
Total current assets 331,170 338,033
Property and equipment, net 25,919 20,926
Investment in joint venture 14,536 15,128
Operating lease right-of-use assets, net 23,094 25,853
Goodwill 57,771 57,681
Intangible assets, net 116 210
Restricted cash 1,251 1,276
Other assets 22,493 20,107
Total assets 476,350 479,214
Current liabilities:    
Accounts payable 39,180 33,739
Accrued compensation 21,345 23,793
Operating lease liabilities, current 5,707 4,151
Other accrued liabilities 36,253 38,271
Customer advances 22,677 20,777
Deferred revenue 77,406 72,185
Short-term debt 6,738 5,721
Total current liabilities 209,306 198,637
Long-term liabilities:    
Operating lease liabilities, non-current 21,758 23,602
Long-term other liabilities 4,804 4,675
Deferred revenue, non-current 24,809 27,079
Long-term debt 168,020 171,562
Total liabilities 428,697 425,555
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, $0.001 par value; authorized: 200,000,000 shares as of December 31, 2023, and June 30, 2023, respectively; issued and outstanding: 99,163,920 and 96,534,609 shares at December 31, 2023, and June 30, 2023, respectively 99 97
Additional paid-in-capital 561,223 555,276
Accumulated other comprehensive income 1,057 422
Accumulated deficit (514,726) (502,136)
Total stockholders' equity 47,653 53,659
Total liabilities and stockholders' equity $ 476,350 $ 479,214
[1] Includes accounts receivable from the joint venture, an equity method investment, of $19,893 and $10,304 at December 31, 2023, and June 30, 2023, respectively. See Note 13.
[2] Includes other receivables from the joint venture, an equity method investment, of $67 and $100 at December 31, 2023, and June 30, 2023, respectively.