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Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 60,450 $ 89,402
Restricted cash 674 524
Accounts receivable, net of allowance for credit losses of $2,791 and $3,079 as of March 31, 2024, and June 30, 2023, respectively [1] 73,154 74,777
Inventories 159,566 145,150
Prepaid expenses and other current assets [2] 19,043 27,612
Deferred cost of revenue 1,023 568
Total current assets 313,910 338,033
Property and equipment, net 25,387 20,926
Investment in joint venture 13,586 15,128
Operating lease right-of-use assets, net 29,127 25,853
Goodwill 57,682 57,681
Intangible assets, net 70 210
Restricted cash 1,030 1,276
Other assets 21,735 20,107
Total assets 462,527 479,214
Current liabilities:    
Accounts payable 44,430 33,739
Accrued compensation 21,604 23,793
Operating lease liabilities, current 5,279 4,151
Other accrued liabilities 30,703 38,271
Customer advances 15,392 20,777
Deferred revenue 73,734 72,185
Short-term debt 7,248 5,721
Total current liabilities 198,390 198,637
Long-term liabilities:    
Operating lease liabilities, non-current 28,217 23,602
Long-term other liabilities 4,969 4,675
Deferred revenue, non-current 23,624 27,079
Long-term debt 166,246 171,562
Total liabilities 421,446 425,555
Commitments and contingencies (Note 8)
Stockholders' equity:    
Common stock, $0.001 par value; authorized: 200,000,000 shares as of March 31, 2024, and June 30, 2023, respectively; issued and outstanding: 99,244,173 and 96,534,609 shares at March 31, 2024, and June 30, 2023, respectively 99 97
Additional paid-in-capital 563,958 555,276
Accumulated other comprehensive income (loss) (1,908) 422
Accumulated deficit (521,068) (502,136)
Total stockholders' equity 41,081 53,659
Total liabilities and stockholders' equity $ 462,527 $ 479,214
[1] Includes accounts receivable from the joint venture, an equity method investment, of $17,563 and $10,304 at March 31, 2024, and June 30, 2023, respectively. See Note 13.
[2] Includes other receivables from the joint venture, an equity method investment, of $100 at June 30, 2023. There were no other receivables from the joint venture at March 31, 2024.