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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net loss $ (18,932) $ (6,724)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,398 3,430
Share-based compensation 7,441 7,601
Amortization of debt issuance costs 711 688
Recovery from credit losses (145) (410)
Provision for write-down of inventories 3,682 2,565
Loss on disposal of property and equipment 5 55
Income from equity method investment (1,028) (960)
Net revenue deferred from intra-entity profit margin from sales 2,156 1,333
Changes in assets and liabilities:    
Accounts receivable 1,869 18,970
Inventories (22,667) (9,530)
Prepaid expenses and other assets 4,426 (5,946)
Deferred cost of revenue (446) 1,176
Accounts payable 11,979 (2,008)
Operating lease liabilities, net of operating lease right-of-use assets (123) (153)
Accrued compensation and accrued liabilities (8,931) (623)
Customer advances (5,296) (3,391)
Deferred revenues (885) 585
Net cash provided by (used in) operating activities (21,786) 6,658
Cash flows from investing activities    
Purchases of property and equipment (3,136) (4,579)
Acquisition of assets 0 (59)
Purchase of intangible asset 0 (67)
Net cash used in investing activities (3,136) (4,705)
Cash flows from financing activities    
Proceeds from the issuance of common stock to employees 1,360 1,139
Taxes paid related to net share settlement of equity awards (117) (116)
Debt issuance costs 0 (248)
Paydown under Term Loan Facility (4,500) (4,500)
Repayments of convertible notes 0 (2,865)
Borrowings under Revolving Credit Facility 0 5,000
Net cash used in financing activities (3,257) (1,590)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (869) 333
Net increase (decrease) in cash, cash equivalents and restricted cash (29,048) 696
Cash, cash equivalents and restricted cash at beginning of period 91,202 90,154
Cash, cash equivalents and restricted cash at end of period 62,154 90,850
Supplemental non-cash disclosure:    
Transfers from inventory to property and equipment, net 3,285 0
Leasehold improvement from lease incentive 2,593 0
Unpaid purchase of property and equipment and end of period $ 174 $ 104