Income Taxes (Tables)

12 Months Ended

Jun. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of components of loss before provision for income taxes on the accompanying statements of operations and comprehensive loss

Loss before provision for income taxes on the accompanying statements of operations and comprehensive loss included the following components (in thousands):

	Years Ended June 30,
	2024			2023			2022
Domestic	$	(25,184	)	$	(17,489	)	$	(14,092	)
Foreign		13,364			10,701			12,090
Total loss before provision for income taxes	$	(11,820	)	$	(6,788	)	$	(2,002	)

Schedule of provision for income taxes

The provision for income taxes consisted of the following (in thousands):

	Years Ended June 30,
	2024		2023		2022
Current:
Federal	$	—	$	—	$	—
State		133		—		25
Foreign		2,190		2,036		1,535
Total current	$	2,323	$	2,036	$	1,560
Deferred:
Federal		—		—		—
State		—		—		—
Foreign		1,402		456		1,785
Total deferred		1,402		456		1,785
Total provision for income taxes	$	3,725	$	2,492	$	3,345

Schedule of reconciliation of income taxes at the statutory federal income tax rate to the provision for income taxes included in the accompanying consolidated statements of operations and comprehensive loss

A reconciliation of income taxes at the statutory federal income tax rate to the provision for income taxes included in the accompanying consolidated statements of operations and comprehensive loss is as follows (in thousands):

	Years Ended June 30,
	2024			2023			2022
U.S. federal taxes (benefit):
At federal statutory rate	$	(2,482	)	$	(1,426	)	$	(420	)
State tax, net of federal benefit		133			—			25
Share-based compensation expense		629			1,189			592
Research and development credits		(209	)		(1,181	)		(415	)
Foreign taxes		(167	)		(164	)		(948	)
Deferred tax on foreign earnings		952			408			1,730
Global intangible low-taxed income		1,335			927			2,124
Change in valuation allowance		3,202			2,546			502
Other non-deductible permanent items		332			193			252
Other		—			—			(97	)
Total provision for income taxes	$	3,725		$	2,492		$	3,345

Schedule of significant components of net deferred tax assets (liabilities)

Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s net deferred tax assets (liabilities) were as follows (in thousands):

	June 30,
	2024			2023
Deferred tax assets:
Federal and state net operating losses	$	66,463		$	69,157
Accrued expenses and reserves		4,523			7,083
Lease liability		6,332			5,401
Deferred revenue		3,269			4,275
Research and development credits		26,669			26,425
Share-based compensation expense		1,405			1,367
Capitalized research and development		19,464			13,042
Unicap		541			587
Fixed assets/intangibles		644			946
Section 163(j) interest		2,776			1,702
Other		6			245
Total deferred tax assets		132,092			130,230
Deferred tax liabilities:
Contract acquisition costs		(1,228	)		(1,602	)
Right of use assets		(5,288	)		(4,941	)
Deferred tax on foreign earnings		(2,499	)		(1,547	)
Total deferred tax liabilities		(9,015	)		(8,090	)
Valuation allowance		(125,944	)		(123,528	)
Net deferred tax liabilities	$	(2,867	)	$	(1,388	)

Schedule of aggregate changes in the balance of gross unrecognized tax benefits

The aggregate changes in the balance of gross unrecognized tax benefits were as follows (in thousands):

	Years Ended June 30,
	2024			2023			2022
Balance at beginning of year	$	21,565		$	19,810		$	18,765
Tax positions related to current year:
Additions		1,064			1,692			1,222
Tax positions related to prior years:
Additions		—			652			61
Reductions		(585	)		(589	)		(238	)
Balance at end of year	$	22,044		$	21,565		$	19,810