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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Net revenue:      
Revenue $ 446,551 $ 447,605 $ 429,909
Cost of revenue:      
Total cost of revenue [1] 303,630 293,645 269,954
Gross profit 142,921 153,960 159,955
Operating expenses:      
Research and development [2] 49,732 57,129 57,752
Selling and marketing 42,619 46,178 49,664
General and administrative 50,066 48,271 44,391
Total operating expenses 142,417 151,578 151,807
Income from operations 504 2,382 8,148
Income on equity method investment 1,838 2,572 241
Interest expense (11,624) (10,632) (8,129)
Other expense, net (2,538) (1,110) (2,262)
Total loss before provision for income taxes (11,820) (6,788) (2,002)
Provision for income taxes 3,725 2,492 3,345
Net loss $ (15,545) $ (9,280) $ (5,347)
Net loss per share, Basic $ (0.16) $ (0.1) $ (0.06)
Net loss per share, Diluted $ (0.16) $ (0.1) $ (0.06)
Weighted average common shares used in computing net loss per share:      
Basic 98,272 94,884 92,095
Diluted 98,272 94,884 92,095
Net Income (Loss) $ (15,545) $ (9,280) $ (5,347)
Foreign currency translation adjustment (2,445) (791) (3,998)
Change in defined benefit pension obligation (2,199) (1,193) 4,311
Comprehensive loss (20,189) (11,264) (5,034)
Products      
Net revenue:      
Revenue [3] 234,164 233,192 214,715
Cost of revenue:      
Total cost of revenue 161,061 153,627 127,287
Services      
Net revenue:      
Revenue [4] 212,387 214,413 215,194
Cost of revenue:      
Total cost of revenue $ 142,569 $ 140,018 $ 142,667
[1] Includes cost of revenue from sales to the joint venture, an equity method investment, of $59,853 during the year ended June 30, 2024, $37,772 during the year ended June 30, 2023, and $35,237 during the year ended June 30, 2022, respectively. See Note 11.
[2] Includes charge backs to the joint venture, an equity method investment, related to research and development of $942 during the year ended June 30, 2024, $1,463 during the year ended June 30, 2023, and $2,336 during the year ended June 30, 2022, respectively.
[3] Includes sales of products to the joint venture, an equity method investment, of $77,497 during the year ended June 30, 2024, $55,658 during the year ended June 30, 2023, and $45,545 during the year ended June 30, 2022, respectively. See Note 11.
[4] Includes sales of services to the joint venture, an equity method investment, of $15,039 during the year ended June 30, 2024, $10,919 during the year ended June 30, 2023, and $10,332 during the year ended June 30, 2022, respectively. See Note 11.