Joint Venture	6 Months Ended
Dec. 31, 2020
Equity Method Investments And Joint Ventures [Abstract]
Joint Venture	Note 14. Joint Venture In January 2019, the Company’s wholly-owned subsidiary, Accuray Asia Limited (“Accuray Asia”), entered into an agreement with CNNC High Energy Equipment (Tianjin) Co., Ltd. (the “CIRC Subsidiary”), a wholly-owned subsidiary of China Isotope & Radiation Corporation, to form a joint venture, CNNC Accuray (Tianjin) Medical Technology Co. Ltd. (the “JV”), to manufacture and sell radiation oncology systems in China. In exchange for a 49% equity interest in the JV, the Company, made in-kind capital contributions of two full radiation oncology systems in the quarter ended December 31, 2019 and one system upgrade in the quarter ended September 30, 2020, all of which was not to be sold and only be used for training purposes by the JV. The investments are reported as an Investment in joint venture on the Company’s consolidated balance sheets. During the quarter ended December 31, 2019, the Company recognized non-operating gain of $13.0 million related to the value of the capital contribution made to the JV during the quarter ended December 31, 2019, which was recorded in other income. During the three and six months ended December 31, 2020, the Company recognized non-cash revenue of $1.4 million with corresponding associated costs of $0.2 million recorded to costs of revenue related to the value of the capital contribution made to the JV during the three and six months ended December 31, 2020. The Company applies the equity method of accounting to its ownership interest in the JV as the Company has the ability to exercise significant influence over the JV but lacks controlling financial interest and is not the primary beneficiary. The Company recognizes revenue on sales to the JV in the current period, eliminating a portion of profit to the extent goods sold have not been sold through by the JV to an end customer at the end of such reporting period. The Company deferred $1.3 million and $1.8 million of intra-entity profit margin as of December 31, 2020 and June 30, 2020, respectively. During the three months ended December 31, 2020, the Company recognized $0.6 million of previously deferred intra-entity profit margin from sales and recorded intra-entity profit margin deferral of $0.3 million from sales executed during the period. During the six months ended December 31, 2020, the Company recognized $1.5 million of previously deferred intra-entity profit margin from sales and recorded intra-entity profit margin deferral of $0.9 million from system sales executed during the period. The Company’s consolidated accumulated deficit includes $0.9 million of accumulated income related to the Company’s equity method investment. As of December 31, 2020, the Company’s carrying value of the investment in the JV was $17.0 million. The carrying value of the Company’s investment includes an intra-entity profit of $1.3 million that is not considered in the goodwill assessment of the investment . The Company’s proportional share of the underlying equity in net assets of the JV was approximately $13.8 million. The difference represents equity method goodwill, which was $ $4.5 million at December 31, 2020 and is subject to impairment analysis. No impairment was identified as of December 31, 2020.

Joint Venture

6 Months Ended

Dec. 31, 2020

Equity Method Investments And Joint Ventures [Abstract]

Note 14. Joint Venture

In January 2019, the Company’s wholly-owned subsidiary, Accuray Asia Limited (“Accuray Asia”), entered into an agreement with CNNC High Energy Equipment (Tianjin) Co., Ltd. (the “CIRC Subsidiary”), a wholly-owned subsidiary of China Isotope & Radiation Corporation, to form a joint venture, CNNC Accuray (Tianjin) Medical Technology Co. Ltd. (the “JV”), to manufacture and sell radiation oncology systems in China.

In exchange for a 49% equity interest in the JV, the Company, made in-kind capital contributions of two full radiation oncology systems in the quarter ended December 31, 2019 and one system upgrade in the quarter ended September 30, 2020, all of which was not to be sold and only be used for training purposes by the JV. The investments are reported as an Investment in joint venture on the Company’s consolidated balance sheets. During the quarter ended December 31, 2019, the Company recognized non-operating gain of $13.0 million related to the value of the capital contribution made to the JV during the quarter ended December 31, 2019, which was recorded in other income. During the three and six months ended December 31, 2020, the Company recognized non-cash revenue of $1.4 million with corresponding associated costs of $0.2 million recorded to costs of revenue related to the value of the capital contribution made to the JV during the three and six months ended December 31, 2020.

The Company applies the equity method of accounting to its ownership interest in the JV as the Company has the ability to exercise significant influence over the JV but lacks controlling financial interest and is not the primary beneficiary. The Company recognizes revenue on sales to the JV in the current period, eliminating a portion of profit to the extent goods sold have not been sold through by the JV to an end customer at the end of such reporting period. The Company deferred $1.3 million and $1.8 million of intra-entity profit margin as of December 31, 2020 and June 30, 2020, respectively. During the three months ended December 31, 2020, the Company recognized $0.6 million of previously deferred intra-entity profit margin from sales and recorded intra-entity profit margin deferral of $0.3 million from sales executed during the period. During the six months ended December 31, 2020, the Company recognized $1.5 million of previously deferred intra-entity profit margin from sales and recorded intra-entity profit margin deferral of $0.9 million from system sales executed during the period. The Company’s consolidated accumulated deficit includes $0.9 million of accumulated income related to the Company’s equity method investment.

As of December 31, 2020, the Company’s carrying value of the investment in the JV was $17.0 million. The carrying value of the Company’s investment includes an intra-entity profit of $1.3 million that is not considered in the goodwill assessment of the investment . The Company’s proportional share of the underlying equity in net assets of the JV was approximately $13.8 million. The difference represents equity method goodwill, which was $ $4.5 million at December 31, 2020 and is subject to impairment analysis. No impairment was identified as of December 31, 2020.