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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net loss $ (10,631) $ (8,618)
Adjustments to reconcile net loss to net cash from operating activities    
Depreciation of property and equipment 874 954
Amortization of intangible assets 346 304
Stock-based compensation 4,438 5,672
Amortization of premium (accretion of discount) on marketable securities 184 (380)
Other (27) 5
Changes in assets and liabilities    
Accounts receivable (587) 3,584
Inventories (3,377) (814)
Prepaid expenses and other assets (1,127) 28
Accounts payable 2,264 (895)
Accrued expenses and other liabilities (4,228) (10,846)
Deferred revenue (1,413) (538)
Net cash used in operating activities (13,652) (10,784)
Cash flows from investing activities    
Purchases of property and equipment (688) (1,103)
Acquisitions   (1,700)
Investments in strategic ventures (575) (50)
Purchases of marketable securities (31,763) (38,462)
Sales of marketable securities 11,989 6,721
Maturities of marketable securities 32,375 46,200
Net cash provided by investing activities 11,338 11,606
Cash flows from financing activities    
Payments of employee taxes related to vested restricted stock (1,191) (4,990)
Exercise of stock options   12
Principal payments made on financing obligation (69) (50)
Net cash used in financing activities (1,260) (5,028)
Net change in cash and cash equivalents (3,574) (4,206)
Cash and cash equivalents    
Beginning of period 66,424 71,070
End of period $ 62,850 $ 66,864