Selected Consolidated Financial Statement Information

3 Months Ended

Sep. 30, 2022

Quarterly Financial Information Disclosure [Abstract]

Selected Consolidated Financial Statement Information

2. Selected Consolidated Financial Statement Information

Accounts Receivable, Net

Accounts receivable consists of the following:

	September 30,		June 30,
	2022		2022
Accounts receivable	$	41,561	$	40,974
Less: Allowance for doubtful accounts	(1,302)		(1,296)
Accounts receivable, net	$	40,259	$	39,678

Inventories

Inventories consist of the following:

	September 30,		June 30,
	2022		2022
Raw materials	$	14,274	$	13,780
Work in process	3,832		2,785
Finished goods	19,838		18,002
Inventories	$	37,944	$	34,567

The total inventory reserve at September 30, 2022 and June 30, 2022 was $3,761 and $4,128, respectively.

Property and Equipment, Net

Property and equipment consists of the following:

	September 30,		June 30,
	2022		2022
Land	$	572	$	572
Building	22,420		22,420
Equipment	24,741		24,340
Furniture	3,376		3,376
Leasehold improvements	812		812
Construction in progress	3,067		2,670
	54,988		54,190
Less: Accumulated depreciation	(26,029)		(25,155)
Property and equipment, net	$	28,959	$	29,035

Accrued Expenses

Accrued expenses consist of the following:

	September 30,		June 30,
	2022		2022
Salaries and bonus	6,197		8,082
Commissions	5,797		8,104
Accrued vacation	2,280		2,345
Accrued excise, sales and other taxes	967		953
Clinical studies	902		1,082
Other	3,561		2,898
Accrued expenses	$	19,704	$	23,464

Other Liabilities

WIRION Acquisition Consideration

Following the successful completion of the manufacturing transfer of the WIRION system to the Company, the Company has agreed to pay an additional consideration of $10,000, half of which may be paid by the Company through an issuance of shares of its common stock. The Company reviewed this liability in response to the voluntary recall of the WIRION system and determined that it remains probable and appropriately recorded in other liabilities as of September 30, 2022, although this payment will be made at a later date than originally anticipated due to the recall.