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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income (loss) $ 36,184 $ (21,809)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Change in fair value of warrant liability 0 (1,603)
Share-based compensation 1,881 3,290
Issuance of warrants 0 500
Noncash lease expense 1,136 1,063
Depreciation expense 258 288
Changes in operating assets and liabilities:    
Unbilled receivables 85 5,464
Prepaid expenses and other current assets 4,144 (37)
Accounts payable (3,166) (3,529)
Accrued liabilities (7,073) 5,444
Deferred revenue (64,862) (29,316)
Operating lease liability (1,061) (937)
Net cash used in operating activities (32,474) (41,182)
Cash flows from investing activities:    
Purchases of short-term investments (58,232) (92,098)
Proceeds from maturity of short-term investments 87,835 126,386
Proceeds from the sale of property and equipment 0 6
Purchases of property and equipment (7) 0
Net cash provided by investing activities 29,596 34,294
Cash flows from financing activities:    
Payments of tax withholdings related to vesting of restricted stock units 0 (40)
Payment of cash dividend (11,660) 0
Net cash used in financing activities (11,660) (40)
Net decrease in cash and cash equivalents (14,538) (6,928)
Cash and cash equivalents at beginning of the period 16,906 15,740
Cash and cash equivalents at end of the period 2,368 8,812
Supplemental cash flow information:    
Operating lease right-of-use assets obtained in exchange for operating lease liabilities 0 4,347
Financing costs included in accounts payable $ 208 $ 0