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Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Net revenue $ 17,993 $ 22,733 $ 63,026 $ 76,667
Cost of sales 6,300 9,990 20,346 28,599
Gross profit 11,693 12,743 42,680 48,068
Operating expenses:        
Selling and marketing 6,549 12,804 20,547 33,466
General and administrative 5,442 7,177 17,837 22,517
Research and development 619 856 1,747 3,630
Amortization of intangible assets 1,303 1,198 3,909 3,593
Restructuring costs 244 0 244 0
Impairment expense 0 0 0 2,600
Gain from contingent consideration 0 (734) 0 (504)
Total operating expenses 14,157 21,301 44,284 65,302
Loss from operations (2,464) (8,558) (1,604) (17,234)
Other expense, net (1,195) (1,215) (3,083) (3,527)
Gain (loss) on derivative warrant liabilities 1,017 2,573 (5,467) 6,167
Loss before income tax (2,642) (7,200) (10,154) (14,594)
Income tax expense (245) 0 (1,073) 0
Net loss $ (2,887) $ (7,200) $ (11,227) $ (14,594)
Basic and diluted weighted-average common shares outstanding (in shares) 5,533,555 3,726,779 5,511,089 3,099,130
Basic and diluted net loss per common share (in dollars per share) $ (0.52) $ (1.93) $ (2.04) $ (4.71)