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Accounts Receivable and Significant Client
 6 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
Accounts Receivable and Significant Client ACCOUNTS RECEIVABLE AND SIGNIFICANT CLIENT
Accounts receivable, net in the accompanying consolidated balance sheets, consists of the following:

December 31,June 30,
($000s)20242024
Accounts receivable$120,929 $98,438 
Less: Allowance for credit losses(348)(72)
Accounts receivable, net$120,581 $98,366 

The Company will write-off accounts receivable against the allowance when it determines a balance is uncollectible.

Activity in the Company’s allowance for credit losses consists of the following:

Three Months Ended December 31,Six Months Ended December 31,
($000s)2024202320242023
Beginning balance$155 $131 $72 $120 
Provision for credit losses261 13 344 24 
Reversal of provision for credit losses(21)(18)(21)(18)
Uncollectible receivables written off(47)(11)(47)(11)
Effect of foreign exchange— 2 — 2 
Ending balance$348 $117 $348 $117 

Significant Client

During the six months ended December 31, 2024 and 2023, the Company had one client that contributed approximately 11% and 13% of total revenue, respectively.

To limit the Company’s credit risk with its clients, management regularly monitors the aging of customer receivables, maintains allowances for credit losses and may require prepayment for services from certain clients. Based on currently available information, management does not believe significant credit risk exists as of December 31, 2024.