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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:    
Net Income $ 7,468 $ 5,452
Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities:    
Depreciation of Property and Equipment 849 1,027
Amortization of Intangible Assets 1,663 2,027
Amortization of Deferred Financing Costs (Included in Interest) 702 159
Allowance for Credit Losses 575 333
Change in Fair Value of Warrants 2,586 (165)
Deferred Income Taxes (967)
Operating Lease Right-of-Use Assets 1,414 1,764
Gain on Disposal of Fixed Assets (15)
Changes in Assets and Liabilities, Net of Acquisitions    
Trade Receivables (55,255) (78,957)
Inventory 1,849 32,831
Income Taxes Payable\Receivable 1,494 2,557
Other Assets (2,319) 2,217
Operating Lease Obligations (649) (1,957)
Accounts Payable 57,141 60,675
Accrued Expenses (2,918) (1,857)
Net Cash Provided by Operating Activities 13,618 26,106
Cash Flows from Investing Activities:    
Capital Expenditures (10) (131)
Cash inflow from Asset Disposal 15
Cash Paid for Business Asset Purchase (7,551)
Net Cash Used in Investing Activities (7,546) (131)
Cash Flows from Financing Activities:    
Payments on Revolving Credit Facility (538,604) (591,057)
Borrowings on Revolving Credit Facility 535,290 558,768
Proceeds from Shareholder Note (Subordinated), Current 46,000
Payments on Shareholder Note (Subordinated), Current (36,000)
Issuance of common stock, net of transaction costs 3,516
Deferred Financing Costs (4,211)
Payments on Financing Leases (1,397) (1,201)
Net Cash Used in Financing Activities (4,711) (24,185)
Net Increase in Cash 1,361 1,790
Cash, Beginning of the Period 1,129 865
Cash, End of the Period 2,490 2,655
Supplemental disclosure for Cash Flow Information    
Cash Paid for Interest 5,735 6,468
Cash Paid for Income Taxes 795 44
Supplemental Disclosure for Non-Cash Investing and Financing Activities    
Stock-based compensation conversion to stock   $ 1,386
Conversion of Warrants from liability to Equity $ 454