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Convertible Notes (Tables)
12 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Convertible Notes

The Company incurred interest expense of $1.8 million and $1.7 million related to the Convertible Notes for the years ended June 30, 2022 and 2021, respectively, inclusive of non-cash interest related to amortization of discount. Interest payments were paid-in-kind by issuing $1.7 million and $1.6 million of additional Convertible Notes to holders for the years ended June 30, 2022 and 2021, respectively.

 

 

As of June 30,

 

(in thousands)

 

2022

 

 

2021

 

Convertible Notes principal

 

$

36,085

 

 

$

34,346

 

Unamortized issuance costs

 

 

(898

)

 

 

(1,013

)

Total Convertible Notes

 

 

35,187

 

 

 

33,333