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Stockholders' Equity (Tables)
9 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Activity of Restricted Stock Awards and Restricted Stock Units

The activity of the Company’s restricted stock awards and restricted stock units for the nine months ended March 31, 2023 was as follows:

Restricted Stock Awards and Restricted Stock Units

 

Restricted Stock
(in thousands)

 

 

Weighted Average Grant Date Fair Value

 

Outstanding at June 30, 2022

 

 

1,312

 

 

$

1.79

 

Granted

 

 

963

 

 

 

2.20

 

Vested

 

 

(581

)

 

 

2.15

 

Forfeited

 

 

(5

)

 

 

3.07

 

Outstanding at March 31, 2023

 

 

1,689

 

 

$

1.90

 

Summary of Option Activity

The following table summarizes the Company’s option award activity as of and during the nine months ended March 31, 2023:

Options

 

Shares
(in thousands)

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Contractual Term (years)

 

 

Aggregate Intrinsic Value
(in thousands)

 

Outstanding at June 30, 2022

 

 

2,134

 

 

$

3.68

 

 

 

3.34

 

 

$

-

 

Options granted

 

 

125

 

 

 

3.60

 

 

 

-

 

 

 

-

 

Forfeited, cancelled or expired

 

 

(988

)

 

 

3.63

 

 

 

-

 

 

 

-

 

Outstanding at March 31, 2023

 

 

1,271

 

 

$

3.72

 

 

 

4.19

 

 

$

-

 

Exercisable at March 31, 2023

 

 

1,439

 

 

$

3.71

 

 

 

4.20

 

 

$

-

 

Vested and expected to vest as of March 31, 2023

 

 

1,271

 

 

$

3.72

 

 

 

4.19

 

 

$

-