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Merger and Reverse Recapitalization (Tables)
12 Months Ended
Jun. 30, 2022
Merger and Reverse Recapitalization [Abstract]  
Schedule of Reconciliation of Elements of the Merger to the Consolidated Statement of Cash Flows and Stockholders Equity

The following table reconciles the elements of the Merger to the consolidated statement of cash flows and the consolidated statement of stockholders’ equity for the year ended June 30, 2021:

(in thousands, except share data)

Shares

 

 

Recapitalization

 

Cash - BCAC's trust and cash, net of redemptions

 

23,633,355

 

 

$

178,942

 

Cash - PIPE

 

10,000,000

 

 

 

100,000

 

Non-cash net liabilities assumed from BCAC

 

 

 

 

(579

)

Less: transaction costs and advisory fees paid by Legacy VWE

 

 

 

 

(3,739

)

Less: transaction costs and advisory fees paid by BCAC

 

 

 

 

(25,933

)

Net contributions from merger and PIPE financing

 

33,633,355

 

 

$

248,691