Commitments and Contingencies

12 Months Ended

Jun. 30, 2025

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Note 18. Commitments and Contingencies

Purchase Commitments

As of June 30, 2025, the Company had committed to purchase green coffee inventory totaling $46.0 million under fixed-price contracts and $14.3 million in inventory and other purchases under non-cancelable purchase orders.

Settlement Agreement

On June 30, 2023, the Company completed its previously announced sale of certain assets related to its direct ship and private label business, including its production facility and corporate office building in Northlake, Texas (the “Sale”), pursuant to that certain Asset Purchase Agreement, dated as of June 6, 2023, by and between the Company and TreeHouse Foods, Inc. (the “Buyer”), as amended by that certain Amendment to Asset Purchase Agreement, dated June 30, 2023. The Company and the Buyer executed a Settlement Agreement and Release (the “Settlement Agreement”) related to the Asset Purchase Agreement, effective March 27, 2025, pursuant to which the Company agreed to pay Buyer an amount equal to $0.8 million.

Legal Proceedings

The Company is a party to various pending legal and administrative proceedings. The Company had a $1.9 million legal settlement for the quarter ending December 31, 2024. It is management’s opinion that the outcome of such proceedings will not have a material impact on the Company’s financial position, results of operations, or cash flows.