Income Taxes (Tables)

12 Months Ended

Jun. 30, 2025

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The current and deferred components of the provision for income taxes consist of the following: 

	For the Years Ended June 30,
(In thousands)	2025		2024
Current:
State	$	241	$	14
Total current income tax expense	241		14
Deferred:
Federal	(125)		—
Total deferred income tax (benefit) expense	(125)		—
Income tax expense	$	116	$	14

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of income tax expense to the federal statutory tax rate is as follows: 

	For the Years Ended June 30,
(In thousands)	2025		2024
Statutory tax rate	21%		21%
Income tax benefit at statutory rate	$	(3,024)	$	(811)
State income tax expense (benefit) (net of federal tax benefit)	702		933
Valuation allowance	1,800		(3,223)
Change in tax rate	(82)		(26)
Post-retirement plans	(125)		—
Stock based compensation	547		845
Other (net)	298		2,296
Income tax expense	$	116	$	14

Schedule of Deferred Tax Assets and Liabilities

The primary components of the temporary differences which give rise to the Company’s net deferred tax assets (liabilities) are as follows: 

	As of June 30,
(In thousands)	2025		2024
Deferred tax assets:
Postretirement benefits	$	1,820	$	3,290
Accrued liabilities	3,061		2,121
163(j) Interest Limitation	10,330		9,633
Net operating loss carryforward	51,318		54,981
Intangible assets	4,921		5,476
Right-of-use operating lease liabilities	9,687		9,009
Other	7,617		5,128
Total deferred tax assets	88,754		89,638
Deferred tax liabilities:
Property, plant and equipment	(3,524)		(4,086)
Right-of-use operating lease assets	(9,532)		(8,865)
Other	(1,186)		(1,284)
Total deferred tax liabilities	(14,242)		(14,235)
Valuation allowance	(74,512)		(75,403)
Net deferred tax liability	$	—	$	—