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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay versus Performance
The following table reports the compensation of our CEO and the average compensation of the other Named Executive Officers (non-CEO NEOs) as reported in the Summary Compensation Table for the past three fiscal years, as well as their “compensation actually paid” as calculated pursuant to SEC rules and certain performance measures required by the rules.
Fiscal
Year(1)
Summary
Compensation
Table Total for
CEO(2)
($)
Compensation
“Actually Paid”
to CEO(3)
($)
Average
Summary
Compensation
Table Total
for Non-CEO
NEOs(2)
($)
Average
Compensation
“Actually
Paid” to
Non-CEO
NEOs(3)
($)
Value of Initial Fixed
$100
Investments Based on:
Net Income
($ in
thousands)(5)
Net
Revenues
($ in
thousands)(6)
Adjusted
EBITDA*
($ in
thousands)(6)
Company
Total
Shareholder
Return(4)
($)
Peer Group
Total
Shareholder
Return(4)
($)
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
(j)
2025
1,734,903
1,578,051
611,423
65,219
259.49
202.51
43,406
181,621
52,126
2024
1,822,245
2,400,057
1,169,220
1,657,196
449.40
176.29
49,818
188,820
58,394
2023
1,339,208
2,488,616
602,344
1,140,988
298.22
137.07
27,127
169,997
34,295
2022
2,359,952
2,544,060
1,012,918
1,073,660
176.03
109.64
19,599
143,593
22,626
2021
1,243,026
1,324,206
556,143
667,086
155.41
144.19
15,413
114,035
20,063
(1)
The CEO and non-CEO NEOs for each year reported were as follows: Richard Soloway (PEO); Kevin Buchel, Michael Carrieri, Stephen Spinelli (Non-CEO NEO’s). Andrew J. Vuono was a non-CEO NEO only for 2024 and 2025 due to being hired in June of 2024.
(2)
The 2025 Summary Compensation Table totals reflected are as reported for the CEO and the average of the non-CEO NEOs for each of the fiscal years ended June 30, 2025, 2024, 2023, 2022 and 2021.
(3)
Compensation Actually Paid: The dollar amounts reported in columns (c) and (e) represent the amount of compensation “actually paid” to the CEO and the average amount of compensation “actually paid” to the Non-CEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The following table details the applicable adjustments that were made to the CEO’s and the Non-CEO NEOs’ total compensation for each year to determine the compensation “actually paid” (all amounts are averages for the Non-CEO NEOs other than the CEO).
 
 
 
Option Award Adjustments
 
Fiscal Year(1)
Executives
Reported
Summary
Compensation
Table (SCT)
Total
($)
Stock Option
Awards
Deducted from
SCT Totals
($)
Stock Option
Awards Added to
Compensation
“Actually Paid”
($)
Total
Compensation
“Actually Paid”
($)
 
 
(a)
(b)
(c)
(d)
2025
CEO
1,734,903
(156,852)
1,578,051
Non-CEO NEOs
611,423
(546,204)
65,219
2024
CEO
1,822,245
577,812
2,400,057
Non-CEO NEOs
1,169,220
(674,900)
1,162,876
1,657,196
2023
CEO
1,339,208
(133,600)
1,283,008
2,488,616
Non-CEO NEOs
602,344
(111,333)
649,977
1,140,988
2022
CEO
2,359,952
(1,082,600)
1,266,708
2,544,060
Non-CEO NEOs
1,012,918
(532,017)
592,759
1,073,660
2021
CEO
1,243,026
81,180
1,324,206
Non-CEO NEOs
556,143
(108,682)
219,626
667,086
(4)
The Company’s Total shareholder return (“TSR”) and the Company’s Peer Group TSR reflected in these columns for each applicable fiscal year is determined based on the value of an initial fixed investment of $100 on June 30, 2020. The Peer Group TSR represents TSR of the Nasdaq Composite Index, which is the industry peer group used for purposes of Item 201(e) of Regulation S-K.
(5)
Represents, in thousands, the amount of net income, reflected in the Company’s audited financial statements for the year indicated.
(6)
The Company has identified Net Revenues and Adjusted EBITDA* as our company-selected measure, as it represents the most important financial measure used to link compensation actually paid to the CEO and the non-CEO NEOs in 2025 to the Company’s performance. We define Adjusted EBITDA as GAAP net income plus income tax expense, net interest expense, non-cash stock-based expense, nonrecurring legal expense, other non-recurring income and depreciation and amortization expense. Nonrecurring Legal Expenses are legal fees that are determined not to be of a normal recuring nature and expenses necessary to operate the business.
       
Company Selected Measure Name Net Revenues        
Named Executive Officers, Footnote
(1)
The CEO and non-CEO NEOs for each year reported were as follows: Richard Soloway (PEO); Kevin Buchel, Michael Carrieri, Stephen Spinelli (Non-CEO NEO’s). Andrew J. Vuono was a non-CEO NEO only for 2024 and 2025 due to being hired in June of 2024.
       
Peer Group Issuers, Footnote
(4)
The Company’s Total shareholder return (“TSR”) and the Company’s Peer Group TSR reflected in these columns for each applicable fiscal year is determined based on the value of an initial fixed investment of $100 on June 30, 2020. The Peer Group TSR represents TSR of the Nasdaq Composite Index, which is the industry peer group used for purposes of Item 201(e) of Regulation S-K.
       
PEO Total Compensation Amount $ 1,734,903 $ 1,822,245 $ 1,339,208 $ 2,359,952 $ 1,243,026
PEO Actually Paid Compensation Amount $ 1,578,051 2,400,057 2,488,616 2,544,060 1,324,206
Adjustment To PEO Compensation, Footnote
(3)
Compensation Actually Paid: The dollar amounts reported in columns (c) and (e) represent the amount of compensation “actually paid” to the CEO and the average amount of compensation “actually paid” to the Non-CEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The following table details the applicable adjustments that were made to the CEO’s and the Non-CEO NEOs’ total compensation for each year to determine the compensation “actually paid” (all amounts are averages for the Non-CEO NEOs other than the CEO).
 
 
 
Option Award Adjustments
 
Fiscal Year(1)
Executives
Reported
Summary
Compensation
Table (SCT)
Total
($)
Stock Option
Awards
Deducted from
SCT Totals
($)
Stock Option
Awards Added to
Compensation
“Actually Paid”
($)
Total
Compensation
“Actually Paid”
($)
 
 
(a)
(b)
(c)
(d)
2025
CEO
1,734,903
(156,852)
1,578,051
Non-CEO NEOs
611,423
(546,204)
65,219
2024
CEO
1,822,245
577,812
2,400,057
Non-CEO NEOs
1,169,220
(674,900)
1,162,876
1,657,196
2023
CEO
1,339,208
(133,600)
1,283,008
2,488,616
Non-CEO NEOs
602,344
(111,333)
649,977
1,140,988
2022
CEO
2,359,952
(1,082,600)
1,266,708
2,544,060
Non-CEO NEOs
1,012,918
(532,017)
592,759
1,073,660
2021
CEO
1,243,026
81,180
1,324,206
Non-CEO NEOs
556,143
(108,682)
219,626
667,086
       
Non-PEO NEO Average Total Compensation Amount $ 611,423 1,169,220 602,344 1,012,918 556,143
Non-PEO NEO Average Compensation Actually Paid Amount $ 65,219 1,657,196 1,140,988 1,073,660 667,086
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Compensation Actually Paid: The dollar amounts reported in columns (c) and (e) represent the amount of compensation “actually paid” to the CEO and the average amount of compensation “actually paid” to the Non-CEO NEOs as a group, as computed in accordance with Item 402(v) of Regulation S-K. The following table details the applicable adjustments that were made to the CEO’s and the Non-CEO NEOs’ total compensation for each year to determine the compensation “actually paid” (all amounts are averages for the Non-CEO NEOs other than the CEO).
 
 
 
Option Award Adjustments
 
Fiscal Year(1)
Executives
Reported
Summary
Compensation
Table (SCT)
Total
($)
Stock Option
Awards
Deducted from
SCT Totals
($)
Stock Option
Awards Added to
Compensation
“Actually Paid”
($)
Total
Compensation
“Actually Paid”
($)
 
 
(a)
(b)
(c)
(d)
2025
CEO
1,734,903
(156,852)
1,578,051
Non-CEO NEOs
611,423
(546,204)
65,219
2024
CEO
1,822,245
577,812
2,400,057
Non-CEO NEOs
1,169,220
(674,900)
1,162,876
1,657,196
2023
CEO
1,339,208
(133,600)
1,283,008
2,488,616
Non-CEO NEOs
602,344
(111,333)
649,977
1,140,988
2022
CEO
2,359,952
(1,082,600)
1,266,708
2,544,060
Non-CEO NEOs
1,012,918
(532,017)
592,759
1,073,660
2021
CEO
1,243,026
81,180
1,324,206
Non-CEO NEOs
556,143
(108,682)
219,626
667,086
       
Compensation Actually Paid vs. Total Shareholder Return        
Compensation Actually Paid vs. Net Income        
Compensation Actually Paid vs. Company Selected Measure        
Total Shareholder Return Vs Peer Group        
Total Shareholder Return Amount $ 259.49 449.4 298.22 176.03 155.41
Peer Group Total Shareholder Return Amount 202.51 176.29 137.07 109.64 144.19
Net Income (Loss) $ 43,406,000 $ 49,818,000 $ 27,127,000 $ 19,599,000 $ 15,413,000
Company Selected Measure Amount 181,621,000 188,820,000 169,997,000 143,593,000 114,035,000
PEO Name Richard Soloway Richard Soloway Richard Soloway Richard Soloway Richard Soloway
Measure:: 1          
Pay vs Performance Disclosure          
Name Net Revenues        
Measure:: 2          
Pay vs Performance Disclosure          
Compensation Actually Paid vs. Other Measure        
Other Performance Measure, Amount 52,126,000 58,394,000 34,295,000 22,626,000 20,063,000
Name Adjusted EBITDA        
Non-GAAP Measure Description We define Adjusted EBITDA as GAAP net income plus income tax expense, net interest expense, non-cash stock-based expense, nonrecurring legal expense, other non-recurring income and depreciation and amortization expense. Nonrecurring Legal Expenses are legal fees that are determined not to be of a normal recuring nature and expenses necessary to operate the business.        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (156,852) $ 0 $ (133,600) $ (1,082,600) $ 0
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 577,812 1,283,008 1,266,708 81,180
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (546,204) (674,900) (111,333) (532,017) (108,682)
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 1,162,876 $ 649,977 $ 592,759 $ 219,626