Nature of Business and Summary of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2025

Nature of Business and Summary of Significant Accounting Policies

Schedule of cash and cash equivalents

Cash and cash equivalents consist of the following as of (in thousands):

	March 31, 2025		June 30, 2024
Cash	$	13,728	$	18,823
Money Market Fund		59,685		41,116
Certificate of Deposits		—		5,402
	$	73,413	$	65,341

Schedule of investments - other

Investments-other consists of the following as of (in thousands):

	March 31, 2025		June 30, 2024
Certificate of Deposits	$	—	$	26,980
	$	—	$	26,980

Schedule of certificates of deposit

The Company’s certificates of deposits as of June 30, 2024 consist of the following (in thousands):

June 30, 2024
Balance Sheet Classification	Interest Rate		Maturity Date		Cost		Carrying Value
Cash and Cash Equivalents		4.70%		8/22/2024	$	5,374	$	5,402
Investments - other		4.55% - 4.75%		7/25/2024 - 10/24/2024		26,709		26,980

Schedule of intangible assets

Intangible assets consisted of the follows (in thousands):

	March 31, 2025						June 30, 2024
	Carrying		Accumulated		Net book		Carrying		Accumulated		Net book
	value		amortization		value		value		amortization		value
Customer relationships	$	9,800	$	(9,521)	$	279	$	9,800	$	(9,436)	$	364
Trade name		4,048		(961)		3,087		4,048		(810)		3,238
	$	13,848	$	(10,482)	$	3,366	$	13,848	$	(10,246)	$	3,602

Schedule of reconciliation of earnings per share

The following provides a reconciliation of information used in calculating the per share amounts for the three months ended March 31, 2025 and 2024 (in thousands, except share and per share data):

	Net Income				Weighted Average Shares		Net Income per Share
	2025		2024		2025	2024	2025		2024
Basic EPS	$	10,122	$	13,196	36,111	36,835	$	0.28	$	0.36
Effect of Dilutive Securities:
Stock Options		—		—	142	283		—		—
Diluted EPS	$	10,122	$	13,196	36,253	37,118	$	0.28	$	0.36

The following provides a reconciliation of information used in calculating the per share amounts for the nine months ended March 31, 2025 and 2024 (in thousands, except share and per share data):

							Net Income per
	Net Income				Weighted Average Shares		Share
	2025		2024		2025	2024	2025		2024
Basic EPS	$	31,774	$	36,284	36,511	36,792	$	0.87	$	0.99
Effect of Dilutive Securities:
Stock Options		—		—	232	240		(0.01)		(0.01)
Diluted EPS	$	31,774	$	36,284	36,743	37,032	$	0.86	$	0.98