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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows provided by (used in) operating activities:    
Net income (loss) $ 7,042 $ (141)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:    
Gain from sale of OSP (8,396) (2,000)
Depreciation and amortization 1,596 1,576
Long-lived asset impairment 352 170
Deferred income taxes (197) (50)
Non-cash interest 3,846 1,956
Stock-based compensation 2,043 1,201
Amortization of debt discount and financing costs 2,437 2,240
Other non-cash items affecting earnings 579 216
Changes in operating assets and liabilities, excluding the effects of asset sales and business acquisitions (2,316) (12,298)
Net cash provided by (used in) operating activities 6,986 (7,130)
Cash flows (used in) provided by investing activities:    
Capital expenditures (769) (372)
Proceeds from sale of OSP 8,463 2,000
Business acquisitions, net of cash acquired and certain obligations assumed (18,631) 0
Net cash (used in) provided by investing activities (10,937) 1,628
Cash flows provided by (used in) financing activities:    
Proceeds from issuance of long-term debt 15,000 0
Repayments of long-term debt (825) (2,499)
Borrowings on revolving credit facility 4,326 4,000
Repayments of revolving credit facility (10,238) 0
Debt refinancing fees (949) (2,552)
Taxes paid for shares withheld (75) (16)
Net cash provided by (used in) financing activities 7,239 (1,067)
Effect of exchange rate changes on cash and cash equivalents (92) (11)
Increase (decrease) in cash and cash equivalents, restricted cash and restricted cash equivalents 3,196 (6,580)
Cash, cash equivalents and restricted cash and restricted cash equivalents:    
Beginning of period 29,312 21,396
End of period 32,508 14,816
Supplemental non-cash disclosure    
Stock issued in connection with Alline Acquisition $ 3,000 [1] $ 0
[1] This activity represents the common stock issued in connection with the Alline Acquisition on December 19, 2024. See Note 13 for additional details.