Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
Current assets:
Cash and cash equivalents	$ 4,321	$ 6,534
Restricted cash		22,321
Inventories	157,067	145,075
Prepaid expenses	5,319	5,486
Other current assets	5,149	3,385
Total Current Assets	171,856	182,801
Property and equipment, net	32,131	37,784
Operating lease right-of-use assets	178,794	193,244
Deferred financing costs	1,968	2,459
Other assets	1,686	1,596
Total Assets	386,435	417,884
Current liabilities:
Accounts payable	36,579	45,930
Accrued liabilities	45,194	46,454
Operating lease liabilities	57,838	54,632
Total Current Liabilities	139,611	147,016
Operating lease liabilities — non current	136,181	156,240
Borrowings under revolving credit facility	17,860	12,000
Long term debt (see Note 3 for amounts due to related parties)	28,448	26,374
Asset retirement obligation — non-current	1,085	1,021
Other liabilities — non-current	719	3,432
Total Liabilities	323,904	346,083
Commitments and contingencies
Stockholders’ equity:
Preferred stock, par value $0.01 per share, authorized 10,000,000 shares; none issued or outstanding
Common stock, par value $0.01 per share, authorized 200,000,000 shares; 87,549,090 shares issued and 85,765,429 shares outstanding at December 31, 2021 and 87,988,233 shares issued and 86,204,572 shares outstanding at June 30, 2021	858	862
Additional paid-in capital	308,941	305,498
Retained deficit	(240,456)	(227,747)
Less: 1,783,661 common shares in treasury, at cost, at December, 2021 and at June 30, 2021, respectively	(6,812)	(6,812)
Total Stockholders’ Equity	62,531	71,801
Total Liabilities and Stockholders’ Equity	$ 386,435	$ 417,884