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UNAUDITED QUARTERLY DATA (Tables)
12 Months Ended
Jun. 30, 2020
Quarterly Financial Information Disclosure [Abstract]  
Schedule of unaudited quarterly data
 
 
Three months ended
($ in thousands, except per share data)
 
September 30, 2019
 
December 31, 2019
 
March 31, 2020
 
June 30, 2020
 
 
(unaudited)
 
(unaudited)
 
(unaudited)
 
(unaudited)
 
 
 
 
 
 
 
 
 
Revenue
 
$
43,359

 
$
44,051

 
$
43,098

 
$
32,645

Gross profit
 
$
11,416

 
$
12,762

 
$
10,998

 
$
11,097

Operating loss
 
$
(11,278
)
 
$
(7,756
)
 
$
(10,178
)
 
$
(10,380
)
Net loss
 
$
(11,508
)
 
$
(8,378
)
 
$
(9,295
)
 
$
(11,414
)
Cumulative preferred dividends
 
$
(334
)
 
$

 
$
(334
)
 
$

Net loss applicable to common shares
 
$
(11,842
)
 
$
(8,378
)
 
$
(9,629
)
 
$
(11,414
)
Net loss per common share - basic
 
$
(0.20
)
 
$
(0.13
)
 
$
(0.15
)
 
$
(0.18
)
Net loss per common share - diluted
 
$
(0.20
)
 
$
(0.13
)
 
$
(0.15
)
 
$
(0.18
)
Weighted average number of common shares outstanding - basic
 
60,096,852

 
63,664,256

 
64,096,778

 
64,154,252

Weighted average number of common shares outstanding - diluted
 
60,096,852

 
63,664,256

 
64,096,778

 
64,154,252

 
 
Three months ended
($ in thousands, except per share data)
 
September 30, 2018
 
December 31, 2018
 
March 31, 2019
 
June 30, 2019 (1)
 
 
(unaudited)
 
(unaudited)
 
(unaudited)
 
(unaudited)
Revenue
 
$
33,768

 
$
34,486

 
$
37,704

 
$
38,508

Gross profit
 
$
11,058

 
$
9,435

 
$
9,953

 
$
9,739

Operating loss
 
$
(4,973
)
 
$
(10,008
)
 
$
(3,718
)
 
$
(9,484
)
Net loss
 
$
(5,288
)
 
$
(10,438
)
 
$
(4,306
)
 
$
(9,850
)
Cumulative preferred dividends
 
$
(334
)
 
$

 
$
(334
)
 
$

Net loss applicable to common shares
 
$
(5,622
)
 
$
(10,438
)
 
$
(4,640
)
 
$
(9,850
)
Net loss per common share - basic
 
$
(0.09
)
 
$
(0.17
)
 
$
(0.08
)
 
$
(0.16
)
Net loss per common share - diluted
 
$
(0.09
)
 
$
(0.17
)
 
$
(0.08
)
 
$
(0.16
)
Weighted average number of common shares outstanding - basic
 
60,053,912

 
60,059,936

 
60,065,053

 
60,065,978

Weighted average number of common shares outstanding - diluted
 
60,053,912

 
60,059,936

 
60,065,053

 
60,065,978


_____________________________________
(1)
As discussed in Note 2—Accounting Policies, the Company identified certain adjustments that were required to be made to its previously disclosed fiscal year 2019 interim and annual financial statements.