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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Jun. 30, 2020
Current assets:    
Cash and cash equivalents $ 34,690 $ 31,713
Accounts receivable, less allowance of $7,313 and $7,676, respectively 19,175 17,273
Finance receivables, net 7,356 7,468
Inventory, net 7,005 9,128
Prepaid expenses and other current assets 1,545 1,782
Total current assets 69,771 67,364
Non-current assets:    
Finance receivables due after one year 10,385 11,213
Other assets 2,156 1,993
Property and equipment, net 7,526 7,872
Operating lease right-of-use assets 5,417 5,603
Intangibles, net 22,249 23,033
Goodwill 63,945 63,945
Total non-current assets 111,678 113,659
Total assets 181,449 181,023
Current liabilities:    
Accounts payable 31,791 27,058
Accrued expenses 28,880 30,265
Finance lease obligations and current obligations under long-term debt 3,871 3,328
Deferred revenue 1,639 1,698
Total current liabilities 66,181 62,349
Long-term liabilities:    
Deferred income taxes 143 137
Finance lease obligations and long-term debt, less current portion 14,066 12,435
Operating lease liabilities, non-current 4,469 4,749
Total long-term liabilities 18,678 17,321
Total liabilities 84,859 79,670
Commitments and contingencies
Series A convertible preferred stock, 900,000 shares authorized, 445,063 issued and outstanding, with liquidation preferences of $21,113 and $20,779 at September 30, 2020 and June 30, 2020, respectively 3,138 3,138
Shareholders’ equity:    
Preferred stock, no par value, 1,800,000 shares authorized, no shares issued 0 0
Common stock, no par value, 640,000,000 shares authorized, 65,252,965 and 65,196,882 shares issued and outstanding at September 30, 2020 and June 30, 2020, respectively 402,742 401,240
Accumulated deficit (309,290) (303,025)
Total shareholders’ equity 93,452 98,215
Total liabilities, convertible preferred stock and shareholders’ equity $ 181,449 $ 181,023