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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:    
Net loss $ (9,147) $ (1,760)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock based compensation 1,477 3,129
Amortization of debt issuance costs and discounts 59 68
Provision for expected losses 1,527 1,313
Provision for inventory reserve 135 342
Depreciation and amortization included in operating expenses 2,666 2,135
Depreciation included in costs of sales for rental equipment 554 518
Other 979 112
Changes in operating assets and liabilities:    
Accounts receivable (6,737) 1,378
Finance receivables (1,221) 245
Inventory (5,411) (6,802)
Prepaid expenses and other assets 755 (160)
Accounts payable and accrued expenses (1,057) (4,555)
Operating lease liabilities (750) (192)
Deferred revenue 77 (18)
Net cash used in operating activities (16,094) (4,247)
Cash flows from investing activities:    
Acquisition of business, net of cash acquired (35,913) (2,900)
Purchase of property and equipment (9,436) (4,359)
Net cash used in investing activities (45,349) (7,259)
Cash flows from financing activities:    
Proceeds from long-term debt 25,000 0
Repayment of long-term debt (388) (407)
Contingent consideration paid for acquisition (1,000) 0
Proceeds from exercise of common stock options 0 86
Repurchase of Series A Convertible Preferred Stock (2,151) 0
Net cash provided by (used in) financing activities 21,461 (321)
Net decrease in cash and cash equivalents (39,982) (11,827)
Cash and cash equivalents at beginning of year 68,125 88,136
Cash and cash equivalents at end of period 28,143 76,309
Supplemental disclosures of cash flow information:    
Interest paid in cash 920 376
Common stock issued in business combination $ 3,942 $ 0