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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Revenue $ 60,356 $ 50,300 $ 179,468 $ 147,171
Cost of sales 37,463 34,100 123,972 100,105
Gross profit 22,893 16,200 55,496 47,066
Operating expenses:        
Sales and marketing 3,154 1,937 8,888 6,021
Technology and product development 4,594 5,532 16,757 16,701
General and administrative 7,041 6,788 25,179 21,724
Investigation, proxy solicitation and restatement expenses, net of insurance recoveries (1,000) 0 (453) 0
Integration and acquisition expenses 0 0 2,787 0
Depreciation and amortization 2,364 1,062 5,029 3,197
Total operating expenses 16,153 15,319 58,187 47,643
Operating income (loss) 6,740 881 (2,691) (577)
Other income (expense):        
Interest income from leases 540 445 1,985 1,363
Interest income (expense), net (263) 852 (1,258) (100)
Other expense (13) (7) (112) (83)
Total other income 264 1,290 615 1,180
Income (loss) before income taxes 7,004 2,171 (2,076) 603
Provision for income taxes (56) (35) (123) (226)
Net income (loss) 6,948 2,136 (2,199) 377
Preferred dividends (289) (334) (623) (668)
Net income (loss) applicable to common shares $ 6,659 $ 1,802 $ (2,822) $ (291)
Net earnings (loss) per common share        
Basic (in dollars per share) $ 0.09 $ 0.03 $ (0.04) $ 0
Diluted (in dollars per share) $ 0.09 $ 0.03 $ (0.04) $ 0
Weighted average number of common shares outstanding used to compute net earnings (loss) per share applicable to common shares        
Basic (in shares) 72,491,373 71,083,044 71,771,135 71,076,022
Diluted (in shares) 72,866,221 71,486,718 71,771,135 71,076,022
Subscription and transaction fees        
Revenue $ 51,245 $ 42,143 $ 147,252 $ 123,956
Cost of sales 29,577 25,291 90,149 76,234
Equipment sales        
Revenue 9,111 8,157 32,216 23,215
Cost of sales $ 7,886 $ 8,809 $ 33,823 $ 23,871