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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:      
Net income (loss) $ 633 $ (1,703) $ (8,705)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Stock-based compensation 4,737 6,248 9,075
Amortization of debt issuance costs and discounts 128 148 2,735
Provision for expected losses 5,815 3,471 1,236
Provision for inventory reserve 280 (397) 693
Depreciation and amortization included in operating expenses 7,618 4,352 4,107
Depreciation included in cost of subscription and transaction fees for rental equipment 1,189 973 1,405
Property and equipment write-off 364 0 1,658
Gain on extinguishment of debt 0 0 (3,065)
Operating lease right-of-use asset impairment 0 0 1,578
Other (116) 686 1,104
Changes in operating assets and liabilities:      
Accounts receivable 4,960 (13,649) (10,126)
Finance receivables (32) (1,884) (1,877)
Inventory (10,387) (14,064) 3,142
Prepaid expenses and other assets (180) (4,262) (847)
Accounts payable and accrued expenses (458) 12,153 7,013
Operating lease liabilities (133) (907) (1,014)
Deferred revenue (226) 130 65
Net cash provided by (used in) operating activities 14,192 (8,705) 8,177
Cash flows from investing activities:      
Capital expenditures (16,151) (9,260) (1,838)
Acquisition of business, net of cash acquired (35,714) (2,966) 0
Proceeds from sale of property and equipment 0 0 10
Net cash used in investing activities (51,865) (12,226) (1,828)
Cash flows from financing activities:      
Proceeds from long-term debt 25,000 738 14,550
Repayment of long-term debt (1,270) (606) (15,744)
Proceeds from private placement 0 0 55,008
Payment of equity issuance costs 0 0 (2,618)
Payment of Antara prepayment penalty and commitment termination fee 0 0 (1,200)
Contingent consideration paid for acquisition (1,000) 0 0
Repurchase of Series A Convertible Preferred Stock (2,151) 0 0
Payment of employee taxes related to stock-based compensation (104) 0 0
Proceeds from exercise of common stock options 0 895 78
Payment of third-party debt issuance costs 0 (107) 0
Net cash provided by financing activities 20,475 920 50,074
Net (decrease) increase in cash and cash equivalents (17,198) (20,011) 56,423
Cash and cash equivalents at beginning of year 68,125 88,136 31,713
Cash and cash equivalents at end of year 50,927 68,125 88,136
Supplemental disclosures of cash flow information:      
Interest paid in cash 2,641 755 1,055
Income taxes paid in cash 61 94 81
Common stock issued for acquisition $ 4,506 $ 0 $ 0