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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenue $ 65,359 $ 61,330 $ 128,042 $ 119,112
Cost of sales 41,043 42,889 79,398 86,509
Gross profit 24,316 18,441 48,644 32,603
Operating expenses:        
Sales and marketing 4,367 3,210 8,509 5,735
Technology and product development 3,030 5,299 7,198 12,164
General and administrative 10,505 6,559 20,943 18,137
Investigation, proxy solicitation and restatement expenses, net of insurance recoveries 0 150 0 547
Integration and acquisition expenses 93 2,787 171 2,787
Depreciation and amortization 2,736 1,350 5,483 2,666
Total operating expenses 20,731 19,355 42,304 42,036
Operating income (loss) 3,585 (914) 6,340 (9,433)
Other income (expense):        
Interest income from leases 493 878 1,010 1,445
Interest expense (1,002) (518) (2,109) (995)
Other income (expense), net 129 23 52 (97)
Total other (expense) income (380) 383 (1,047) 353
Income (loss) before income taxes 3,205 (531) 5,293 (9,080)
Provision for income taxes (81) (42) (162) (67)
Net income (loss) 3,124 (573) 5,131 (9,147)
Preferred dividends 0 0 (289) (334)
Net income (loss) applicable to common shares $ 3,124 $ (573) $ 4,842 $ (9,481)
Net earnings (loss) per common share        
Basic (in dollars per share) $ 0.04 $ (0.01) $ 0.07 $ (0.13)
Diluted (in dollars per share) $ 0.04 $ (0.01) $ 0.07 $ (0.13)
Weighted average number of common shares outstanding used to compute net earnings (loss) per share applicable to common shares        
Basic (in shares) 72,743,162 71,629,939 72,730,563 71,418,845
Diluted (in shares) 73,913,599 71,629,939 73,934,917 71,418,845
Subscription and transaction fees        
Revenue $ 56,029 $ 48,932 $ 111,164 $ 96,007
Cost of sales 31,885 30,202 63,613 60,572
Equipment sales        
Revenue 9,330 12,398 16,878 23,105
Cost of sales $ 9,158 $ 12,687 $ 15,785 $ 25,937