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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ 5,131 $ (9,147)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Stock based compensation 3,043 1,477
Amortization of debt issuance costs and discounts 63 59
Provision for expected losses 2,384 1,527
Provision for inventory reserve 0 135
Depreciation and amortization included in operating expenses 5,483 2,666
Depreciation included in cost of subscription and transaction fees for rental equipment 722 554
Other 1,104 979
Changes in operating assets and liabilities:    
Accounts receivable (12,278) (6,737)
Finance receivables 1,886 (1,221)
Inventory (2,941) (5,411)
Prepaid expenses and other assets (2,506) 755
Accounts payable and accrued expenses (2,915) (1,057)
Operating lease liabilities (530) (750)
Deferred revenue 122 77
Net cash used in operating activities (1,232) (16,094)
Cash flows from investing activities:    
Acquisition of business, net of cash acquired 0 (35,913)
Capital expenditures (5,912) (9,436)
Net cash used in investing activities (5,912) (45,349)
Cash flows from financing activities:    
Proceeds from long-term debt 0 25,000
Repayment of long-term debt (384) (388)
Contingent consideration paid for acquisition 0 (1,000)
Proceeds from exercise of common stock options 74 0
Repurchase of Series A Convertible Preferred Stock 0 (2,151)
Net cash (used in) provided by financing activities (310) 21,461
Effect of currency exchange rate changes on cash and cash equivalents 5 0
Net decrease in cash and cash equivalents (7,449) (39,982)
Cash and cash equivalents at beginning of year 50,927 68,125
Cash and cash equivalents at end of period 43,478 28,143
Supplemental disclosures of cash flow information:    
Interest paid in cash 1,931 920
Income taxes paid in cash 130 44
Common stock issued in business combination $ 0 $ 3,942