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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 3,572 $ 2,007
Adjustments to reconcile net income to net cash (used in) provided from operating activities:    
Stock-based compensation 887 1,932
Amortization of debt issuance costs and discounts 30 32
Provision for expected losses 949 1,000
Provision for inventory reserve 83 0
Depreciation and amortization 3,192 3,089
Gain on foreign currency exchange rates (211) 0
Non-cash lease expense 321 400
Deferred income taxes 24 43
Changes in operating assets and liabilities:    
Accounts receivable 11,047 (7,784)
Finance receivables 1,081 1,122
Inventory (3,863) (344)
Prepaid expenses and other assets 219 171
Accounts payable and accrued expenses (28,897) 5,152
Operating lease liabilities (197) (391)
Deferred revenue (255) 274
Net cash (used in) provided by operating activities (12,018) 6,703
Cash flows from investing activities:    
Capital expenditures (3,791) (2,916)
Acquisition of business, net of cash acquired (9,761) 0
Net cash used in investing activities (13,552) (2,916)
Cash flows from financing activities:    
Repayment of long-term debt (286) (193)
Proceeds from exercise of common stock options 0 76
Payment of employee taxes related to stock-based compensation (164) 0
Net cash used in financing activities (450) (117)
Effect of currency exchange rate changes on cash and cash equivalents 224 0
Net (decrease) increase in cash and cash equivalents (25,796) 3,670
Cash and cash equivalents at beginning of year 58,920 50,927
Cash and cash equivalents at end of period 33,124 54,597
Supplemental disclosures of cash flow information:    
Interest paid in cash 883 889
Income taxes paid in cash $ 251 $ 13