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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:            
Net (loss) income $ (9,755) $ (802) $ 5,086 $ 327 $ (11,785) $ 12,227
Adjustments to reconcile net (loss) income to net cash provided by operating activities:            
Depreciation and  amortization         4,162 1,860
Gain on forgiveness of PPP loan         0 (8,331)
Income from equity method of investments         (1,460) (37)
Inventory write-down         7,324 768
Impairment of long-lived assets         516 37
Other         769 876
Change in operating assets and liabilities:            
Accounts receivable         (6,290) (12,654)
Inventories         10,163 (17,602)
Accounts payable         992 1,050
Accrued expenses         (893) (485)
Employee retention credit receivable         8,198 (9,138)
Other         5,213 (1,655)
Total adjustments         17,383 (40,484)
Net cash provided by (used in) operating activities         16,909 (33,084)
CASH FLOWS FROM INVESTING ACTIVITIES:            
Sale of marketable securities         0 815
Acquisition of businesses, net of cash acquired         (2,498) (12,804)
Investment in unconsolidated entities         (3,064) (6,797)
Acquisition of assets         0 (13,408)
Capital expenditures related to property & equipment         (1,178) (1,530)
Capital expenditures related to assets on lease or held for lease         0 (28)
Other         572 364
Net cash used in investing activities         (6,168) (33,388)
CASH FLOWS FROM FINANCING ACTIVITIES:            
Proceeds from lines of credit         139,329 99,363
Payments on lines of credit         (132,958) (84,551)
Proceeds from term loan         10,627 34,232
Payments on term loan         (27,850) (3,813)
Proceeds received from issuance of TruPs         0 11,278
Other         (1,528) 2,745
Net cash (used in) provided by financing activities         (12,380) 59,254
Effect of foreign currency exchange rates on cash and cash equivalents         361 (341)
NET DECREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH         (1,278) (7,559)
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD   $ 8,368   $ 15,927 8,368 15,927
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD $ 7,090   $ 8,368   7,090 8,368
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:            
Equipment leased or held for lease transferred to inventory         12,700 12
Equipment in inventory transferred to assets on lease         33 13,100
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:            
Operating cash payments for operating leases         1,881 1,824
Cash paid during the year for interest         5,867 1,523
Cash paid during the year for income taxes         $ 1,026 $ 429