Related Party Transactions

6 Months Ended

Dec. 31, 2022

Related Party Transactions

Related Party Transactions

Note 18. Related Party Transactions

The Company had sales of $0.3 million and $0.4 million during the three months ended December 31, 2022 and 2021, respectively, to a generic distributor, Auburn Pharmaceutical Company (“Auburn”), which is a member of the Premier Buying Group. Sales to Auburn for the six months ended December 31, 2022 and 2021 were $0.6 million for each period. Jeffrey Farber, a board member until January 25, 2023 and stockholder owning more than five percent of the Company’s stock, is the owner of Auburn. Accounts receivable includes amounts due from Auburn of $0.3 million at December 31, 2022 and June 30, 2022.