XML 21 R7.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:    
Net income (loss) $ 2,191 $ (939)
Adjustments to reconcile net income (loss) to cash used in operating activities:    
Gain from sale of OSP (Note 3) (2,000) (4,034)
Depreciation and amortization 1,005 4,647
Long-lived asset impairment 170 0
Deferred income taxes (29) 28
Inventory reserve 0 1,228
Non-cash interest 1,290 0
Stock-based compensation 890 1,111
Amortization of debt discount and financing costs 1,493 1,391
Other non-cash items affecting earnings (29) 376
Changes in operating assets and liabilities, excluding the effects of asset sales [1] (11,834) (10,722)
Net cash used in operating activities (6,853) (6,914)
Cash flows from investing activities:    
Capital expenditures (323) (361)
Proceeds from sale of OSP, net of fees 0 4,000
Net cash (used in) provided by investing activities (323) 3,639
Cash flows from financing activities:    
Borrowings on credit facility 4,000 11,357
Repayments of long-term debt (455) (8,535)
Debt refinancing fees (1,216) (4,383)
Taxes paid for shares withheld (13) (35)
Net cash provided by (used in) financing activities 2,316 (1,596)
Effect of exchange rate changes on cash and cash equivalents 46 (135)
Decrease in cash, cash equivalents, and restricted cash (4,814) (5,006)
Cash, cash equivalents and restricted cash:    
Beginning of period 21,396 27,464
End of period $ 16,582 $ 22,458
[1] Changes in operating assets and liabilities exclude assets and liabilities sold.