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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net income $ 7,725 $ 3,522
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,953 1,356
Stock-based compensation 4,081 4,136
Amortization of right-of-use assets 1,731  
Amortization of deferred financing fees 7 4
Amortization of debt discount 39 23
Deferred income tax 1,587 906
Changes in operating assets and liabilities:    
Accounts receivable 887 144
Income tax receivable (1,147) (2,267)
Inventory, net (1,151) (878)
Prepaid expenses and other (992) 692
Other long-term assets (279) 7
Accounts payable (1,154) 1,266
Income tax payable (592) 149
Other accrued expenses (2,008) 2,161
Lease liabilities (2,004)  
Other long-term liabilities 294 (416)
Net Cash Provided by Operating Activities 8,977 10,805
Cash Flows from Investing Activities:    
Investments in convertible note receivable 0 (2,000)
Purchase of equipment (2,107) (1,689)
Net Cash Used in Investing Activities (2,107) (3,689)
Cash Flows from Financing Activities:    
Repurchase of company stock (5,405) (1,706)
Payment on term loan (1,500) (3,500)
Shares purchased as payment of tax withholding (6,096) (3,167)
Proceeds from common stock issued under employee stock purchase plan 653  
Exercise of options 74 565
Net Cash Used in Financing Activities (12,274) (7,808)
Foreign Currency Effect on Cash 44 (47)
Decrease in Cash and Cash Equivalents: (5,360) (739)
Cash and Cash Equivalents — beginning of period 18,824 16,652
Cash and Cash Equivalents — end of period 13,464 15,913
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest 43 216
Cash paid for income taxes $ 1,377 $ 1,195