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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:      
Net income $ 3,120 $ 12,894 $ 11,549
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 3,261 3,460 2,777
Stock-based compensation 1,768 2,036 4,919
Amortization of right-of-use assets 1,786 2,365 2,323
Impairment of investment 2,205 0 0
Gain on sale of fixed assets 0 (7) 0
Amortization of deferred financing fees 0 0 7
Amortization of debt discount 0 0 39
Deferred income tax (81) 955 364
Changes in operating assets and liabilities:      
Accounts receivable (614) (265) (539)
Income tax receivable (713) (1,036) 1,237
Inventory, net (1,186) (2,069) (152)
Prepaid expenses and other (551) 486 (29)
Other long-term assets 139 59 (483)
Accounts payable 824 3,214 (1,648)
Income tax payable (377) 46 193
Other accrued expenses 357 (3,659) 432
Lease liabilities (1,644) (1,913) (2,698)
Other long-term liabilities (335) (293) 35
Net Cash Provided by Operating Activities 7,959 16,273 18,326
Cash Flows from Investing Activities:      
Purchase of equipment (1,530) (3,741) (2,681)
Proceeds from sale of fixed assets 0 7 0
Net Cash Used in Investing Activities (1,530) (3,734) (2,681)
Cash Flows from Financing Activities:      
Repurchase of company stock (8,833) (11,933) (5,405)
Payment of cash dividends (378) 0 0
Payment on term loan 0 0 (1,500)
Shares purchased as payment of tax withholding and other (246) (1,416) (6,246)
Proceeds from common stock issued under employee stock purchase plan 372 517 653
Exercise of options and warrants 133 1,379 76
Net Cash Used in Financing Activities (8,952) (11,453) (12,422)
Foreign Currency Effect on Cash (461) (50) 91
(Decrease) Increase in Cash and Cash Equivalents (2,984) 1,036 3,314
Cash and Cash Equivalents — beginning of period 23,174 22,138 18,824
Cash and Cash Equivalents — end of period 20,190 23,174 22,138
Non Cash Investing and Financing Activities:      
Increase in property and equipment and lease liabilities from lease incentives 0 3,543 0
Conversion of convertible notes receivable to equity securities 0 0 2,205
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Cash paid for interest 10 17 44
Cash paid for income taxes $ 2,601 $ 4,017 $ 1,623