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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
Current assets    
Cash and cash equivalents $ 21,605 $ 20,190
Accounts receivable 1,612 3,338
Income tax receivable 241 1,752
Inventory 16,073 16,472
Prepaid expenses and other 4,753 5,205
Total current assets 44,284 46,957
Non-current assets    
Property and equipment, net 9,086 9,500
Right-of-use assets 8,738 11,040
Intangible assets, net 455 587
Deferred income tax asset 2,991 1,289
Other long-term assets 569 1,333
TOTAL ASSETS 66,123 70,706
Current liabilities    
Accounts payable 3,505 7,462
Commissions payable 6,651 7,285
Income tax payable 0 453
Lease liabilities 1,521 2,601
Other accrued expenses 7,932 7,927
Total current liabilities 19,609 25,728
Long-term lease liabilities 11,566 13,154
Other long-term liabilities 299 308
Total liabilities 31,474 39,190
Commitments and contingencies — Note 14
Stockholders’ equity    
Preferred stock — par value $0.0001 per share, 5,000 shares authorized, no shares issued or outstanding 0 0
Common stock — par value $0.0001 per share, 40,000 shares authorized and 12,622 and 12,493 issued and outstanding as of June 30, 2023 and 2022, respectively 1 1
Additional paid-in capital 134,314 131,075
Accumulated deficit (98,305) (98,437)
Accumulated other comprehensive loss (1,361) (1,123)
Total stockholders’ equity 34,649 31,516
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 66,123 $ 70,706