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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current assets    
Cash and cash equivalents $ 17,377 $ 21,605
Accounts receivable 2,135 1,612
Income tax receivable 360 241
Inventory, net 15,162 16,073
Prepaid expenses and other 2,763 4,753
Total current assets 37,797 44,284
Long-term assets    
Property and equipment, net 8,349 9,086
Right-of-use assets 9,382 8,738
Intangible assets, net 356 455
Deferred income tax asset 4,927 2,991
Other long-term assets 496 569
TOTAL ASSETS 61,307 66,123
Current liabilities    
Accounts payable 6,954 3,505
Commissions payable 6,093 6,651
Income tax payable 772 0
Lease liabilities 1,675 1,521
Other accrued expenses 6,981 7,932
Total current liabilities 22,475 19,609
Long-term lease liabilities 11,852 11,566
Other long-term liabilities 211 299
Total liabilities 34,538 31,474
Commitments and contingencies - Note 7
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 12,688 and 12,622 issued and outstanding as of March 31, 2024 and June 30, 2023, respectively 1 1
Additional paid-in capital 136,198 134,314
Accumulated deficit (107,709) (98,305)
Accumulated other comprehensive loss (1,721) (1,361)
Total stockholders’ equity 26,769 34,649
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 61,307 $ 66,123