v3.23.1
Fair value measurements and the fair value option (Tables)
 9 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets Measured on Recurring Basis The following fair value hierarchy table presents information about the Company’s assets measured at fair value on a recurring basis:

 

 

Fair value measurement at

 

 

 

reporting date using

 

(in thousands)

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

March 31, 2023

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

Available for sale securities

 

$

1,642

 

 

$

—

 

 

$

—

 

Liabilities:

 

 

 

 

 

 

 

 

 

Convertible notes

 

$

—

 

 

$

—

 

 

$

11,423

 

June 30, 2022

 

 

 

 

 

 

 

 

 

Assets:

 

 

 

 

 

 

 

 

 

Available for sale securities

 

$

2,744

 

 

$

—

 

 

$

—

 

Liabilities:

 

 

 

 

 

 

 

 

 

Convertible notes

 

$

—

 

 

$

—

 

 

$

12,342

 
Schedule of Changes in the fair value resulting from changes in the instrument-specific credit risk Changes in the fair value resulting from changes in the instrument-specific credit risk will be presented separately in other comprehensive income.

 

(in thousands)

 

March 31, 2023

 

Balance at July 1, 2022

 

$

12,342

 

Change due to payment of principal and interest

 

$

(2,965

)

Change in credit risk

 

$

(70

)

Change in time to maturity, stock price and Risk-Free Rates

 

$

1,898

 

FX Impact

 

$

218

 

Balance at March 31, 2023

 

$

11,423