v3.25.1
Concentration of credit risk (Notes)
9 Months Ended
Mar. 31, 2025
Concentration Risk [Line Items]  
Concentration Risk Disclosure [Text Block] Concentration of Credit Risk
Credit Risk

Financial instruments, which potentially subject the Company to the concentration of credit risk, consist principally of cash and cash equivalents, restricted cash and trade receivables. Concentration of credit risk with respect to trade receivables is generally diversified due to the large number of entities comprising the Company's customer base and their dispersion across geographic areas principally within the United States and international. The Company routinely addresses the financial strength of its customers and, as a consequence, believes that its receivable credit risk exposure is limited. The Company does not require customers to post collateral.

Major Customer

    One customer accounted for 14% of net revenue during the three-month period ended March 31, 2025. One customer accounted for 16% of net revenue during the nine-month period ended March 31, 2025. One customer accounted for 13% of net revenue during the three-month period ended March 31, 2024. One customer accounted for 11% of net revenue during the nine-month period ended March 31, 2024.

    As of March 31, 2025, the Company had one customer that represented 21% of the total accounts receivable balance. As of June 30, 2024, the Company had two customers that represented 37% and 14% of the total accounts receivable balance, respectively.

Major Supplier

    The Company's two largest suppliers accounted for 42% and 14% of total purchases for the three-month period ended March 31, 2025, respectively. The Company's one largest supplier accounted for 42% of total purchases for the nine-month period ended March 31, 2025. The Company's two largest suppliers accounted for 36% and 11% of total purchases for the
three-month period ended March 31, 2024, respectively. The Company's one largest supplier accounted for 40% of total purchases for the nine-month period ended March 31, 2024.

    As of March 31, 2025, the Company had one supplier that represented 39% of the total accounts payable balance. As of June 30, 2024, the Company had two suppliers that represented approximately 25% and 21% of the total accounts payable balance, respectively.

Disaggregated Revenue

    Domestic and international sales from operations are as follows:
(in thousands)For the Three Months Ended March 31, For the Nine Months Ended March 31,
2025202420252024
Domestic$1,789 51 %$1,339 50 %$5,218 55 %$4,394 52 %
Foreign1,685 49 %1,357 50 %4,258 45 %4,116 48 %
Total$3,474 100 %$2,696 100 %$9,476 100 %$8,510 100 %