v3.25.2
SUBSEQUENT EVENTS
12 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 14. SUBSEQUENT EVENTS

 

In August 2025, the Company closed on an agreement to sell its Pose With the Pros business for an initial consideration of $0.25 million in cash and potential future revenue royalties. In connection therewith, the Company received a $0.05 million nonrefundable prepayment of the consideration in June 2025, which is recorded in accrued liabilities in the balance sheet as of June 30, 2025. This divestiture is not expected to have a material effect on the Company’s revenue and expense. It is anticipated the Company will record a gain at the time of the sale of no more than the initial consideration.