Note 17 - Public Offering of Class A Common Stock |
6 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Notes to Financial Statements | |
| Equity [Text Block] |
17. Public Offering of Class A Common Stock
On December 12, 2025, we entered into an underwriting agreement (the “Underwriting Agreement”) with Canaccord Genuity LLC and Craig-Hallum Capital Group LLC, as representatives of the several underwriters named therein (the “Underwriters”), relating to an underwritten public offering (the “Offering”) of 7,750,000 shares of Class A Common Stock, at a public offering price of $7.75 per share. Pursuant to the terms of the Underwriting Agreement, the Company granted to the Underwriters a 30-day option to purchase up to an additional 1,162,500 shares of Class A Common Stock in the Offering at the public offering price. The Offering closed on December 15, 2025, for a total of 8,912,500 shares of Class A Common Stock (including the 1,162,500 shares issuable pursuant to the Underwriter’s 30-day option), with net proceeds of $65.3 million after deducting underwriting discounts and commissions and other offering expenses paid by the Company. |