v3.26.1
Segment Reporting (LLC)
 6 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company is organized and operates as one reportable segment, which carries out business activities related to the design, development, manufacturing, and marketing of products and services. The Company’s chief operating decision maker (“CODM”), the Chief Executive Officer, reviews operating results and profitability metrics at a consolidated entity level for purposes of making resource allocation decisions and for evaluating financial performance.
The CODM assesses performance of the Company and decides how to allocate resources based on net income (loss) that is also reported on the consolidated income statement. Significant segment expenses are consistent with those presented on the consolidated statements of operations. The measure of segment assets is reported on the consolidated balance sheets as total assets, and total capital expenditures, depreciation, and amortization are reported on the consolidated statements of cash flows. The CODM is involved in determining and reviewing projected net income and income from operations as part of the annual operating plan process. Throughout the year, the CODM considers forecast to actual results and variances on a monthly and quarterly basis to allocate resources for the Company.
The following table presents selected financial information with respect to the Company’s single reportable segment as follows (in thousands):
Three Months Ended
December 31,		Six Months Ended
December 31,
2025202420252024
Revenues$296,404 $175,338 $579,678 $329,351 
Cost of Revenues194,648 111,583 379,970 199,151 
Gross Profit101,756 63,755 199,708 130,200 
Operating Expenses
Selling, general and administrative expenses68,145 29,656 121,728 55,803 
Depreciation and amortization13,521 15,154 26,727 32,851 
Total operating expenses81,666 44,810 148,455 88,654 
Income from Operations20,090 18,945 51,253 41,546 
Total Other Expense, net(20,581)(11,668)(33,254)(25,721)
Income Tax Benefit (Expense)400 (846)(2,534)(2,057)
Net (Loss) Income$(91)$6,431 $15,465 $13,768