v3.26.1
Accounts Receivable and Significant Client
 9 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Accounts Receivable and Significant Client ACCOUNTS RECEIVABLE AND SIGNIFICANT CLIENT
Accounts receivable, net in the accompanying consolidated balance sheets consists of the following:

March 31,June 30,
($000s)20262025
Accounts receivable$129,606 $117,368 
Less: Allowance for credit losses(452)(232)
Accounts receivable, net$129,154 $117,136 

The Company will write-off accounts receivable against the allowance when it determines a balance is uncollectible.

Activity in the Company's allowance for credit losses consists of the following:

Three Months Ended March 31,Nine Months Ended March 31,
($000s)2026202520262025
Beginning balance$374 $348 $232 $72 
Provision for credit losses88 105 347 449 
Reversal of provision for credit losses— — (34)(21)
Uncollectible receivables written off(11)(266)(97)(313)
Effect of foreign exchange1 — 4 — 
Ending balance$452 $187 $452 $187 

Significant Client

During the nine months ended March 31, 2026 and 2025, the Company had one client that contributed approximately 10% and 11% of total revenue, respectively.

To limit the Company's credit risk with its clients, management regularly monitors the aging of customer receivables, maintains allowances for credit losses and may require prepayment for services from certain clients. Based on currently available information, management does not believe significant credit risk exists as of March 31, 2026.