v3.26.1
Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Net revenue $ 12,411 $ 18,452 $ 41,464 $ 51,247
Cost of goods sold 4,812 5,646 15,055 15,670
Gross profit 7,599 12,806 26,409 35,577
Operating expenses:        
Selling and marketing 5,929 5,194 17,249 16,125
General and administrative 4,973 4,109 14,967 13,683
Research and development 0 162 0 1,110
Amortization of intangible assets 761 920 1,731 2,762
Restructuring costs 0 0 0 2,101
Total operating expenses 11,663 10,385 33,947 35,781
(Loss) income from operations (4,064) 2,421 (7,538) (204)
Other income, net 149 36 540 718
Interest expense (436) (900) (1,512) (2,973)
Derivative warrant liabilities (loss) gain (1,257) 2,261 (5,717) 8,157
(Loss) income from continuing operations before income tax expense (5,608) 3,818 (14,227) 5,698
Income tax (expense) benefit (10) 122 (10) 0
Net (loss) income from continuing operations (5,618) 3,940 (14,237) 5,698
Net income from discontinued operations, net of tax 0 54 0 558
Net (loss) income $ (5,618) $ 3,994 $ (14,237) $ 6,256
Basic weighted-average common shares outstanding (note 17) (in shares) 10,511,583 6,134,634 9,992,577 6,111,550
Diluted weighted-average common shares outstanding (note 17) (in shares) 10,511,583 8,204,453 9,992,577 8,606,013
Net (loss) income per share (note 17):        
Basic - continuing operations (in dollars per share) $ (0.53) $ 0.64 $ (1.42) $ 0.93
Diluted - continuing operations (in dollars per share) (0.53) 0.2 (1.42) (0.29)
Basic - discontinued operations, net of tax (in dollars per share) 0 0.01 0 0.09
Diluted - discontinued operations, net of tax (in dollars per share) 0 0.01 0 0.06
Basic - net (loss) income (in dollars per share) (0.53) 0.65 (1.42) 1.02
Diluted - net (loss) income (in dollars per share) $ (0.53) $ 0.21 $ (1.42) $ (0.22)