v3.26.1
Shareholders' Equity (Tables)
12 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Stock by Class As of June 30, 2026, the Company has reserved the following authorized, but unissued, shares of common stock:
ESPP159 
Stock awards outstanding under 2020 Plan20,502,904 
Stock awards available for grant under 2020 Plan1,968,883 
Options outstanding under 2003 Plan423,399 
Total22,895,345 
Schedule of Share-Based Compensation Activity
Total share-based compensation for stock awards included in selling, general and administrative expense in the consolidated statements of comprehensive income (loss) was as follows for the periods presented:
Year Ended June 30,
(in thousands)202620252024
Share-based compensation related to:
Equity classified stock options$283 $1,607 $2,733 
Equity classified RSUs
9,857 10,070 7,701 
Equity classified PSU's— — 33 
Equity classified PVUs
4,722 6,680 3,349 
Total $14,862 $18,357 $13,816 
Schedule of Stock Option Activity The following table summarizes stock option activity under the Stock Plans for the year ended June 30, 2026:
Number of OptionsWeighted- Average Exercise PriceWeighted- Average Remaining Contractual Term (in Years)Aggregate Intrinsic Value (in Thousands)
Outstanding—June 30, 2025
3,338,025 $12.30 
Options exercised— — 
Options forfeited/expired/cancelled(141,130)15.53 
Outstanding—June 30, 2026
3,196,895 $12.16 4.45$— 
Vested and exercisable—June 30, 2026
3,196,895 $12.16 4.45$— 
Schedule of Restricted Stock Unit Activity
The following table summarizes restricted stock unit activity under the 2020 Stock Plan for the year ended June 30, 2026:

Number of Restricted Stock UnitsWeighted-Average Grant Date Fair Value
Unvested as of June 30, 2025
8,389,188 $2.30 
Granted5,967,147 1.73 
Vested(4,375,083)2.28 
Forfeited(611,931)2.08 
Unvested as of June 30, 2026
9,369,321 $1.96 
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award
The following table summarizes the number of shares, stock price hurdles, service periods, and performance periods for each tranche, for the PVUs granted during the year ended June 30, 2026:

Number of Shares per TrancheGrant Date Fair Value (per Share)Stock Price Hurdle (per Share)Performance PeriodRequisite Service Period
Tranche 1636,666 $1.67 $2.50 
August 1, 2025 - August 1, 2030
1 year - 3 years
Tranche 2636,668 $1.59 $4.00 
August 1, 2025 - August 1, 2030
1.14 years - 3 years
Tranche 3636,666 $1.49 $6.00 
August 1, 2025 - August 1, 2030
1.62 years - 3 years

The following table summarizes the number of shares, stock price hurdles, service periods, and performance periods for each tranche, for the PVUs awarded during the year ended June 30, 2025:
Number of Shares per TrancheGrant Date Fair Value (per Share)Stock Price Hurdle (per Share)Performance PeriodRequisite Service Period
Tranche 1772,027 $3.98 $3.13 
August 1, 2024 - August 1, 2029
1 year - 3 years
Tranche 2772,020 $3.75 $6.00 
August 1, 2024 - August 1, 2029
1 year - 3 years
Tranche 3772,027 $3.49 $9.00 
August 1, 2024 - August 1, 2029
1.31 years - 3 years
Schedule of Stock Options, Valuation Assumptions The Company used the following weighted-average assumptions for the PVUs granted during the period presented below:
Shares Granted August 1, 2025
Shares Granted August 1, 2024
Share price as of grant date $1.74$4.01
Volatility104.2%88.8%
Risk-free interest rate3.7%3.8%
Cost of Equity15.8%12.6%
Dividend yield—%—%
Schedule of Nonvested Share Activity
The following table summarizes price-vested stock unit activity under the 2020 Stock Plan for the year ended June 30, 2026:

Number of Price-Vested UnitsWeighted-Average Grant Date Fair Value
Unvested as of June 30, 2025
7,481,813 $2.11 
Granted1,910,000 $1.58 
Vested(755,544)$2.16 
Forfeited(276,182)$2.33 
Unvested as of June 30, 2026
8,360,087 $1.96