v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Current Assets:    
Cash and cash equivalents $ 60,466 $ 20,098
Accounts receivable, net 25,317 25,092
Inventories, net 25,804 26,371
Contract manufacturers’ receivable 3,500 3,071
Prepaid expenses and other current assets 2,347 2,761
Total current assets 117,434 77,393
Property and equipment, net 1,453 2,456
Goodwill 31,089 31,089
Intangible assets, net 2,177 3,738
Lease right-of-use assets 7,428 8,422
Other assets 755 624
Total assets 160,336 123,722
Current Liabilities:    
Accounts payable 16,971 13,259
Accrued payroll and related expenses 4,820 3,471
Current portion of long-term debt, net 0 3,070
Other current liabilities 10,284 10,622
Total current liabilities 32,075 30,422
Long-term debt, net 0 8,684
Other non-current liabilities 8,985 10,238
Total liabilities 41,060 49,344
Commitments and contingencies (Note 9)  
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value; 100,000,000 shares authorized; 46,594,283 and 39,102,563 shares issued and outstanding at June 30, 2026 and 2025, respectively 5 4
Additional paid-in capital 357,502 308,397
Accumulated deficit (238,575) (234,394)
Accumulated other comprehensive income 344 371
Total stockholders’ equity 119,276 74,378
Total liabilities and stockholders’ equity $ 160,336 $ 123,722