v3.26.1
Acquisitions (Tables)
 12 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Summary of Preliminary Purchase Allocation The following table summarizes the purchase price allocations relating to the business combination (in thousands):

 

 

Valuation

 

Cash consideration paid

 

$

3,743

 

Earnout - current

 

 

200

 

Earnout - long-term

 

 

300

 

Total purchase price

 

$

4,243

 

Assets acquired:

 

 

 

Inventory

 

$

321

 

Other assets

 

 

257

 

Intangible assets

 

 

3,200

 

Total identifiable assets

 

 

3,778

 

Goodwill

 

$

465

 
Schedule of Intangible Assets Acquired

In connection with the acquisition of LoveBiome, the Company identified and valued the following intangible assets:

 

Category

 

Amount
(in thousands)

 

 

Useful Life
(Years)

 

Trade name

 

$

700

 

 

 

5

 

Know-how

 

 

300

 

 

 

5

 

Consultant sales force

 

 

2,200

 

 

 

7

 

Total acquired identifiable intangible assets(1)

 

$

3,200

 

 

 

 

 

(1) The fair value was determined using Level 3 assumptions.
Schedule of Unaudited Supplemental Information on a Proforma Basis

Unaudited supplemental information on a pro forma basis, as if the LoveBiome transaction had been consummated on July 1, 2024, is as follows (in thousands):

 

Year ended June 30,

 

 

2026

 

 

2025

 

Revenue

 

$

185,124

 

 

$

237,293

 

Earnings

 

 

5,019

 

 

 

10,158