v3.26.1
Accounts Receivable and Significant Client
 12 Months Ended
Jun. 30, 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:
($000s)June 30,
2026		June 30,
2025
Accounts receivable$125,857 $117,368 
Less: Allowance for credit losses(565)(232)
Accounts receivable, net$125,292 $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:
($000s)June 30,
2026		June 30,
2025
Beginning balance$232 $72 
Provision for credit losses461 535 
Reversal of provision for credit losses(34)(21)
Uncollectible receivables written off(99)(354)
Effect of foreign exchange5 — 
Ending balance$565 $232 
Significant Client
During the years ended June 30, 2026 and 2025, the Company had one client that contributed approximately 9% and 11% of total revenue, respectively. As of June 30, 2026 and 2025, the accounts receivable from this client was $9.9 million and $9.2 million, 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 June 30, 2026.