v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Sep. 30, 2026
Sep. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (20,301) $ (30,459)
Adjustments to reconcile net loss to net cash, cash equivalents, and restricted cash used in operating activities:    
Depreciation and amortization 4,460 4,300
Loss on disposal of property, equipment, and software (74) 0
Share-based compensation expense 2,731 4,327
Deferred income taxes (9,374) (9,168)
Amortization of debt issuance costs and debt discount 964 1,184
Change in fair value of warrants (12,573) (15,036)
Non-cash lease expense 997 1,021
Changes in operating assets and liabilities:    
Accounts receivable, net 38,375 46,902
Commissions receivable (15,799) (29,001)
Other assets 2,669 2,371
Accounts payable and accrued expenses (10,864) 11,395
Operating lease liabilities (1,165) (1,105)
Other liabilities 2,626 (8,354)
Net cash used in operating activities (17,180) (21,623)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (658) (1,058)
Purchases of software and capitalized software development costs (2,989) (2,926)
Net cash used in investing activities (3,647) (3,984)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from revolving credit facility 169,000 80,000
Payments on revolving credit facility (148,000) (65,000)
Payments on Term Loans (2,031) (3,573)
Payments on ABS Notes (4,232) (4,543)
Payments on other debt (147) (112)
Payments of tax withholdings related to net share settlement of equity awards (1,118) (2,460)
Payments of debt issuance costs 0 (72)
Net cash provided by financing activities 13,472 4,240
NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (7,355) (21,367)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH —Beginning of period 21,677 37,066
CASH, CASH EQUIVALENTS AND RESTRICTED CASH —End of period 14,322 15,699
SUPPLEMENTAL CASH FLOW INFORMATION:    
Interest paid, net (9,941) (10,380)
Payment of income taxes, net (1,508) (220)
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:    
Capital expenditures in accounts payable and accrued expenses 219 573
Senior Non-Convertible Preferred Stock accretion 4,818 4,176
Senior Non-Convertible Preferred Stock accumulated dividends $ 15,343 $ 13,306