Convertible Notes	3 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]
Convertible Notes	12. Convertible Notes As of September 30, 2026 and June 30, 2026, the total outstanding principal balance of convertible notes due on February 26, 2030 (the Convertible Notes) was $36.8 million and $36.8 million, including cumulative interest paid in-kind. The Convertible Notes are held by a consortium of investors, including $17.9 million issued to certain related parties as of September 30, 2026. The Convertible Notes accrue interest at 5.0% per annum, payable semiannually in arrears on June 30 and December 31, commencing June 30, 2020, in cash or in kind at the option of the Company. Each $1,000 principal amount of the Convertible Notes are convertible into 288.0018 shares of the Company’s common stock, subject to the terms therein, prior to maturity at the option of the holder. As of September 30, 2026, funds managed by ICAM owned approximately $8.8 million aggregate principal amount of the Convertible Notes, which were convertible into approximately 2,521,618 shares of the Company’s common stock as of such date. Such funds managed by ICAM have agreed to not convert their Convertible Notes into shares of the Company’s common stock prior to November 2026. As of September 30, 2026, Matthew A. Drapkin and funds managed by Northern Right Capital Management, L.P. (Northern Right) owned approximately $8.2 million aggregate principal amount of the Convertible Notes, which were convertible into approximately 2,364,027 shares of the Company's common stock as of such date. Mr. Drapkin and certain funds managed by Northern Right have agreed not to convert their notes into shares of the Company's common stock prior to July 2027. Furthermore, $0.9 million of Convertible Notes were issued to entities associated with Eric J. Scheyer, a member of the Company’s Board of Directors. In addition, a third party noteholder, PC Elfun, LLC (PC Elfun), was issued $12.0 million of Convertible Notes which were convertible into approximately 2,964,179 shares of the Company’s common stock as of September 30, 2026, as PC Elfun has agreed not to convert its notes into shares of the Company's common stock if such conversion would cause them to beneficially own in excess of 9.9% of the number of common stock outstanding immediately after giving effect to such conversion. The Company may, subject to compliance with the terms of the Convertible Notes, effect the conversion of some or all of the Convertible Notes into shares of common stock, subject to certain liquidity and pricing requirements, as specified in the Convertible Notes. The embedded conversion feature in the Convertible Notes qualifies for the scope exception to derivative accounting in FASB ASC Topic 815, Derivatives and Hedging, for certain contracts involving a reporting entity’s own equity. The Company incurred $1.2 million in issuance costs on the original issuance. The debt issuance costs are being amortized over the 10-year term and are netted with the principal balance on our condensed consolidated balance sheets. As of September 30, 2026 and June 30, 2026, the remaining balance of unamortized debt issuance costs was $0.3 million and $0.4 million, respectively. During the three months ended September 30, 2026 and September 30, 2025, the Company incurred interest expense of $0.5 million and $0.5 million, respectively, related to the Convertible Notes, inclusive of non-cash interest related to amortization of debt issuance costs.

Convertible Notes

3 Months Ended

Sep. 30, 2026

12. Convertible Notes

As of September 30, 2026 and June 30, 2026, the total outstanding principal balance of convertible notes due on February 26, 2030 (the Convertible Notes) was $36.8 million and $36.8 million, including cumulative interest paid in-kind. The Convertible Notes are held by a consortium of investors, including $17.9 million issued to certain related parties as of September 30, 2026.

The Convertible Notes accrue interest at 5.0% per annum, payable semiannually in arrears on June 30 and December 31, commencing June 30, 2020, in cash or in kind at the option of the Company. Each $1,000 principal amount of the Convertible Notes are convertible into 288.0018 shares of the Company’s common stock, subject to the terms therein, prior to maturity at the option of the holder. As of September 30, 2026, funds managed by ICAM owned approximately $8.8 million aggregate principal amount of the Convertible Notes, which were convertible into approximately 2,521,618 shares of the Company’s common stock as of such date. Such funds managed by ICAM have agreed to not convert their Convertible Notes into shares of the Company’s common stock prior to November 2026. As of September 30, 2026, Matthew A. Drapkin and funds managed by Northern Right Capital Management, L.P. (Northern Right) owned approximately $8.2 million aggregate principal amount of the Convertible Notes, which were convertible into approximately 2,364,027 shares of the Company's common stock as of such date. Mr. Drapkin and certain funds managed by Northern Right have agreed not to convert their notes into shares of the Company's common stock prior to July 2027. Furthermore, $0.9 million of Convertible Notes were issued to entities associated with Eric J. Scheyer, a member of the Company’s Board of Directors. In addition, a third party noteholder, PC Elfun, LLC (PC Elfun), was issued $12.0 million of Convertible Notes which were convertible into approximately 2,964,179 shares of the Company’s common stock as of September 30, 2026, as PC Elfun has agreed not to convert its notes into shares of the Company's common stock if such conversion would cause them to beneficially own in excess of 9.9% of the number of common stock outstanding immediately after giving effect to such conversion.

The Company may, subject to compliance with the terms of the Convertible Notes, effect the conversion of some or all of the Convertible Notes into shares of common stock, subject to certain liquidity and pricing requirements, as specified in the Convertible Notes.

The embedded conversion feature in the Convertible Notes qualifies for the scope exception to derivative accounting in FASB ASC Topic 815, Derivatives and Hedging, for certain contracts involving a reporting entity’s own equity. The Company incurred $1.2 million in issuance costs on the original issuance. The debt issuance costs are being amortized over the 10-year term and are netted with the principal balance on our condensed consolidated balance sheets. As of September 30, 2026 and June 30, 2026, the remaining balance of unamortized debt issuance costs was $0.3 million and $0.4 million, respectively.

During the three months ended September 30, 2026 and September 30, 2025, the Company incurred interest expense of $0.5 million and $0.5 million, respectively, related to the Convertible Notes, inclusive of non-cash interest related to amortization of debt issuance costs.