v3.25.3
Revenue recognition
 3 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue recognition Revenue recognition
The Company disaggregates its revenue based on how it markets its products and services and reviews results of operations. The following table disaggregates revenues by major product lines and services:
Three months ended
September 30,
2025		August 25,
2024
CDMO$21,749 $20,180 
HA manufacturing9,360 4,525 
Total$31,109 $24,705 
The following table disaggregates revenues by the timing of revenue recognition:
Three months ended
September 30,
2025		August 25,
2024
Revenues recognized over time$4,533 $5,876 
Revenues recognized at a point in time26,576 18,829 
Total$31,109 $24,705 
During the three months ended September 30, 2025, the Company had revenue concentrations of 10% or greater from two customers, with those customers comprising 38% and 20% of revenue. During the three months ended August 25, 2024, the Company had revenue concentrations of 10% or greater from two customers, with those customers comprising 32% and 24% of revenue.
Contract assets primarily relate to the Company’s unconditional right to consideration for work completed but not billed at the reporting date. Contract liabilities primarily relate to payments received from customers in advance of performance under a contract.
The following table presents changes in contract assets and liabilities:
Contract assets, current
Contract liabilities, current
Contract liabilities, noncurrent
Balance at June 30, 2025$9,025 $(5,195)$(2,560)
Changes to the comparative balance sheet amount arising from:
Amounts billed as accounts receivable as the result of rights to consideration becoming unconditional
(4,965)— — 
Recognition of revenue as the result of performance obligations satisfied
— 412 — 
Reclassification of scheduled satisfaction of performance obligations from noncurrent to current due to passage of time
— — 1,487 
Net change to contract balances recognized after the comparative balance sheet date due to amounts billed, recognition of revenue, changes in estimate, reclassifications from noncurrent to current, and interest from significant financing component
325 (2,431)(95)
Balance at September 30, 2025$4,385 $(7,214)$(1,168)