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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Jun. 30, 2022
Current assets    
Cash and cash equivalents $ 18,273 $ 26,453
Short-term investments 30,675 26,173
Accounts receivable 38 56
Cost and estimated revenue in excess of billings 0 2
Inventory, net:    
Raw materials 925 864
Work-in-process 76 136
Finished goods 465 518
Prepaid expenses and other current assets 901 748
Total current assets 51,353 54,950
Property and equipment, net 1,350 1,098
Operating lease assets 140 162
Other assets 11 11
Total assets 52,854 56,221
Current liabilities    
Accounts payable 287 169
Payroll related accruals 478 816
Accrued expenses and other liabilities 883 961
Income tax payable 1 2
Term note payable - related party 0 500
Lease liabilities, current 239 234
Total current liabilities 1,888 2,682
Lease liabilities, net of current portion 241 303
Total liabilities 2,129 2,985
Commitments and contingencies (Note 13)
Stockholders’ equity    
Convertible preferred stock, $0.001 par value, 2,500,000 shares authorized; 280,898 shares of Series D issued and outstanding at September 30, 2022 and June 30, 2022 0 0
Common stock, $0.001 par value, 250,000,000 shares authorized at September 30, 2022 and June 30, 2022; 50,629,183 and 50,567,864 shares issued and outstanding at September 30, 2022 and June 30, 2022, respectively 190,642 190,642
Additional paid-in capital 79,892 79,505
Accumulated deficit (218,242) (215,712)
Accumulated other comprehensive loss (1,567) (1,199)
Total stockholders’ equity 50,725 53,236
Total liabilities and stockholders’ equity $ 52,854 $ 56,221