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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Jun. 30, 2019
Current assets    
Cash and cash equivalents $ 3,349 $ 1,588
Accounts receivable 101 3
Inventory:    
Raw materials, net 416 150
Work-in-process 38 181
Finished goods 222  
Income tax receivable 429 429
Prepaid expenses and other current assets 117 371
Total current assets 4,672 2,722
Property and equipment, net 99 469
Assets held for disposal, net 237  
Operating leases, right-of-use asset, net 851  
Long-term income tax receivable   429
Other assets, net 71 72
Total assets 5,930 3,692
Current liabilities    
Accounts payable 239 160
Payroll related accruals 433 319
Accrued expenses and other liabilities 627 357
Income tax payable 2 2
Term note payable - related party 2,500  
Term note payable 210  
Lease liabilities, current 339  
Total current liabilities 4,350 838
Term note payable, net of current portion 332  
Lease liabilities, non-current 623  
Other liabilities   146
Total liabilities 5,305 984
Commitments and contingencies (Note 14)
Stockholders’ equity    
Common stock, $0.001 par value, 50,000,000 and 15,000,000 shares authorized at June 30, 2020 and 2019, respectively; 8,250,286 and 6,184,698 shares issued at June 30, 2020 and 2019, respectively; 7,850,362 and 5,775,171 shares outstanding at June 30, 2020 and 2019, respectively 190,599 190,571
Treasury stock, 399,916 shares at cost at June 30, 2020 and 2019 (4,129) (4,129)
Additional paid-in capital 13,934 7,964
Accumulated deficit (199,779) (191,698)
Total stockholders’ equity 625 2,708
Total liabilities and stockholders’ equity 5,930 3,692
Convertible Preferred Stock    
Stockholders’ equity    
Convertible preferred stock, $0.001 par value, 2,500,000 shares authorized; 0 and 280,898 shares of Series C and 280,898 shares of Series D issued and outstanding at June 30, 2020 and 2019, respectively