Accounts Receivable

12 Months Ended

Jun. 30, 2014

Receivables [Abstract]

Accounts Receivable

(4) Accounts Receivable

As of June 30, 2014, and 2013, accounts receivable consisted of the following (in thousands):

	2014		2013
U.S. Government contracts:
Billed	$	—	$	1,013
Unbilled		1,169		1,976
Total U.S. Government contracts	$	1,169	$	2,989
Commercial contracts:
Billed	$	99	$	2,076
Unbilled		11		252
Total commercial contracts	$	110	$	2,328
Total accounts receivable	$	1,279	$	5,317

The Company anticipates collecting all unreserved receivables within one year. Unbilled accounts receivable represents revenue earned in excess of contracted billing milestones. The accuracy and appropriateness of our direct and indirect costs and expenses under government cost-plus contracts, and therefore, our accounts receivable recorded pursuant to such contracts, are subject to extensive regulation and audit by the U.S. Defense Contract Audit Agency (“DCAA”) or by other appropriate agencies of the U.S. Government. Such agencies have the right to challenge our cost estimates or allocations with respect to any government contract. In the opinion of management, any adjustments likely to result from remaining inquiries or audits of its contracts would not have a material adverse impact on our financial condition or results of operations.

The following table summarizes the changes in our allowance for doubtful accounts (in thousands):

	2014			2013
Beginning balance	$	(58	)	$	(54	)
Provision for uncollectable accounts, net of recoveries		(35	)		(4	)
Write- off of uncollectable accounts		93			—
Ending balance	$	—		$	(58	)