XML 37 R3.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Jun. 30, 2011
Current Assets:  
Cash$ 563$ 563
Accounts receivable, net1,9601,205
Inventories4,5095,367
Investment in iBio, Inc., restricted823823
Other current assets163173
Assets held for sale3,6803,722
Total current assets11,69811,853
Property and equipment, net1,5191,598
Security deposits and other assets192199
Total Assets13,40913,650
Current Liabilities:  
Notes Payable7,8057,805
Accounts payable4,5785,152
Convertible note payable - CD Financial LLC, net4,5004,500
Accrued expenses and other current liabilities730921
Notes Payable, CD Financial LLC300300
Liabilities held for sale2,8182,667
Total current liabilities20,73121,345
Common Stock, $0.002 par value; 50,000,000 shares authorized; 20,965,074 and 20,915,074 shares issued at September 30, 2011 and June 30, 2011, 20,930,174 and 20,880,174 shares outstanding at September 30, 2011 and June 30, 20114242
Additional paid-in capital44,55344,543
Accumulated deficit(51,818)(52,181)
Less: Treasury stock, at cost, 34,900 shares(99)(99)
Total Stockholders' Deficiency(7,322)(7,695)
Total Liabilities and Stockholders' Deficiency$ 13,409$ 13,650