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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 735 $ 131
Adjustments to reconcile net income to net cash from operating activities:    
Depreciation and amortization 405 390
Accretion of financing instruments and amortization of prepaid financing costs $ 239 237
Impairment charge on investment in iBio, Inc.   $ 152
Compensation expense on employee stock options $ 104  
Gain on common stock sales of iBio, Inc. (48)  
Change in fair value of derivative instruments (705) $ 21
Allowance for doubtful accounts (20) (7)
Gain on diposal of property and equipment (3) (4)
Changes in operating assets and liabilities:    
Accounts receivable (440) 248
Inventories (79) 733
Prepaid expenses and other current assets (42) 36
Accounts payable (488) (247)
Accrued expenses and other current liabilities 229 187
Net cash (used in) provided by operating activities (113) 1,877
Cash flows from investing activities:    
Purchase of property and equipment (235) $ (182)
Proceeds from common stock sales of iBio, Inc. 79  
Net cash used in investing activities (156) $ (182)
Cash flows from financing activities:    
Advances under revolving credit facility 36,993 32,341
Repayments of advances under revolving credit facility (36,652) $ (32,763)
Proceeds from Line of Credit Note 307  
Repayments under term note payables (616) $ (834)
Repayments under capitalized lease obligations $ (143) (47)
Proceeds from exercise of employee stock options   4
Net cash used in financing activities $ (111) (1,299)
Net (decrease) increase in cash (380) 396
Cash at beginning of fiscal year 451 55
Cash at end of fiscal year 71 451
Supplemental disclosures of cash flow information:    
Interest 714 716
Income taxes 158 7
Supplemental disclosures of non-cash transactions:    
Accretion on embedded derivative feature of Convertible Note Payable 110 108
Financing on capitalized lease obligations $ 185 $ 72