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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Jun. 30, 2018
Current Assets:    
Cash $ 475 $ 228
Accounts receivable, net 4,439 3,796
Inventories 8,819 7,741
Other current assets 346 493
Total current assets 14,079 12,258
Property and equipment, net 1,778 1,651
Operating lease right-of-use assets 3,284
Deferred tax assets, net 534 567
Security deposits and other assets 115 92
Total Assets 19,790 14,568
Current Liabilities:    
Advances under revolving credit facility 5,834 4,894
Accounts payable (includes $67 and $141 due to a related party) 3,855 4,184
Accrued expenses and other current liabilities 1,147 1,060
Current portion of long term debt, net 1,047 773
Current portion of operating lease liabilities 470
Current portion - Subordinated convertible note, net - CD Financial, LLC 5,269
Total current liabilities 12,353 16,180
Long term debt, net 2,722 3,624
Operating lease liabilities 2,822
Total Liabilities 17,897 19,804
Commitments and Contingencies
Stockholders' Equity (Deficiency):    
Common Stock, $0.002 par value; 50,000,000 shares authorized; 29,600,843 and 21,170,074 shares issued; and 29,565,943 and 21,135,174 shares outstanding 59 42
Additional paid-in-capital 50,197 44,773
Accumulated deficit (48,264) (49,952)
Less: Treasury stock, at cost, 34,900 shares (99) (99)
Total Stockholders' Equity (Deficiency) 1,893 (5,236)
Total Liabilities and Stockholders' Equity/Deficiency $ 19,790 $ 14,568