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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 11,780 $ 8,633
Restricted cash 5 676
Accounts receivable, less allowance for doubtful accounts of $756 and $768 at June 30, 2016 and 2015, respectively 11,876 13,118
Deferred commissions 787 633
Prepaid expenses 1,480 906
Other current assets 426 719
Total current assets 26,354 24,685
Property and equipment, net 1,688 3,136
Deferred commissions net of current portion 325 297
Intangible assets, net 4,839 7,620
Goodwill 13,186 13,186
Other assets 1,671 807
Total assets 48,063 49,731
Current liabilities:    
Accounts payable 2,099 1,779
Accrued compensation 5,642 6,910
Accrued liabilities 5,670 2,664
Deferred revenue 12,672 14,395
Capital lease obligations 329 471
Bank borrowings 828 505
Total current liabilities 27,240 26,724
Deferred revenue, net of current portion 3,045 1,417
Capital lease obligation, net of current portion 153 295
Bank borrowings, net of current portion 20,223 18,259
Other long term liabilities 1,679 1,937
Total liabilities 52,340 48,632
Commitments and contingencies (Notes 7 and 8)
Stockholders' equity (deficit):    
Common stock, $0.001 par value - authorized: 50,000 shares; outstanding: 27,108 and 27,022 shares at June 30, 2016 and 2015, respectively 27 27
Additional paid-in capital 342,689 341,329
Notes receivable from stockholders (81) (78)
Accumulated other comprehensive loss (1,663) (1,170)
Accumulated deficit (345,249) (339,009)
Total stockholders' equity (deficit) (4,277) 1,099
Total liabilities and stockholders' equity (deficit) $ 48,063 $ 49,731