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4. Bank Line of Credit and Debt (Details Narrative)
$ in Thousands
6 Months Ended
Dec. 31, 2015
USD ($)
Line of Credit Facility [Abstract]  
Revolving Line description On September 30, 2014, we entered into an amendment (the “Amendment”) to our existing Loan and Security Agreement dated May 23, 2006 (as amended, the “Loan Agreement”) with Silicon Valley Bank (“SVB”). The Amendment provides, among other things, for (i) a renewal of our $4.0 million revolving line of credit with an extended maturity date of September 30, 2016 and (ii) a modification of the revolving credit line borrowing base formula to include a portion of our foreign accounts receivable to the borrowing base and increase the borrowing limit related to domestic accounts receivable.
Maximum borrowing amount $ 4,000
Maturity date Sep. 30, 2016
Interest rate description The Loan Agreement provides for an interest rate per annum equal to the greater of the prime rate plus 0.75% or 4.0%, provided that we maintain a monthly quick ratio of 1.0 to 1.0 or greater. If this ratio is not met, the interest rate will become the greater of the prime rate plus 1.25% or 4.0%.