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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities    
Net loss $ (2,470) $ (83)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 578 478
Depreciation and amortization 147 105
Amortization of acquired intangible assets 144 0
Amortization of manufacturing profit in acquired inventory associated with acquisition 171 0
Changes in operating assets and liabilities:    
Accounts receivable 863 (496)
Inventories (474) (55)
Contract manufacturers' receivable 905 95
Prepaid expenses and other current assets (304) (331)
Other assets 74 1
Accounts payable (381) 11
Accrued payroll and related expenses 279 (836)
Warranty reserve (8) (7)
Other liabilities (603) 644
Net cash used in operating activities (1,079) (474)
Investing activities    
Purchases of property and equipment (118) (64)
Cash payment for acquisition of Maestro, net of cash and cash equivalents acquired (5,073) 0
Net cash used in investing activities (5,191) (64)
Financing activities    
Net proceeds from issuances of common stock 145 10,023
Tax withholding paid on behalf of employees for restricted shares (127) (113)
Payment of financing lease obligations (2) (15)
Net cash provided by financing activities 16 9,895
Increase (decrease) in cash and cash equivalents (6,254) 9,357
Cash and cash equivalents at beginning of period 18,282 9,568
Cash and cash equivalents at end of period $ 12,028 $ 18,925