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Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2017
Jun. 30, 2017
Current assets:    
Cash and cash equivalents $ 5,871,135 $ 11,782,962
Accounts receivable, net 416,830 469,906
Inventories, net 1,566,273 2,482,013
Costs and estimated earnings in excess of billings 2,299,876 87,318
Prepaid expenses and other current assets 849,338 630,998
Total current assets 11,003,452 15,453,197
Long-term assets:    
Property, plant and equipment, net 2,830,849 3,446,253
Investment in investee company 1,809,265 1,947,728
Goodwill 809,363 809,363
Right of use assets-operating leases 1,170,793 150,214
Other assets 93,862 7,502
Total assets 17,717,584 21,814,257
Current liabilities:    
Current maturities of long-term debt 556,950 726,256
Accounts payable 1,884,332 487,185
Billings in excess of costs and estimated earnings 50,888 456,950
Accrued expenses 1,341,678 1,231,714
Total current liabilities 3,833,848 2,902,105
Long-term liabilities:    
Long-term debt, net of current maturities 331,827 331,827
Deferred revenue 422,638 422,638
Other long-term liabilities 1,156,124 249,920
Total liabilities 5,744,437 3,906,490
Commitments and contingencies
Equity    
Series B redeemable convertible preferred stock ($0.01 par value, $1,000 face value), 3,000 shares authorized and issued, 2,300 shares outstanding, preference in liquidation of $5,799,722 and $5,631,086 as of December 31, 2017 and June 30, 2017, respectively 23 23
Series C convertible preferred stock ($0.01 par value, $1,000 face value), 28,048 shares authorized, issued, and outstanding, preference in liquidation of $6,173,422 and $12,276,682 as of December 31, 2017 and June 30, 2017, respectively 280 280
Common stock ($0.01 par value), 300,000,000 authorized, 56,061,961 and 55,200,963 shares issued and outstanding as of December 31, 2017 and June 30, 2017, respectively 1,268,934 1,260,324
Additional paid-in capital 142,473,190 141,822,317
Accumulated deficit (131,067,121) (124,639,644)
Accumulated other comprehensive loss (1,584,169) (1,584,578)
Total EnSync, Inc. equity 11,091,137 16,858,722
Noncontrolling interest 882,010 1,049,045
Total equity 11,973,147 17,907,767
Total liabilities and equity $ 17,717,584 $ 21,814,257