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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of fair values determined by Level 3 inputs are unobservable data

Fair values determined by Level 3 inputs are unobservable data points for the financial instrument, and included situations where there is little, if any, market activity for the instrument:

 

    As of June 30, 2017  
    Total     Level 1     Level 2     Level 3  
Assets:                        
Cash and cash equivalents   $ 238     $ 238     $     $  
Restricted cash   $ 265       265              
Available for sale securities     23       23              
Total   $ 526     $ 526     $     $  
Liabilities:                                
Convertible debt   $ 3,465     $     $     $ 3,465  
Derivative liability, convertible debt     82                   82  
    $ 3,547     $     $     $ 3,547  

 

    As of June 30, 2016  
    Total     Level 1     Level 2     Level 3  
Assets:                                
Cash and cash equivalents   $ 4,412     $ 4,412     $     $  
Available for sale securities     32       32              
Total   $ 4,444     $ 4,444     $     $  
Liabilities:                                
Convertible debt   $ 5,991     $     $     $ 5,991  
Derivative liability, convertible debt     330                   330  
    $ 6,321     $     $     $ 6,321  
Schedule of derivative liability

The derivative liability was valued using a Black-Scholes pricing model with the following inputs:

 

    2017     2016  
Risk-free interest rate     1.25 %     1.25 %
Expected dividend yield     0 %     0 %
Expected stock price volatility     51.14 %     88.63 %
Expected option life in years     1.25       2.25  
Schedule of reconciliation of changes in the fair value

The following table sets forth a reconciliation of changes in the fair value of the Company’s convertible debt components classified as Level 3 in the fair value hierarchy:

 

    As of June 30,  
    2017     2016  
Beginning balance   $ 6,321     $  
Convertible securities closings     1,000       4,860  
Conversions to equity     (4,103 )     (638 )
Realized and unrealized losses     329       2,099  
Ending balance   $ 3,547     $ 6,321