XML 51 R24.htm IDEA: XBRL DOCUMENT v3.2.0.727
Composition of Certain Financial Statement Items (Tables)
12 Months Ended
Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of inventory

Inventory is stated at the lower of cost (first-in, first-out) or market and consists of the following (in thousands): 

 

    June 30,  
    2015     2014  
Raw materials /purchased components   $ 2,025     $ 878  
Work in process     1,030       525  
Sub-assemblies /finished components     1,095       823  
Finished goods     160       374  
Total inventory   $ 4,310     $ 2,600  

Schedule of equipment and leasehold improvements

Equipment and leasehold improvements consist of the following (in thousands): 

             
    June 30,  
    2015     2014  
Office furnishings and fixtures   $ 2,008     $ 2,054  
Machinery and equipment     4,803       4,574  
Leasehold improvements     2,086       2,312  
Total     8,897       8,940  
Less: Accumulated depreciation and amortization     (7,427 )     (7,365 )
    $ 1,470     $ 1,575  

Schedule of intangibles

Intangibles consist of the following (in thousands): 

             
    June 30,
2015
    June 30,
2014
 
Capitalized software development costs   $ 73     $ 37  
Covenant not to compete     52        
Trade name     54        
Customer list and backlog     316        
Patent-related costs     96       68  
Total intangibles   $ 591     $ 105  
Less accumulated amortization     (44 )      
    $ 547     $ 105  
Schedule of expected amortization expense

Expected amortization expense for the next five fiscal years ending June 30 are as follows (in thousands):

 

Fiscal Year:   Amortization
Expense
      2016   $117
      2017      53
      2018      53
      2019      53
      2020      47
      Total expected amortization   $323

 

Schedule of accrued liabilities

Accrued liabilities consist of the following (in thousands): 

             
    June 30,  
    2015     2014  
Warranty   $ 261     $ 237  
Payroll and related items     302       240  
Accrued legal and professional fees     46       13  
Accrued sales, use and excise taxes     36       8  
Accrued losses on development contracts     385       468  
Accrued inventory in transit     83       22  
Other     89       102  
    $ 1,202     $ 1,090  
Schedule of accumulated other comprehensive income

Accumulated other comprehensive income consists of the following (in thousands): 

             
    June 30,  
    2015     2014  
Unrealized gain on marketable equity securities   $     $ 262  
Less: Reclassification of gains included in net loss           (65 )
Unrealized gain on marketable securities, net   $     $ 197