CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Jun. 30, 2015
Current assets:
Cash and cash equivalents	$ 2,294	$ 697
Accounts receivable, net of allowance for doubtful accounts of $20 and $36 at June 30, 2016 and 2015, respectively	1,469	2,326
Due from factor	1,419
Deferred costs	238	853
Other current receivables	91	28
Inventory	3,573	4,310
Prepaid expenses	134	124
Deferred income taxes		70
Total current assets	9,218	8,408
Plant, equipment and leasehold improvements, net	1,286	1,470
Investment in Ramsey property and related notes receivable		1,652
Goodwill	112	353
Intangibles	451	547
Other assets	80	86
Total assets	11,147	12,516
Current liabilities:
Accounts payable	841	1,867
Accrued liabilities	997	1,202
Deferred revenue	212	594
Income taxes payable	1
Note payable	26	24
Capital lease obligations		7
Total current liabilities	2,077	3,694
Non-current liabilities:
Deferred income taxes		70
Deferred rent	147	204
Note payable, net of current portion	46	70
Total non-current liabilities	193	344
Total liabilities	2,270	4,038
Commitments and Contingencies
Shareholders' equity:
Common stock, no par value, 50,000,000 shares authorized; 4,052,987 and 4,139,579 shares issued and outstanding at June 30, 2016 and 2015, respectively	17,988	18,411
Accumulated other comprehensive income
Accumulated deficit	(9,111)	(9,933)
Total shareholders' equity	8,877	8,478
Total liabilities and shareholders' equity	$ 11,147	$ 12,516