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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2016
Jun. 30, 2016
Current Assets:    
Cash and cash equivalents $ 2,180 $ 2,294
Investments 291
Accounts receivable, net of allowance for doubtful accounts of $25 and $20, respectively 1,026 1,469
Due from factor 2,409 1,419
Deferred costs 582 238
Assets held for sale 310 287
Other current receivables 32 91
Inventory 3,272 3,364
Prepaid expenses 123 129
Total current assets 10,225 9,291
Equipment and leasehold improvements, net 1,458 1,222
Deferred income taxes 2,837
Goodwill 112 112
Intangibles, net 331 451
Other assets 71 71
Total assets 15,034 11,147
Current Liabilities:    
Accounts payable 761 841
Accrued expenses 1,446 1,076
Deferred revenue 452 212
Notes payable 26 26
Income taxes payable 3 1
Capital lease obligations 31
Total current liabilities 2,719 2,156
Deferred rent, net of current portion 23 68
Notes and capital leases payable, net of current portion 91 46
Total non-current liabilities 114 114
Total liabilities 2,833 2,270
Shareholders' equity:    
Common shares; no par value; 50,000,000 shares authorized; 4,040,169 and 4,052,987 shares issued and outstanding at December 31, 2016 and June 30, 2016, respectively 17,838 17,988
Accumulated comprehensive loss (6)
Accumulated deficit (5,631) (9,111)
Total shareholders' equity 12,201 8,877
Total liabilities and shareholders' equity $ 15,034 $ 11,147