Income Taxes (Tables)

12 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of provision (benefit) for income taxes

The provision for income tax expense (benefit) from continuing operations consists of the following amounts (in thousands):

	Years Ended June 30,
	2017			2016
Current:
Federal	$	34		$	11
State		40			14
Deferred:
Federal		(1,263	)		—
State		(900	)		—
Income tax expense (benefit)	$	(2,089	)	$	25

Schedule of reconciliation federal statutory income tax rates

The effective income tax rate on loss from continuing operations differs from the United States statutory income tax rates for the reasons set forth in the table below (in thousands, except percentages).

	Years Ended June 30,
	2017						2016
	Amount			Percent Pretax Income			Amount			Percent Pretax Income
Income (loss) from continuing operations before income taxes	$	2,752			100	%	$	1,128			100	%
Computed “expected” income tax expense (benefit) on income (loss) from continuing operations before income taxes	$	936			34	%	$	384			34	%
State tax, net of federal benefit		270			10	%		9			1	%
Tax incentives		(36	)		(1	%)		(133	)		(12	%)
Change in valuation allowance		(3,252	)		(118	%)		(237	)		(21	%)
Permanent differences		—			—			—			—
State income tax rate adjustment		—			—			—			—
Other		(7	)		(1	%)		2			—
Income tax expense (benefit)	$	(2,089	)		(76	%)	$	25			2	%

Schedule of deferred income tax assets and liabilities

Significant components of our deferred tax assets and liabilities for federal and state income taxes are as follows (in thousands):

	June 30,
	2017			2016
Deferred tax assets:
Federal & State NOL carryforward	$	181		$	1,144
Research & other credits		1,832			1,790
Reserves and accruals		180			337
Inventory		446			432
Other intangibles		178			237
Goodwill		77			89
Other		1			5
Total gross deferred tax assets	$	2,895		$	4,034
Less: valuation allowance		(89	)		(3,773	)
Total deferred tax assets	$	2,806		$	261

	June 30,
	2017			2016
Deferred tax liabilities:
Property and equipment, principally due to differing depreciation methods	$	(438	)	$	(261	)
Deferred state tax		(295	)		—
Other intangibles		(2	)		—
Other		(23	)		—
Total gross deferred tax liabilities		(758	)		(261	)
Net deferred tax assets	$	2,048		$	—

Schedule of accrual unrecognized tax benefits

Information with respect to our accrual for unrecognized tax benefits is as follows (in thousands):

	June 30,
	2017			2016
Unrecognized tax benefits:
Beginning balance	$	446		$	399
Additions based on federal tax positions related to the current year		18			15
Additions based on state tax positions related to the current year		—			13
Additions for tax positions of prior years		1			19
Reductions for tax positions of prior years		(19	)		—
Ending balance	$	446		$	446