COMPOSITION OF CERTAIN FINANCIAL STATEMENT ITEMS (Tables)

12 Months Ended

Jun. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of investments

Investments are stated at market value and consist of the following (in thousands):

	June 30,
	2018		2017
Marketable equity securities	$	2,220	$	718

Schedule of inventory

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

	June 30,
	2018		2017
Raw materials /purchased components	$	1,878	$	1,127
Work in process		974		746
Sub-assemblies /finished components		1,193		1,018
Finished goods		348		193
Total inventory	$	4,393	$	3,084

Schedule of equipment and leasehold improvements

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

	June 30,
	2018			2017
Office furnishings and fixtures	$	1,821		$	1,808
Machinery and equipment		4,488			5,140
Leasehold improvements		2,170			2,119
Total		8,479			9,067
Less: Accumulated depreciation and amortization		(6,724	)		(7,717	)
	$	1,755		$	1,350

Schedule of intangibles

Intangibles consist of the following (in thousands):

	June 30,
	2018			2017
Covenant not to compete	$	30		$	30
Patent-related costs		164			153
Total intangibles		194			183
Less accumulated amortization		(54	)		(34	)
	$	140		$	149

Schedule of accrued liabilities

Accrued liabilities consist of the following (in thousands):

	June 30,
	2018		2017
Payroll and related items	$	438	$	417
Accrued inventory in transit		301		52
Accrued legal and professional fees		155		151
Accrued bonuses		109		390
Warranty		107		159
Accrued losses on development contracts		83		—
Accrued sales, use and excise taxes		6		9
Deferred rent		—		68
Other		67		98
	$	1,266	$	1,344