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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 1,621 $ 5,084
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 557 555
Gain on sale of OMS (327)
Gain on sale or disposal of equipment (16) (3)
Asset impairment charges 1,029 113
Share-based compensation 194 3
Deferred income taxes 391 (2,048)
Bad debt expense (recovery) 14 (17)
Changes in operating assets and liabilities:    
Accounts receivable, due from factor and other current receivables 569 (633)
Deferred costs (19) 226
Assets held for sale 31 (22)
Inventory (1,309) 279
Prepaid expenses and other assets (45) (299)
Accounts payable, accrued expenses and deferred rent (57) 518
Deferred revenue 13 (193)
Income taxes payable 123 (1)
Net cash provided by operating activities 3,096 3,235
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of equipment and leasehold improvements (923) (606)
Proceeds from sale of OMS 636
Purchase of notes receivable (See Note 8) (350) (450)
Investment in Loan Participation (See Note 8) (1,150)
Proceeds from sale of investment in Ramsey 86
Proceeds from sale of equipment 30 3
Increase in intangibles (11) (32)
Purchase of investments (1,711) (663)
Net cash used in investing activities (4,115) (1,026)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on capital lease and note payable (78) (59)
Proceeds from shares issued under ATM 2,262 48
Borrowings from Summit loan 600
Repayments on Summit loan (600)
Repurchases of common stock (220) (312)
Proceeds from exercise of stock options and ESPP contributions 38 25
Net cash provided by (used in) financing activities 2,002 (298)
Net increase in cash and cash equivalents 983 1,911
Cash and cash equivalents, beginning of year 4,205 2,294
Cash and cash equivalents, end of year 5,188 4,205
Noncash investing and financing activities:    
Promissory note issued in connection with sale of Fineline 280
Capital lease for the acquisition of equipment 105
Value of shares surrendered in connection with a stock option exercise 64
Supplemental disclosures of cash flow information:    
Cash paid for income taxes, net of refunds 401 217
Cash paid for interest $ 7 $ 12