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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2019
Mar. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 3,260 $ 1,453
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 309 472
Amortization of loan fees 5
Gain on disposal of equipment (7) (16)
Gain on sale of investments (356)
Share-based compensation 28 191
Impairment of goodwill and long-lived assets 230
Deferred income taxes 1,026 224
Bad debt recovery (14)
Changes in operating assets and liabilities:    
Accounts receivable (773) 103
Deferred costs (235) 12
Assets held for sale (84)
Inventory (412) (298)
Prepaid expenses and other assets (410) 21
Accounts payable, accrued expenses and deferred rent 353 (576)
Deferred revenue 169 57
Income taxes payable 142
Net cash provided by operating activities 3,085 1,789
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of investments (2,562) (806)
Purchases of equipment and leasehold improvements (1,048) (820)
Proceeds from dividend reclassified as return of principal 23
Increase in notes receivable (1,500)
Proceeds from collection of notes receivable 1,154
Proceeds from sale of investments 1,905
Proceeds from sale of equipment 7 30
Increase in intangibles (11) (11)
Net cash used in investing activities (532) (3,107)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repurchases of common stock (2,675) (18)
Proceeds from shares issued under ATM, net of commissions and fees 2,262
Proceeds from exercise of options and ESPP contributions 29 38
Borrowings from Minnesota Bank & Trust, net of loan origination fees 4,940
Payments of employee payroll taxes on net issuance of common stock (101)
Principal payments on notes payable and capital lease (273) (70)
Net cash provided by financing activities 1,920 2,212
Net increase in cash and cash equivalents 4,473 894
Cash and cash equivalents, beginning of period 5,188 4,205
Cash and cash equivalents, end of period 9,661 5,099
Noncash investing and financing activity:    
Value of shares issued to employees under performance awards 266
Cash paid during the period for:    
Interest 134 6
Income taxes $ 315 $ 287