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BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 7,742 $ 5,188
Investments 2,649 2,220
Accounts receivable, net of allowance for doubtful accounts of $0 and $14 at June 30, 2019 and 2018, respectively 4,100 2,955
Deferred costs 430 32
Notes receivable (See Note 6) 1,176
Inventory 6,239 4,393
Prepaid expenses and other current assets 623 269
Total current assets 21,783 16,233
Plant, equipment and leasehold improvements, net 2,726 1,755
Intangibles, net 129 140
Deferred income taxes, net 260 1,678
Investments 582
Notes receivable, net of current portion (See Note 6) 43
Other assets 40 68
Total assets 25,520 19,917
Current liabilities:    
Accounts payable 1,996 1,083
Accrued liabilities 1,437 1,266
Deferred revenue 215 31
Note payable and capital lease obligations 622 35
Total current liabilities 4,270 2,415
Non-current liabilities:    
Deferred rent 146 97
Income taxes payable 162 123
Notes and capital lease payable, net of current portion 3,934 6
Total non-current liabilities 4,242 226
Total liabilities 8,512 2,641
Commitments and Contingencies:
Shareholders' equity:    
Common stock, no par value, 50,000,000 shares authorized; 4,039,491 and 4,331,089 shares issued and outstanding at June 30, 2019 and 2018, respectively 15,815 19,835
Accumulated other comprehensive loss (549) (153)
Retained earnings (accumulated deficit) 1,742 (2,406)
Total shareholders' equity 17,008 17,276
Total liabilities and shareholders' equity $ 25,520 $ 19,917