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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Jun. 30, 2019
Current Assets:    
Cash and cash equivalents $ 6,502 $ 7,742
Investments 3,127 2,649
Accounts receivable, net of allowance for doubtful accounts of $12 and $0 at September 30, 2019 and at June 30, 2019, respectively 3,157 4,100
Deferred costs 493 430
Inventory 6,844 6,239
Prepaid expenses and other current assets 232 623
Total current assets 20,355 21,783
Equipment and leasehold improvements, net 2,653 2,726
Right of use asset, net 3,187
Intangibles, net 129 129
Deferred income taxes, net 301 260
Investments 1,306 582
Other assets 40 40
Total assets 27,971 25,520
Current Liabilities:    
Accounts payable 1,376 1,996
Accrued expenses 1,306 1,437
Deferred revenue 240 215
Note payable and capital lease obligations 624 622
Total current liabilities 3,546 4,270
Deferred rent 146
Lease liability, net of current portion 3,015
Income taxes payable 191 162
Notes and capital leases payable, net of current portion 3,775 3,934
Total non-current liabilities 6,981 4,242
Total liabilities 10,527 8,512
Shareholders' equity:    
Common shares; no par value; 50,000,000 shares authorized; 3,990,995 and 4,039,491 shares issued and outstanding at September 30, 2019 and June 30, 2019, respectively 15,161 15,815
Accumulated other comprehensive loss (606) (549)
Retained earnings 2,889 1,742
Total shareholders' equity 17,444 17,008
Total liabilities and shareholders' equity $ 27,971 $ 25,520