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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2019
Jun. 30, 2019
Current Assets:    
Cash and cash equivalents $ 6,175 $ 7,742
Investments 3,540 2,649
Accounts receivable, net of allowance for doubtful accounts of $17 and $0 at December 31, 2019 and at June 30, 2019, respectively 2,683 4,100
Deferred costs 492 430
Inventory 7,808 6,239
Prepaid expenses and other current assets 193 623
Total current assets 20,891 21,783
Equipment and leasehold improvements, net 2,768 2,726
Right of use asset, net 3,107
Intangibles, net 145 129
Deferred income taxes, net 163 260
Investments 1,610 582
Other assets 42 40
Total assets 28,726 25,520
Current Liabilities:    
Accounts payable 1,672 1,996
Accrued expenses 1,287 1,437
Deferred revenue 360 215
Note payable and capital lease obligations 633 622
Total current liabilities 3,952 4,270
Deferred rent 146
Lease liability, net of current portion 2,937
Income taxes payable 352 162
Notes and capital leases payable, net of current portion 3,613 3,934
Total non-current liabilities 6,902 4,242
Total liabilities 10,854 8,512
Shareholders' equity:    
Common shares; no par value; 50,000,000 shares authorized; 3,884,098 and 4,039,491 shares issued and outstanding at December 31, 2019 and June 30, 2019, respectively 13,634 15,815
Accumulated other comprehensive income (loss) 100 (549)
Retained earnings 4,138 1,742
Total shareholders' equity 17,872 17,008
Total liabilities and shareholders' equity $ 28,726 $ 25,520