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Statement of Financial Position (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Jun. 30, 2011
Current assets:    
Cash and cash equivalents $ 5,991 $ 8,627
Accounts receivable, less allowance for doubtful accounts of $561 and $698 at March 31, 2012 and June 30, 2011, respectively 13,627 10,883
Inventories 8,710 9,547
Other current assets 568 416
Total current assets 28,896 29,473
Property and equipment, net 2,206 1,769
Goodwill 2,967 2,967
Other intangible assets, net 1,802 2,152
Other assets 776 774
Total assets 36,647 37,135
Current liabilities:    
Accounts payable 7,296 8,165
Accrued payroll and related expenses 1,873 2,214
Accrued warranty expenses 1,200 1,116
Deferred revenue 224 132
Line of credit 5,800 3,900
Accrued income tax, current 35 78
Accrued Restructuring 133 0
Other accrued liabilities 1,749 947
Total current liabilities 18,310 16,552
Long-term liabilities:    
Deferred income tax, long-term 1,688 1,364
Long-term obligations 485 397
Total liabilities 20,483 18,313
Stockholders’ equity:    
Preferred stock, $0.001 par value: 1,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.001 par value: 19,000 shares authorized, 9,694 shares issued and 9,689 shares outstanding at March 31, 2012 and 9,750 shares issued and 9,745 shares outstanding at June 30, 2011 174,532 173,377
Treasury stock, at cost, 5 shares at March 31, 2012 and June 30, 2011 (42) (42)
Accumulated deficit (158,646) (155,281)
Accumulated other comprehensive income (loss) 320 768
Total stockholders’ equity 16,164 18,822
Total liabilities and stockholders’ equity $ 36,647 $ 37,135