2. Balance Sheet Detail

Cash and cash equivalents-The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents. Restricted cash consists of deposit accounts held to secure a leased facility and a credit card facility.

Inventories-Inventories are stated at the lower of standard cost, which approximates actual cost on a first-in, first-out basis, or market. The components of inventory are as follows (in thousands):


	September 27, 2014		June 30, 2014
	(unaudited)
Raw materials	$	6,684	$	6,408
Work-in-process		1,553		1,614
Finished goods		3,011		2,274

Total inventory	$	11,248	$	10,296

Property and equipment-Property and equipment are recorded at cost. The components of property and equipment are summarized as follows (in thousands):


	September 27, 2014			June 30, 2014
	(unaudited)
Machinery and equipment	$	4,035		$	3,991
Computer equipment		5,446			5,456
Software development costs		2,688			2,688
Demonstration equipment		1,649			1,605
Office furniture and equipment		967			1,052

		14,785			14,792
Less accumulated depreciation		(13,799	)		(13,710	)

Net property and equipment	$	986		$	1,082

Other intangible assets-Other intangible assets subject to amortization were as follows (in thousands):


	September 27, 2014 (unaudited)										June 30, 2014
	Gross Assets		Accumulated Amortization			Impairment of Intangible Assets			Net Carrying Amount		Gross Assets		Accumulated Amortization			Impairment of Intangible Assets			Net Carrying Amount
Developed Technology/ Patents	$	1,930	$	(1,037	)	$	(158	)	$	735	$	1,930	$	(976	)	$	(158	)	$	796
Customer Base		340		(340	)		—			—		340		(340	)		—			—
Trademarks/ Tradenames		231		(154	)		(77	)		—		231		(154	)		(77	)		—

Total	$	2,501	$	(1,531	)	$	(235	)	$	735	$	2,501	$	(1,470	)	$	(235	)	$	796

A summary of future amortization as of September 27, 2014 is as follows (in thousands):


	2015		2016		2017		2018		Total
Developed Technology/Patents	$	184	$	245	$	245	$	61	$	735

Warranty-The estimated cost of product warranty is provided for at the time revenue is recognized. Changes in the Company’s warranty liability:


	Three Months Ended
(unaudited)	September 27, 2014			September 28, 2013
Balance at beginning of period	$	897		$	1,070
Provision for warranties issued		223			237
Warranty claims		(219	)		(251	)

Balance at end of period	$	901		$	1,056