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):


	December 27, 2014		June 30, 2014
	(unaudited)
Raw materials	$	6,986	$	6,408
Work-in-process		710		1,614
Finished goods		2,912		2,274

Total inventory	$	10,608	$	10,296

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


	December 27, 2014			June 30, 2014
	(unaudited)
Machinery and equipment	$	4,069		$	3,991
Computer equipment		5,451			5,456
Software development costs		2,688			2,688
Demonstration equipment		1,627			1,605
Office furniture and equipment		955			1,052

		14,790			14,792
Less accumulated depreciation		(13,874	)		(13,710	)

Net property and equipment	$	916		$	1,082

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


	December 27, 2014										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	$	(1,098	)	$	(158	)	$	674	$	1,930	$	(976	)	$	(158	)	$	796
Customer Base		340		(340	)		—			—		340		(340	)		—			—
Trademarks/ Tradenames		231		(154	)		(77	)		—		231		(154	)		(77	)		—

Total	$	2,501	$	(1,592	)	$	(235	)	$	674	$	2,501	$	(1,470	)	$	(235	)	$	796

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


	2015		2016		2017		2018		Total
Developed Technology/Patents	$	123	$	245	$	245	$	61	$	674

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


	Six Months Ended
(unaudited)	December 27, 2014			December 28, 2013
Balance at beginning of period	$	897		$	1,070
Provision for warranties issued		381			422
Warranty claims		(404	)		(408	)

Balance at end of period	$	874		$	1,084